EPF

GST 2.0 Unveiled: Two-Slab Structure, Major Rate Cuts Effective from September 22

In a landmark move, the 56th GST Council Meeting on September 3, 2025, approved sweeping reforms under India’s indirect tax regime. After 10.5 hours of deliberation, the Council cleared GST 2.0, marking the biggest tax reform since GST’s launch in 2017. The new structure simplifies slabs, reduces the burden on households, and improves ease of…

ESIC Approves Amnesty Scheme 2025 – A One-Time Opportunity for Employers

The Employees’ State Insurance Corporation (ESIC), under the Ministry of Labour & Employment, has announced the Amnesty Scheme 2025 in its 196th Corporation Meeting held at Shimla, Himachal Pradesh, chaired by Dr. Mansukh Mandaviya, Union Minister for Labour & Employment and Youth Affairs & Sports. This scheme is a landmark initiative designed to resolve long-pending…

the Employment Exchanges Act

theemploymentexchangesact

Introduction Employment generation and workforce management have always been crucial concerns for both the government and industry. To bridge the gap between job seekers and employers, the Government of India enacted The Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959, popularly known as the Employment Exchanges Act. This legislation makes it mandatory for certain establishments…

theemployeeprovidentfundactinindia

theemployeeprovidentfundactinindia

The Employees’ Provident Fund (EPF) Act, 1952, officially known as the Employees’ Provident Funds and Miscellaneous Provisions Act, is a cornerstone of India’s social security framework. Its primary aim is to ensure financial protection for employees by building a retirement corpus and offering support in times of uncertainty such as illness, disability, or sudden unemployment….

Top factory licence service firms

topratedfactorycomplianceservicesinindia

Running a factory in India comes with multiple responsibilities, especially when it comes to labour laws, statutory compliance, and safety regulations. Non-compliance can result in heavy penalties, legal disputes, or even closure of operations. That’s why having the right factory compliance services is essential for every manufacturing unit. At Sankhla Corporate Services Pvt. Ltd., we…

EPF Act

The Employees’ Provident Fund (EPF) Act and Its Amendments in India: A Complete Guide

The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (commonly known as the EPF Act) is one of the most important social security legislations in India. Designed to provide financial security and stability to employees, the Act ensures that workers build a retirement corpus through systematic savings during their working life. Over the decades, the…

payroll processing and management

Payroll Management: Meaning, Importance, and Best Practices for Businesses

When we think of running a business, the focus often goes to big goals, customer satisfaction, or rapid growth. But behind the scenes lies one of the most critical functions that often gets less attention—payroll management. Whether you’re an entrepreneur, HR professional, or simply curious about how organizations manage employee pay, this guide breaks payroll…