[vc_row][vc_column][vc_column_text]The Maternity Benefit (Amendment) Bill, 2016 granting women working in the organised sector paid maternity leave of 26 weeks, up from 12 weeks now, was passed by Parliament recently. This is expected to benefit around 1.8 million women workers. The law will apply to all establishments employing 10 or more people
News
Industrial News India
Industrial News India (Industry News) keeps the members of the Peenya Industrial Association, as well as the industries in and around Peenya, about industry-related and financial policies of the Karnataka government as well as the central government in New Delhi. The Industrial News ( industry news) covers industrial policies that the Ministry of Micro Small and Medium Enterprises, and the Ministry of Finance put forth.
Industrial News India (industry news) will also include news that includes official statements by the finance minister of the Karnataka government and MSME minister in the central government, which would either benefit or negatively affect the small and medium industries, including those in and around Peenya.
Industrial News India (industry news) also includes opinions by the heads of industrial associations within Karnataka or from other states or at the all-India level about policies of the government that usually affects businesses.
Industrial News India (industry news) also includes news about major public sector units such as BEL, ISRO seeking collaboration for manufacture of certain components for their projects. This kind of news would be an opportunity for industries including those in and around Peenya to express interest in bidding for collaboration.
State Budget is “Perfect” for MSMEs: PIA President
[vc_row][vc_column][vc_column_text] FOR PIA NEWS MAGAZINE KUDOS TO CHIEF MINISTER State Budget is “Perfect” for MSMEs: PIA President “Hon'ble Chief Minister Sri Siddaramaiah has delivered a perfect Budget for 2017-18 for Micro and Small Enterprises, declared Sri R. Krishnamurthy, President, PIA. This Budget will be remembered for a very long time by Micro & Small Scale
PIA Report Page2
[vc_row][vc_column width="3/4" offset="vc_col-lg-8" css=".vc_custom_1489228585336{margin-top: 30px !important;}"][vc_column_text] 10.03.2017 Meeting with Apollo Hospital Sheshadripuram ,Manager -Health Care Services Sri. Bharat N Lokhande & Sri. HariKrishna,met Sri Krishnamurthy -President and office bearers to conduct health camp on 16th March 2017,the type of diagnosis will be Blood Test, BP,ECG,ECO Test, dental will be conducted at PIA [/vc_column_text][/vc_column][vc_column width="1/4" offset="vc_col-lg-4"][vc_single_image image="1807" img_size="large"
Tyre industry anticipates muted growth, while rising rubber prices affect MSMEs
[vc_row][vc_column][vc_column_text] The Tyre manufacturing industry, which also comprises of micro, small and medium enterprises (MSMEs) who supply raw materials to them, has anticipated subdued growth in the wake of falling demand, increased raw material cost, demonetization etc. According to Automotive Tyre Manufacturers' Association (ATMA) the results shall be seen in the third
One-time Opportunity for Employers to Register under ESI Act
[vc_row][vc_column][vc_column_text] The ESIC has come out with a one-time drive for extending social security benefits to all-eligible employers under the ESI Act, 1948, who have till now kept out of ESI coverage. The Employers including establishments/ factories can register themselves under the Act between December 20, 2016 and March 31, 2017. Under the
Newly Designed PAN Card
[vc_row][vc_column][vc_column_text] The Income Tax Department has prescribed certain changes in the existing design of the PAN Card. Accordingly, with effect from Jan 1, 2017, PAN Cards are being printed as per the new design specification. This has been notified to all TIN-FCs and PAN Centres by NSDL e-Governance Infrastructure Ltd, PAN
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
GST Updates: for our Members
[vc_row][vc_column][vc_column_text] PIA would like to draw the attention of its Members to the following: * PIA has set up a Helpdesk on Migration to GST in association with Commercial Taxes Department, GOK for the benefit of Members. A Seminar was also conducted on Migration of Central Excise Assesses (Service Tax) to GST
Bengaluru is World’s Most Dynamic City
[vc_row][vc_column][vc_column_text] Every time Bengaluru adds to its reputation, industries in Peenya Industrial Area feel proud because they have a major stake in it. After winning many encomiums such as India's Silicon City, Knowledge City, Aviation City, Start-up City, and Innovation City, Bengaluru has now been ranked as the most dynamic city
Women allowed to Work in Night Shift in Manufacturing Sector too
[vc_row][vc_column][vc_column_text] In a major initiative to provide equal opportunities for women in all sectors, the Karnataka Government has removed restrictions on allowing women to work in night shifts in all sectors. Currently, women are allowed to be employed in night shifts only in IT and ITES sectors. The Shops and Commercial Establishments