On June 25, 2024, a significant policy shift came into effect as the Chandigarh Administration announced exemptions for shops and commercial establishments from several key provisions of the Punjab Shops and Commercial Establishments Act, 1958. This move is aimed at…
The Ministry of Labour and Employment has announced a significant change for employers contributing to the Employees’ Provident Fund Organisation (EPFO) schemes. In a notification dated June 14th, 2024, the government has drastically reduced the penal charges levied on employers…
The government of Karnataka has recently announced a groundbreaking decision that promises to significantly impact the state’s industrial landscape. By exempting specific establishments from the applicability of the Industrial Employment (Standing Orders) Act, 1946, for five years, the government aims…
The Indian IT sector has witnessed phenomenal growth in recent years, and Telangana has emerged as a frontrunner in attracting and nurturing this dynamic industry. A key factor behind this success is the Telangana government’s strategic approach, which includes offering…
The Maharashtra Labour Welfare Board (MLWB) plays a vital role in ensuring the welfare of workers and their families in the Indian state of Maharashtra. Established under the Maharashtra Labour Welfare Fund Act, 1953, the Maharashtra Labour Welfare Board functions…
Your Money, Secured: A Look at the Employees’ Provident Fund Organisation (EPFO) The Employees’ Provident Fund Organisation (EPFO) is a pillar of social security in India. Established in 1952 by an Act of Parliament, the EPFO plays a vital role…
Professional Tax in Tamil Nadu: A Comprehensive Guide for Professionals Introduction Lawyers, surgeons, chartered accountants, and engineers are just a few examples of those subject to professional tax. It is a tax imposed on those working in specific professions. Tamil…
EPF Act’s “Basic Wage” and the Minimum Wages Act’s “Minimum Wage” Are Not the Same Thing Parties The Appellant is the Assistant Provident Fund Commissioner (APFC), who is responsible for enforcing the provisions of the Employees Provident Fund and Miscellaneous…
GST Registration Consultants in Chennai The GST was launched in 2017 to decrease India’s indirect taxes levied on goods. Once you register your business or services, GST aids in maintaining tax compliance. The tax revenue aids the government in developing…
Statutory Registers : Its Importance in Corporate Governance Introduction Statutory registers, often overlooked as mundane regulatory documents, play a critical role in corporate governance and regulatory compliance. They serve as vital records of essential company information, ensuring transparency, accountability, and…