HR Compliance Insights India

The Finance Ministry has asked the Employees’ Provident Fund Organisation (EPFO) to stop all premature withdrawals and adhere to the “one instrument-one policy objective” principle. Though the EPF is meant for old-age income security, subscribers are currently allowed liberal advances and withdrawals for a variety of needs such as illness, education, house-building, marriage and education. “The distortion created by not adhering to the stated principle is that most of the employees, say 75 per cent, of the EPF retire with as little as less than Rs 35,000 in their accounts,” wrote R Gopalan, Secretary, Department of Financial Services, Ministry of Finance, to his Labour Ministry counterpart, Prabhat Chaturvedi on December 10. In fact, Gopalan has suggested that subscribers must take medical insurance to take care of their medical needs, home loans for house-building and educational loans for meeting educational expenses.

Form- 2 : Join the provident fund, Form-5 : This form fill by employer only. join the new staff of pf(monthly report) Form-10 : Resigned staff details (monthly report) Form-12A : Different A/c heads with no.of employees contribution form-19 : PF-employee contribution with drawl form-10C : PF employer contribution and whoever is not cover with 10 year service form-10D : PF employer contribution and whoever is cover with 10 year service/58 years service.(Pension fund). Form-3A : Employee contribution details Form-6A : Employees consolidated contribution list

  360 Appraisals Format   Name of the Organisation                                Period of Appraisal: From    To: Name of the Employee                        Empl.Code No.            Department/Section: I. First Level Appraisal      (Self Appraisal) (To be completed by employee concerned) Role Model:   How far you are a Role Model to your Sub-ordinates? (Speak the Truth) Punctuality                                        ...

First of all clarify, are you asking from employer point of view or emp[loyee point of view. Some basic requirement are as follows The company must have more than 20 employees and registration with ESIC thereafter. The employees gross salary should not ecxeed 15000 permonth After joining a firm, the employees need to fill adeclaration form and give family photograph and submit to the employer. The forms are then signed and stamped by company and sent to ESI office through concerned person or consultant. The temporary card is given within a weeks time by esic office to concerned person or consultant. The permanent card is sent to your address mentioned in the declaration form along with the ESI stamp on the photograph provided by you. This permanent card is one time and can be used with every / any emploer throu transfer of employer. The permanent card is invalid without form 37 which is given by employer evry six months i.e octoer and april, this card states that you are working with...

The Workmen's Compensation Act, 1923, has been amended by Act 45 of 2009, whereby the name has been changed from Workmen's Compensation Act, 1923 to Employee's Compensation Act, 1923. The salient feature of the amendment is the Omission of Schedule II of the Act, where the class of workman covered is omitted, and hence the Act becomes applicable for all employees irrespective of the nature of work done and the no. of employees engaged by an Industry / establishment. The Major Changes are as under: S No Provision prior to amendment Provision after amendment 1 Name of the Act – Workmen’s Compensation Act, 1923 Name of the Act – Employee’s Compensation Act, 1923 2 Definition – ‘Workman’ omitted Definition – ‘Employee’ inserted. But no change in the content of definition 3 Death compensation – Maximum Rs.80,000/- Death compensation – Maximum Rs.1,20,000/- 4 Permanent total disablement compensation – Maximum Rs.90,000/- Permanent total disablement compensation – Maximum Rs.1,40...