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STRICTLYSTATUTES ANewsletterfromADPIndia SEPTEMBER 2013 TABLEOF CONTENTS EDITOR’SNOTE Pages 02 HelloReaders, The month of August 2013 saw some interesting developmentsintheEPF andGratuity space. CompliancecalendarforAug13(Timelinefor Sep 13)… The EPFOis lately becoming tougher with defaulting employersfornotremittingthePFcontribution.Aspartofthis recent development, the EPFOsofficial website listed the namesof topdefaultingemployers,inaneffortto warnthem and has asked the exempted EPFtruststosend their pendingincometax proposalsbyNovember. AninsightintoPFTrustspendingapproval… 03 Certificateof Coverage (COC)to beissuedby Regional/ Sub-regionalPFOffices… 04 We appreciate these moves by the EPFO,as it is in the positivedirectionofensuringthattheemployersdonotcheat theiremployeesoftheirbenefits.Also,publishingthelistisa good move thatwill help tocreate awareness among the employeesandgeneralpublicanddissuadetheemployers from futuredefaults. Employer’s ShareofEPFContributioncanbe reducedto Rs. 6500/… 05 Intwo separate judgements, our High Courts have re-affirmedtherightsofemployeeswithregardtoGratuitysettlement, directing the employers toinclude travelling allowanceforcalculationofGratuityandpaytheemployee withinterestforthedelayedsettlement.Thesebenchmark judgments we hope would now help toclear a lot oflong pending petitions and ensure justice, tomany petitioners, acrossthecountry. Delayedpaymentof Gratuity willattract Interest... 05 TravellingAllowanceis Includedfor calculationof Gratuity… 06 Thisissuecoversthesedevelopmentsindetail,alongwith other interesting information in the statutorycompliance space. We hope you enjoy reading this issue and find it useful. Please do share your inputs /suggestions and help us toenrich the newsletter content. You may write tous atcontactadp@adp.com Regards, Editor
Page 02 STRICTLYSTATUTES ANewsletterfromADPIndia Compliance Calendarfor September2013 ProfessionalTaxRemittances Maharashtra,Assam& Orissa State Wiseregulations By Challan 30thAug13 LabourWelfareFund Remittances PF ESI