Wages/Salary payable during Lockdown period

Categories
COVID-19
We have been getting multiple queries regarding the authority of the MHA in enforcing full salary payments during lock-down period & also the remedy available to the Employer under ID act ie:provision of lay-off, lockdown & reduced wages.
Below article from Labour Law Reporter clarifies the same & is circulated for your information only.

COVID 19 Benefit Procedure for Construction Worker

Categories
COVID-19

The Department of Labour at Maharashtra has started Meal service twice a day to construction workers who are currently stuck at site.

In case you wish to avail the meal service irrespective off whether your site or the contractor is registered under BOCW Act or not, You may use the enclosed draft & send it by email to the concerned Labour Office in your jurisdiction.

 

Application Draft for COVID benefit

ESI – Purchase of Medicines from Private Chemists

Categories
ESIC
MOLE has announced that ESI Insured Persons can now purchase Medicines during the lockdown period from Private Chemists only during the
Period of Lock down & later on claim for reimbursement from ESI Office.
You may circulate this important information to all your employees.

Maharashtra Relaxation of Lock down for certain industries

Categories
COVID-19

In view of the subject mentioned Orders shared with you today, In case you wish to avail services for liasoning with the Concerned authority for getting your organisation permission to operate, Please register your interest with us by responding to this email with the details location of your establishment that you wish to start operations.

EPF Notification On reduction from 12% to 10%

Categories
Provident Fund

The reduction in statutory rate of contributions from 12% to 10% for wage months May, 2020, June, 2020 and July, 2020 for all class of establishments covered under the EPF & MP Act, 1952 announced on 13.05.2020 by the Central Govt. as part of Atma-NirbharBharat package has been notified vide SO 1513 (E) dated 18.05.2020 published in the Gazette of India. The notification is available under the TAB- COVID-19 on the home page of EPFO website and circular from Regional Office Chennai is enclosed for clarification. 

The reduced rate is also not applicable for PMGKY beneficiaries, since the entire employees EPF contributions (12% of wages) and employers’ EPF & EPS contribution (12% of wages), totalling 24% of the monthly wages is being contributed by the Central Govt.

 

As a result of reduction in statutory rate of contributions from 12% to 10%, the employee shall have a higher take home pay due to reduction in deduction from his pay on account of EPF contributions and employer shall also have his liability reduced by 2% of wages of his employees. If Rs.10000/- is monthly EPF wages, only Rs.1000/- instead of Rs.1200/- is deducted from employee’s wages and employer pays Rs.1000/-instead of Rs.1200/- towards EPF contributions.  

In Cost to Company (CTC) model, if Rs.10000/- is monthly EPF wages, in CTC Model the employee gets Rs.200/- more directly from employer as employer’s EPF/EPS contribution is reduced and Rs.200/- less is deducted from his/her wages.

Under the EPF Scheme, 1952 any member has theoption to contribute at a rate higher than statutory rate (10%) and employer can restrict his contributions @ 10% (statutory rate) in respect of such employee.

 

 

EPF Notification On reduction from 12% to 10%

Extension of lock down from 01 Aug to 16 Aug 2020 with Guidelines – Govt. of Bihar

Categories
Uncategorized
Serve HR Corporate Services is a Professional Consulting firm providing end to end Labour Laws Compliance Management Services. Established in the year 1983, over 35+ years of practice has built up our strong domain expertise to handle the most complicated employment & labour law compliance issues. Headquartered at Mumbai, we have multi-city presence at 16 Locations in India offering PAN India Compliance Support services under various State Labour Laws. We cater to 400+ Clients across diverse Industry verticals managing records of close to 36,000 employees and our team size of 50+ professionals working across various locations in India ensure complete support in day to day compliance. One of our USP is the use of e-compliance tools to ensure on-time compliance & give Clients access to a Live Dashboard to view their on-going compliances.