Diwali bonus for employees The Payment of Bonus Act, 1965, establishes the framework for annual bonuses; however, the Diwali bonus is frequently regarded as an additional incentive that goes beyond the legal requirements. Organizations may choose to combine the Diwali bonus with the obligatory bonus or offer it as a separate festive reward aimed at…
Since aadhaar details can’t be corrected after the member’s death, EPFO has decided to allow the processing of physical claims without seeding aadhaar, but only as a ‘temporary measure’. In certain cases, physical claims can be settled without seeding aadhaar. EPF has released a circular detailing the settlement of physical claims in death cases. The…
By EPFO : Auto-mode settlement of advance claims for housing, school, marriage, and medical has been implemented by the Employees’ Provident Fund Organization (EPFO). Advance claim new rule: In a press release dated May 13, 2024, the facility was expanded to include housing under Rule 68B, education and marriage under Rule 68K, and both. Advance…
The spectrum of services and support offered to companies or establishments to make sure they are in compliance with different laws, regulations, and standards is sometimes referred to as “establishment compliance services.” For businesses to stay out of trouble with the law, avoid fines, and protect their reputation, these services may be essential. The following…
Labour laws, rules, and ethical standards must be complied with, and this can only be done by corporations through labour audits. Usually, these audits entail a thorough examination of all facets of an organization’s hiring procedures, such as: Wage and hour compliance Making sure that workers receive correct compensation for the hours they work, including…
Generally speaking, ESI registration refers to registration in India under the Employees’ State Insurance Act of 1948. For Indian workers, it is a social security and health insurance programme. ESI (Employee State Insurance) registration is a process mandated by the government of many countries, including India. The ESI scheme provides medical and cash benefits to…
Adherence to legal norms and standards pertaining to employment and labor practices inside a company is known as labor law compliance. It includes a broad variety of legal provisions that control the working environment, rights of employees, and the interaction between employers and employees. In order to safeguard employee rights, promote a healthy work environment,…
Plot No. 1984, LGF, Sector-45, Sector 45, Gurgaon, Gurugram-122003, Haryana, India
