[vc_row][vc_column][vc_column_text]The Supreme Court has upheld the law making Aadhaar a must for filing income tax returns and its linkage to PAN card. Those who have a PAN but have not yet got Aadhaar can still file their income tax returns this year. The SC bench however has not expressed any
Central News
Central Industry News
The Central News includes industry-news at the national level. This includes industry and finance policies put forth by the Government of India that would be applicable to all industries, including medium and small industries in Peenya. The Central News would be for the information and benefit of the industry members of the Peenya Industries Association.
The Central Industry News includes policies, statements, opinions by the finance and medium and small industries, and also chiefs of the industrial organisations at the national level, trends about industrial sectors from the point of view of their present situation. The Central Industry News also includes news articles about chiefs of trade and industrial associations sending their recommendations, opinion, memorandums, for the information of the members of the Peenya Industries Association.
Also, the Central Industry News would include news of a minister being allocated the small and medium industries portfolio, or formation of new government after the Lok Sabha elections.
Benefits from PMRPY for MSMEs
[vc_row][vc_column][vc_column_text]The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) Plan Scheme has been designed to incentivize Employers for generation of new employment, where Government of India will be paying the 8.33% EPS contribution of the Employer for the new employment. This Scheme has a dual benefit, where, on the one hand, the Employer
UPDATE KNOW THE GST IMPACT ON JOB-WORK
[vc_row][vc_column][vc_column_text]If you are outsourcing some of your manufacturing work, here's how GST will bring significant changes for you. Every manufacturer in the country - big or small, tends to do some part of their manufacturing in-house and the rest outsourced to others. This allows manufacturers to focus on their core competencies
EPFO introduces Online Claim Submission
[vc_row][vc_column][vc_column_text]As part of the GOI's latest e-governance initiative, EPF Members who have activated their UAN and seeded their KYC (Aadhaar) with EPFO will be able to apply for PF Final Settlement (Form19), Pension Withdrawal Benefit (Form10-C) and PF Part Withdrawal (Form31) from the their UAN Interface directly. The three forms
Employers can now file Unified EPF, ESI Returns
[vc_row][vc_column][vc_column_text]As part of its continuous efforts to improve the ease of doing business, the Union Labour Ministry has launched a Common Registration Facility on its e-biz portal which will enable Employers to avoid filing separate EPF and ESI returns. The Labour Ministry announced the integration of the annual return under Mines
ESI Amnesty Scheme Extended like PF till 30 June
[vc_row][vc_column][vc_column_text]The Scheme to Promote Registration of Employee/Employers (SPREE) has been extended by the Central Government till 30th June 2017. This follows pressure brought from thousands of micro and small enterprises on the Ministry to extend the Scheme. The amnesty scheme was introduced in December last year. It offered a one-time window
ESI introduces Paperless Registration
[vc_row][vc_column][vc_column_text]Attention Members of PIA! Want to register your Employees under ESI? It's no more a headache with the bother of filing application, giving supporting documents, etc. You can get your Employees registered under ESI Act online directly through portal www.esic.in. No hard copies or application or supporting documents are required
Union Budget – Impact on Direct & Indirect Taxes
[vc_row][vc_column][vc_column_text]According to tax experts here is a perspective on the impact of direct taxes proposals on industry and trade: * In a huge breather to Start-ups, the budget has extended the time period for availing tax benefit for three years in the first seven years of existence of a startup company.
Incentives for Employers from EPFO under Employees Enrolment Campaign
[vc_row][vc_column][vc_column_text]Here is a reason why you as an Employer should get your Employee enrolled in EPF. The EPFO's Employees Enrolment Campaign from Jan to March 2017 is a wonderful opportunity for Industry Employers and Business Owners to voluntarily come forward and declare details of all such employees who are entitled
Employee Wage limit for ESIC Cover raised to Rs 20,000 a Month
[vc_row][vc_column][vc_column_text] The Employees' State Insurance Corporation (ESIC) in the Employees' State Insurance (Central) Rules, 1950, in rule 50, has substituted the words “fifteen thousand rupees” with 'twenty one thousand rupees”. According to Rule 50 of ESI (Central) Rule, 1950, the wage limit for coverage of an employee under sub-clause (b) of clause