Let’s Talk Compliance – Implementation date of SC judgment on PF wages – Retrospective or Prospective

The Apex court’s judgment on PF wages was delivered on 28-02-2019 in a case more popularly known as Surya Roshni Ltd & Ors vs Employee Provident Fund & Ors.Hon’ble Supreme Court in the matter of Regional Provident Fund Commissioner Vs. Vivekananda Vidyamandir and other connected appeals including Surya Roshni Ltd considered the scope of ‘basic […]

Is there any cloud-based compliance tool available?

  Yes, of course, it is available. Nowadays cloud computing is an on-demand technology and many companies come forward to offer cloud-based compliance solution. Among them, I would recommend looking at Compfie, futuristic cloud-based compliance tool that enables companies to track, govern and do all the regulatory requirements on the cloud thereby preventing future risks.

Let’s Talk Compliance – Labour Code on Wages

The Second National Commission on Labour submitted its report on June 2002 and recommended that the existing set of labour laws should be broadly amalgamated into the following groups, namely:–– (a) Industrial relations; (b) Wages; (c) Social security; (d) Occupational Safety, Welfare & Working conditions. In pursuance of the recommendations of the said Commission and […]

Let’s Talk Compliance – A Storm after a Calm – Employers’ cry – with reference to PMRPY Scheme

The happy-going Managements of the Industrial Establishments are suddenly getting shocked waves for no fault of theirs. Yes… This is regarding the incentive scheme announced for the establishments generating employment under the Pradhan Mantri Rozgar Protsahan Yojana ( PMRPY ). After having allowed the managements to avail the incentive based on the scheme for a […]

Employee Provident Fund (EPF) goes for incremental changes

According to the latest buzz, Employee Provident Fund deduction may increase soon for certain segments of the working population. The change does not affect employees earning more than Rs. 15000 in basic wages plus dearness allowance. All variable labour allowances linked to the employee’s efforts, such as overtime allowance, can be excluded. What’s the existing […]

The importance of HR Compliance

At the centre of any organisation is the human resources (HR) function. The HR department focuses on identifying, hiring and retaining people with the right skill sets and qualities to execute the organisation’s strategy and achieve its goals. Given the importance of HR compliance, it is an important player in the organisation’s compliance structure. Organisations are […]

5 Important Factors To Check Before You Process Payroll

One of the most important and defining processes of an organization is to with payroll. A good payroll process is something that keeps everyone, from the top to the bottom, happy and content with their work lives. Studies say that employee disgruntlement factor can go up alarmingly with every complexity addition in payroll processes. That’s […]

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