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Date of Filing (ECR) for Wage Month March, 2020 Extended Up to 15th March 20

Date of Filing Electronic Challan Cum Return (ECR) for Wage Month March, 2020 Extended Up to 15.05.2020 from 15.04.2020 Move Incentivises About 6 Lakh Establishments for Salary Payments During Lockdown Period Considering th..

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ESIC Further Extends Period for Filing ESI Contribution

ESIC Further Extends Period for Filing ESI Contribution 3.49 Crore IPs and 12,11,174 Employers to be Benefitted Purchase of Medicines from Private Chemists Permitted during Lockdown The country is dealing with a very challenging situation due to COVID-19 Pandemic. Many   establishments are temporarily closed and workers are unable to work. In line with the re..

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Changes of Consumer Protection Laws cause Consumer affected

Abstract: The Government instead of bringing an amendment in the 1986 Act, enacted a new Act altogether so as to provide enhanced protection to the consumers taking into consideration the booming e-commerce industry and the modern methods of providing goods and services such as online sales, tele-shopping, direct selling and mult..

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EPFO puts in place Online Mechanism to credit EPF and EPS Accounts of Subscribers as per PM Gareeb Kalyan Yojna

Around 79 Lakh Subscribers and approximately 3.8 Lakh Establishments to Benefit Subsidy outgo estimated at Rs 4800 Crore for 3 months Employees Provident Fund Organization (EPFO), a statutory body under Union Ministry of    Labour and Employment, has put in place an electronic mechanism for crediting EPF and EPS acc..

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EPFO settles 1.37 Lakh EPF withdrawal claims to fight Covid-19 in less than 10 days

Employees Provident Fund Organisation (EPFO), an statutory body under Union Ministry of Labour & Employment has processed about 1.37 lakh claims across the country disbursing an amount of Rs. 279.65 crore under a new provision especially formulated by amending the EPF Scheme to help subscribers fight Covid-19. The remittances of the moneys has already started ta..

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Changes in the insolvency and bankruptcy code, in the wake of the COVID-19 pandemic

SYNOPSIS: The article talks about: Current economic situation of India with a reference to the global economy. Slow down of work in factories, manufacturing and supply chain industries. The measures taken by the Union Finance Minister of the country..

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MCA Guidelines to File the MCA E-form COVID-19: CAR-2020 & Key Features

Introduction: Ministry of Corporate Affairs vide a notification dated 20.02.2020, to all the Corporates including Companies and LLPs both are expected and strongly advised to put in place an immediate plan to implement “Work from Home” Policy in their headquarters and field offices. p style="text-align:justify..

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Changes in the insolvency and bankruptcy code, in the wake of the COVID-19 pandemic

SYNOPSIS: The article talks about: Current economic situation of India with a reference to the global economy. Slow down of work in factories, manufacturing and supply chain industries. The measures taken by the Union Finance Minister of the country..

Posted in news |   2 Views


Corona Virus/COVID19: Can I get EPF Advance?

FREQUENTLY ASKED QUESTIONS ON EPF ADVANCE TO FIGHT COVID-19 PANDEMIC Q1: Who is eligible for the advance from EPF to fight COVID-19 Pandemic? Ans. Any member of EPF Scheme, 1952 with UAN (Universal account number) employed in any establishment or factory covered under EPF & MP Act, 1952. Q2: Under which provision of the EP..

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Supervisory Jurisdiction of Courts and Seat of Arbitration

An arbitration agreement should be simple and covering all the essential factors to avoid intervention of courts. Even today drafting of international arbitration agreements are not made properly by parties even after many years of arbitration practice is in place throughout the world. The essential factors that are to be included in an international arbitration claus..

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EPFO Issues Revised Instructions to Facilitate PF Members to Rectify their Birth Records

In a move to extend the availability and reach of online services in the wake of the COVID-19 pandemic, EPFO has issued revised instructions to its field offices to facilitate PF members to rectify their date of birth in EPFO records, thus ensuring that their UAN is KYC compliant. The date of birth recorded in 'Aadhaar' will now be accepted as valid proof of date of birth for ..

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Issue of Jurisdiction in relation to Execution of Arbitral Award

An arbitration award or arbitral award is a determination on the merits by an arbitration tribunal, which include interim awards. Domestic awards are governed by Part I whereas foreign awards are governed by part II of the Arbitration and Conciliation Act of India. The arbitrator’s final decision on the case is called the “award.” Once the arbitrat..

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Mandatory 'Good Corporate Governance' Compliance for Listed Companies

Upcoming Mandatory Compliance by Listed Companies towards "Good Corporate Governance" An Introduction The Market Regulator, Securities, and Exchange Board of India (SEBI) issued amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 vide it's circular dated 09th and 10th May 2018 tak..

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Early Clearance of MSMES' Bills

To address the issues related to delayed payments of Micro, Small and Medium Enterprises (MSMEs), the Ministry of Micro, Small and Medium Enterprises (MSME)  has taken the following steps: Micro and Small Enterprises Facilitation Councils (MSEFCs) have been set up in all States/ UTs to resolve the delayed payments ..

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Employees' Pension Scheme (Amendment) Scheme, 2020

Representations have been received from individual Employees’ Pension Scheme (EPS), 1995 pensioners as well as various pensioners associations raising issue of amendments in EPS, 1995 as well as demands, inter-alia, regarding enhancement of minimum monthly pension and restoration of commuted value of pension. Considering ..

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