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Steps to Withdraw Advance Provident Fund Claim (Only for Covid-19 Pandemic Period)

May 4, 2020 1551 Views 0 comment Print

Due to the lock down amidst Covid-19 Coronavirus Pandemic, Government of India has allowed the employees covered under the Employees Provident Fund Act to withdraw their Provident Fund accumulations as advance withdrawals. The employees in service to withdraw 75% of accumulated balance or 3 months of salary (Basic +DA) or the claim amount whichever is […]

Steps to approve employees provident fund member KYC by employer

May 4, 2020 293664 Views 166 comments Print

It is the responsibility of every employers of establishments covered under the Employees Provident Fund Act to ensure updation of KYC details by the employees covered under the Employees Provident Fund Act. Every employee covered under the Employees Provident Fund Act has to update their personal KYC details from their respective Provident Fund Accounts i.e […]

Nidhi Company with Amended Nidhi Rules

April 29, 2020 52263 Views 3 comments Print

NIDHI COMPANY Nidhi Company under Companies Act 2013 is governed under section 406 of the Companies Act 2013. The first Rules for Nidhi Company came into effect from 1st Day of April 2014, vide notification dated 31st March 2014, hence called as Nidhi Company Rules 2014. The said rules are applicable to (RULE 2 OF […]

Employees Provident Fund & Miscellaneous Provisions Act 1952- Analysis

April 18, 2020 39354 Views 5 comments Print

Provident fund & miscellaneous provisions act 1952 This article gives you basic information and practical aspects of the Act. This article will help to solve majority of the minor doubts which arise while complying under the Act. Labour Laws of India refers to laws regulating labour in India. The Constitution of India gives us series […]

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