Payroll and Compliance - The Monthly Chronicle
In July 2017 EPFO has released a circular informing all about the revised composite application form Certificate of Coverage (COC) in respect of Indian Worker (having Indian Passport) going to work in a country with which India is having Social Security Agreement was issued. Keeping the above circular in mind, EPFO department has released a new application software for online generation of Certificate of Coverage (COC) . After the launch of the online system for the generation of COC, the requirement and process for physical application for COC will stand discontinued. All employees thereby are advised to utilize the online system only. Note: The User IDs and passwords to use the new application software shall remain the same as earlier user IDs and passwords issued by IS Division. Any issues regarding User ID/password may please be addressed to Shri. Dinesh Dharni, Deputy Director (IS) at firstname.lastname@example.org.
The new bill will ensure a standard minimum wage across all sectors by integrating four labour-related laws. The bill seeks to empower the Centre to set a minimum wage across all sectors, and states will need to maintain that. States, however, will be able to provide higher minimum wage in their jurisdiction than that fixed by the Centre, since labour is in the concurrent list.
This proposed legislation is expected to benefit over four crore employees across the country.
|Due date||Nature of transaction||Existing rules||Mode|
|10th September 17||Andhra Pradesh & Madhya Pradesh||State-wise regulations||By Challan|
|15thSeptember 17||Gujarat||Gujarat PT regulations||By Challan|
|20th September 17||Karnataka||Karnataka PT regulations||By Challan & Online|
|21st September 17||West Bengal||West Bengal PT regulations||By Challan|
|30thSeptember 17||Assam & Orissa||State-wise regulations||By Challan|
|30th September 17||Maharashtra||Maharashtra PT regulations||Online|
|15th September 17||Remittance of Contribution||EPF & MP Act, 1952||Online|
|15thSeptember 17||Remittance of Contribution (Main code and Sub codes)||ESIC Act, 1948||Online|
|7th September 17||TDS Payment||Income Tax Act, 1961||Online|
|Labour Welfare Fund Remittances|
|5thSeptember||Kerala (Labour Welfare Fund Act)||Kerala State Labour Welfare Fund||Offline|
Sources: Government Notifications, Circulars, Press releases.
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