Thursday, 12 October 2017

How To Register Aadhar Based E Sign At PF Unified Portal

EPFO has introduced Aadhar based E sign for approving employee KYC details. The main reason behind introducing Aadhar based E sign is there are so many difficulties in using the digital signature in unified PF portal, there are so many problems with Java installation and browser settings. Now there is no need to worry about these things, now employers can easily register their aadhar based e sign in unified PF portal. Here is the complete process on how to register Aadhar based E sign at PF unified portal.



How To Register Aadhar Based E Sign At PF Unified Portal
Steps To Register Aadhar Based E Sign At PF Unified Portal For The Employers Who Have Active DSC
Aadhar based e sign registration will be done in two cases, One is for the employers who already have active digital signature and second case is for the employers who don’t have registered digital signature in EPF portal.
The benefit for the employers who have active digital signature is they don’t need to visit EPF office to get approval for their aadhar based e sign. The remaining employers who don’t have active digital signature need to visit their regional EPF office along with request letter generated in unified PF portal.

D importance of Aadhaar card while u claim your pension

In January this year, Employees' Provident Fund Organisation (EPFO) had made it mandatory for its pensioners to provide either Aadhaar or enrolment ID to remain beneficiaries of its social security schemes. To comply with the EPFO directive, with effect from February 1, 2017, those who are eligible for pension under the Employees' Pension Scheme (form 10C - more than ten years of continuous service) must furnish their Aadhaar number. 



How can u transfer pf balance once u change ur job

Upon joining a new organisation, the employee is supposed to fill and submit details to the new employer by furnishing details in the 'Composite Declaration Form (F-11)'. Along with your basic details, it also asks for the previous UAN (Universal Account Number), if any, and previous PF number etc. 

What will happen now is that when your present employer enters the information (as per Form 11) in the employer's portal and if the UAN had been seeded with Aadhaar and bank details and had also been verified by the previous employer, it will trigger an auto-transfer process which will transfer the accumulations against the previous PF number to the new one. 


An SMS informing the subscriber about the proposed auto-transfer is sent to the registered mobile number. The auto transfer will be completed only after -


(a) The employee does not request to stop the proposed auto-transfer (either online, or through the employer or at the nearest EPFO office) within 10 days of receiving the SMS, and 

(b) The first contribution by the present employer is deposited and reconciled. Once the funds get transferred to the new PF number, a communication is sent to the employee by mobile and email. 


In nutshell, for a smooth online transfer process, here are the things every employee needs to track while changing jobs: 


* Make sure that the UAN has been seeded and verified by your employer before switching jobs. 


* After switching, submit Composite Declaration Form (F-11) to the new employer. 


* Employer uploads the information on to the employer's portal. 


* Auto-transfer initiates from previous to new PF number. 



Actual transfer happens once the initial contribution by the present employer takes place. 


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Thursday, 27 July 2017

Cabinet approves minimum wage code bill by integrating four labour laws

The Union Cabinet on Wednesday approved the new wage code bill which will ensure a minimum wage across all sectors by integrating four labour related laws.
The proposed legislation is expected to benefit over 4 crore employees across the country.ile image of Narendra Modi with his Cabinet ministers. PIB
The Labour Code on Wages Bill will consolidate the Minimum Wages Act, 1948; the Payment of Wages Act, 1936; the Payment of Bonus Act, 1965; and the Equal Remuneration Act, 1976, sources said.
The approval for the draft bill was given by the Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday.
The bill seeks to empower the Centre to set a minimum wage across all sectors in the country and states will have to maintain that.
However, states will be able to provide for higher minimum wage in their jurisdiction than fixed by the central government, sources said.
The bill is likely to be introduced in Parliament during the ongoing monsoon session which will conclude on 11 August.
The new minimum wage norms would be applicable for all workers irrespective of their pay. At present, the minimum wages fixed by the Centre and states are applicable to workers getting up to Rs 18,000 pay monthly.
This would ensure a universal minimum wage for all industries and workers, including those getting monthly pay higher than Rs 18,000, according to senior officials.
Earlier in the day, Labour Minister Bandaru Dattatreya in a written reply informed the Rajya Sabha that the Second National Commission on Labour has recommended that the existing labour laws should be broadly grouped into four or five labour codes on a functional basis.
Accordingly, he said the ministry has taken steps for drafting four labour codes on wages; industrial relations; social security & welfare and safety and working conditions, respectively.
It will be done by simplifying, amalgamating and rationalising the relevant provisions of the existing central labour laws.

Wednesday, 19 July 2017

PF deduction over 15000 basic

As we all know that every employee who is getting a salary of 15000 Rs or less than 15000 Rs will come under EPF scheme. Earlier this limit was 6500 Rs but after some amendments this limit was increased to 15000 Rs.  So whenever there is less than salary of 15000 Rs then PF calculation is not a problem,  but there are so many queries regarding how to calculate PF of basic salary more than 15000 Rs.

Cases When  We Need To Calculate PF Of Basic Salary More Than 15000

In some cases employers will so willingness to pay PF contributions to employees whose basic + DA is more than 15000 Rs. In those cases we need to do these kind of calculation. But before going to learn how to calculate PF of basic salary more than 1500 we have to learn some basic concepts of PF contribution percentages.

What are the PF contribution percentages:

Most of the EPF contributors are not aware that PF contribution is divided in to two parts, they are provident fund and pension contributions. As per provident fund act 1952, 12% of employee basic salary will goes to provident fund account of employee. Now employer also need to pay same 12% contribution to EPFO but in this 12%, 3.67% will go  to  employee provident fund contribution and remaining 8.33% will go to pension fund of employee.
Employer also needs to pay 0.65% of admin charges ( earlier it was 0.85%) , 0.5% Employee Deposit Linked Insurance Charges ( EDLI ). So total contribution  of employer is 3.67% + 8.33% + 0.65% + 0.5% = 13.15 %
PF Contribution Percentages
Employee12% Provident Fund Contribution
Employer3.67% Provident Fund Contribution
8.33% Pension Contribution
0.65% Admin Charges
0.5% EDLI Charges

Link you AADHAAR with PAN

NNNow it is important to link your Aadhar with your PAN for filing your Income tax Returns, the Supreme Court judgement also clears the doubt and makes it is mandatory to link your Aadhar with your PAN even if there is no requirement to file your income tax returns. Further The Government of India notifies that Individuals who crossed above 80 years of age (Super senior Citizens), NRI's who doesn't have Aadhar are not required to link till further stands taken from the Government of India. So let us see how the process to be followed for linking your Aadhar with PAN, I have tried here to clear all your doubts through the screen shots. Method 1: Steps to be followed if you remember the registered mobile number in Aadhar Method 2: Steps to be followed without the presence of Aadhar registered mobile number Method 3: Steps to be followed through SMS facility

Read more at: http://www.caclubindia.com/articles/simple-steps-to-link-your-aadhar-with-pan-30591.asp

Tuesday, 18 July 2017

कुर्की

कुर्की अंग्रेजों द्वारा बनाया गया असंवैधानिक कानून है।CrPC का धारा 83 यानि कुर्की-जब्ती को किस आधार पर संवैधानिक करार दिया जा सकता है?किसी व्यक्ति के किए की सजा उसके संपत्ति को नहीं मिल सकती।ये उस व्यक्ति के मानवाधिकार का हनन के सिवाय कुछ नहीं है।कुर्की-जब्ती पुलिस द्वारा अपने नाकामी को छिपाने का जरिया है।जब आरोपी को गिरफ्तार नहीं कर पाए तो उनके संपत्ति का गिरफ्तारी करने चले।आखिर पुलिस में इतनी सक्रियता क्यों नहीं और उसके संख्या का विस्तार क्यों नहीं किया जाता जिससे कुर्की करने का नौबत ही नहीं आए?अंग्रेजों ने इसलिए कुर्की का कानून बनाया था ताकि निर्दोष को फंसाने के बाद वह भाग जाए तो उसकी संपत्ति का कुर्की करने के बहाने उसे सरेंडर कराया जाए या संपत्ति को बचाने की डर से भागे ही नहीं।आपसे आग्रह है कि आप कुर्की की जगह पुलिस बल को मजबूत करने पर ध्यान दे।कल आपके आदेश के बाद कई आरोपियों का किया गया गिरफ्तारी एक सही कदम है लेकिन Prima facie यदि कोई आरोपी निर्दोष लगता है तो उसे छोड़ दिया जाए और इसके लिए इन सारे आरोपियों का जांच करने के लिए एक विशेष कमिटि बनाइए।