New Software for filing online returns of exempted establishments under Provident Fund
The Labour Standing Committee has recently reviewed the performance and found many shortcomings in the process of filing by exempted establishments.
In case there are returns pending for the period October 2016 to April 2017, they should be filed online latest by 15th June 2017 using the new online return form.
From June 2016 onwards, exempted establishments are advised to file returns for every wage month by the 15th of the following month after payment of contributions, by using the new online form uploaded by Employee Provident Fund Organisation (EPFO)
The performance and functions of exempted establishments will be regularly monitored and ranks assigned, based on performance. These ranks will be published on the EPFO website periodically.
There are additional data requirements in the new online form:
Note: Exemptions will be cancelled for exempted establishments not filing returns for three consecutive months.
In order to apply for online Provident Fund (PF) withdrawal, the KYC details (viz., details of bank number, PAN, Aadhaar card number, Passport, Driving license, Election card etc.) are to be uploaded in the EPFO website. Also, the UAN number must be seeded with all KYC details and PF account details.
In a few instances, some account holders were unable to apply for online withdrawal of PF as the PAN and Aadhaar numbers were not getting verified. The EFPO department has come up with the reason for such occurrences: The account holders are unable to upload and attest KYC details because the name of the account holder in PAN and Aadhaar cards do not match.
All such account holders are advised to get the details corrected in all three documents (PAN, Aadhar and KYC details in EFPO site) by going to the EPFO website and filling up the joint declaration form. Once this is submitted to the PF office, details will be corrected in the UAN database, which will further enable them to submit KYC online.
During the last Union Budget, Finance Minister Arun Jaitley had mentioned the Universal Basic Wage concept for all Indians, which has been proposed under the ‘Code on Wages’ law. The concept of a Universal Minimum Wage merely means a basic income guarantee to all the workers in India across all industries.
If passed, the proposed bill under “Code of Wages” will substitute current laws like Minimum Wages Act of 1948, the Payment of Wages Act of 1936, the Payment of Bonus Act of 1965 and the Equal Remuneration Act of 1976.
As per the current law, a minimum wage of Rs 18,000 is applicable for workers in some scheduled industries or establishments in the law; this is the wage which any establishment hiring workers in these selected industries need to pay. States are free to set a higher minimum wage, within their jurisdiction, but Rs 18,000 is the minimum, as stipulated by the Centre. These limits and rates are to be changed and implemented under the new code of wages.
|Due date||Nature of transaction||Existing rules||Mode|
|10th July 17||Andhra Pradesh & Madhya Pradesh||State-wise regulations||By Challan|
|15th July 17||Gujarat||Gujarat PT regulations||By Challan|
|20th July 17||Karnataka||Karnataka PT regulations||By Challan & Online|
|21st July 17||West Bengal||West Bengal PT regulations||By Challan|
|30th July 17||Assam & Orissa||State-wise regulations||By Challan|
|30th July 17||Maharashtra||Maharashtra PT regulations||Online|
|15th July 17||Remittance of Contribution||EPF & MP Act, 1952||Online|
|15th July 17||Remittance of Contribution (Main code and Sub codes)||ESIC Act, 1948||Online|
|7th July 17||TDS Payment||Income Tax Act, 1961||Online|
|31st July 17||TDS Quarter return for FY 2017-18||Income Tax Act, 1961||Online|
|Labour Welfare Fund Remittances|
|31st July||Chattisgarh||State-wise regulations||Offline|
|15th July - 1st Half yearly||New Delhi||State-wise regulations||Offline|
|31st July - 1st Half yearly||Goa||State-wise regulations||Offline|
|31st July - 1st Half yearly||Daman & Diu||State-wise regulations||Offline|
|15th July - 1st Half yearly||Gujarat||Gujarat Labour Welfare Fund||Offline|
|15th July - 1st Half yearly||Kerala (Labour Welfare Fund Act)||Kerala State Labour Welfare Fund||Offline|
|5th of every month||Kerala (Kerala Shops & Establishment Workers Welfare Fund)||Kerala State Labour Welfare Fund||Offline|
|31st July - 1st Half yearly||Madhya Pradesh||Madhya pradesh Labour Welfare Fund||Offline|
|15th July - 1st Half yearly||Maharashtra||Maharashtra Labour Welfare Fund||Offline|
|15th July - 1st Half yearly||West Bengal||West Bengal Labour Welfare Fund||Offline|
Sources: Government Notifications, Circulars, Press releases.
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