Apr 102024
 

 

Presenting the upcoming TDS Rate Chart for AY 2025–26, FY 2024–25!

This TDS Rate Chart will help you understand the applicable TDS rate and provide a quick reference guide for Employers, Deductors and many more!

To view the entire TDS rate chart, click the link below:

 

TDS Rate Chart: Assessment Year: 2025-2026 Financial Year: 2024-2025 👈 DOWNLOAD


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Apr 082024
 

Introduction: Gujarat, one of India’s industrially progressive states, recently announced revisions to its minimum wage rates, effective from April 1st, 2024, to September 30th, 2024. These revisions play a crucial role in safeguarding the rights and livelihoods of workers across various sectors.

Key Changes and Impact: The revised minimum wage rates aim to address the rising cost of living and ensure fair compensation for workers. The changes encompass different categories of workers, including skilled, semi-skilled, and unskilled laborers, across various industries such as manufacturing, agriculture, construction, and more.

Sector-wise Updates:

1. Manufacturing Sector:

  • The minimum wage rates for workers in the manufacturing sector have been revised to reflect the prevailing economic conditions and inflationary pressures.
  • These revisions aim to provide adequate remuneration to workers while maintaining the competitiveness of the industry.

2. Agricultural Sector:

  • Farm laborers play a pivotal role in Gujarat’s agriculture-driven economy.
  • The revised minimum wages in this sector aim to address the challenges faced by agricultural workers and ensure their economic well-being.

3. Construction Sector:

  • The construction industry, a significant contributor to Gujarat’s economic growth, relies heavily on skilled and unskilled labor.
  • The minimum wage revisions in this sector aim to strike a balance between fair compensation for workers and the industry’s sustainability.

Government Initiatives and Stakeholder Engagement: The Gujarat government’s commitment to ensuring fair wages is evident through regular revisions and consultations with relevant stakeholders. These initiatives foster a conducive environment for both workers and employers, promoting social justice and economic growth.

Challenges and Future Outlook: Despite efforts to revise minimum wage rates, challenges such as enforcement, compliance, and inflationary pressures persist. Addressing these challenges requires a collaborative approach involving the government, employers, trade unions, and civil society.

Conclusion: The recent revisions to Gujarat’s minimum wage rates for April-September 2024 underscore the government’s commitment to promoting social justice and inclusive growth. By ensuring fair compensation for workers, Gujarat aims to create a conducive environment for sustainable development and economic prosperity.

Gujarat Minimum Wages 1st Apr 2024 to 30th Sept 2024 in English  👈 DOWNLOAD

Gujarat Minimum Wages 1st Apr 2024 to 30th Sept 2024 in Gujarati 👈 DOWNLOAD

 

Courtesy by: PCS Consultancy


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Mar 262024
 

State Government Directive regarding Payment of Compensation to Voters for their Participation in Lok Sabha General Elections 2024.

Reference:

  1. Election Commission of India letter No. ECI/PN/23/2024 dated March 16, 2024.
  2. Election Commission of India letter No. 78/EPS/2024 dated March 16, 2024.

Government Directive:

In accordance with the democratic principles of our country, it has been decided to provide compensation for the active participation of voters in every Lok Sabha constituency. Taking cognizance of this, Section 135 (b) of the Representation of the People Act, 1951, mandates the provision of compensation to voters for exercising their voting rights. However, it has been observed in some past elections that certain organizations or establishments have imposed restrictions on providing compensation. Consequently, voters are discouraged from exercising their voting rights, which is detrimental to democracy.

The Lok Sabha General Elections 2024 are scheduled to take place as per the directives of the Election Commission of India, issued on March 16, 2024. Voting will occur on April 19, 2024, April 26, 2024, May 7, 2024, May 13, 2024, and May 20, 2024, across various constituencies.

 

Based on the orders issued by the Election Commission, it is mandated that:

  • Compensation for voting shall be provided to workers/laborers/daily wage earners who are registered voters, even if they are engaged in their regular work during the election period.
  • All industries, trade unions, companies, and organizations, including affiliated entities, are obligated to participate in providing compensation.
  • In exceptional circumstances such as illness or emergency, if it is not feasible for workers to vote, they shall be compensated with reduced hours of work. However, efforts should be made to facilitate their voting before or after their duties.
  • As per the directions of the authorities, all industry sectors, including unions and associations, must ensure compliance. Any complaints regarding non-receipt or inadequate compensation should be promptly addressed.

This directive is being issued in conjunction with the Election Commission’s aforementioned communications dated March 16, 2024.

 

Voting Date Lok Sabha Constituency Name
April 19, 2024 9-Amravati, 10-Nagpur, 11-Bhandara-Gondiya, 12-Gadchiroli-Chimur, 13-Chandrapur
April 26, 2024 5-Buldhana, 6-Akola, 7-Amravati, 8-Yavatmal-Washim, 14-Yeotmal-Vardha, 15-Hingoli, 16- Nanded, 17-Parbhani
May 7, 2024 32-Igatpuri, 35-Baramati, 40-Osmanabad, 41-Latur, 42-Solapur, 43-Madh, 44-Sangli, 45-Satara, 46-Karad, 47-Kolhapur, 48-Ratnagiri-Sindhudurg
May 13, 2024 1-Nandurbar, 3-Jalgaon, 4-Raver, 18-Jalna, 19-Aurangabad, 33-Maval, 34-Pune, 36-Raigad, 37- Ahmednagar, 38-Shirdi, 39-Beed
May 20, 2024 2-Dhule, 20-Kalyan, 21-Nashik, 22-Palghar, 23-Bhiwandi, 24-Thane, 25-Mumbai North, 26- Mumbai North-West, 27-Mumbai North-East, 28-Mumbai North-Central, 29-Mumbai South, 30- Mumbai South-Central, 31-Mumbai South-West

Please note: Each voting date corresponds to multiple Lok Sabha Constituencies as listed in the table.

 

Maharashtra General Election-2024 Paid Holiday Circular.  👈 DOWNLOAD

 

Courtesy by: PCS Consultancy


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Mar 152024
 

GUJARAT SHOPS AND ESTABLISHMENTS (REGULATION OF EMPLOYMENT AND CONDITIONS OF SERVICE) ACT, 2019.:

  • Act: The notification is issued under the Gujarat Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2019 (Guj. 4 of 2019).
  • Subject: Exemption from certain provisions for specific types of establishments.
  • Effective Period: The exemption is valid for a period of two years from the date of the notification’s issuance.

Specific Exemptions:

  • Sections Exempted: Sections 12 and 14 of the Gujarat Shops and Establishments Act are exempted.
  • Applicable Establishments: The exemption applies to establishments involved in IT-related services, IT-enabled services, and financial services.

Details of Exemption:

Section 12: Fixing of hours of work

  1. No worker shall work for more than nine hours in any day and forty-eight hours in a week.
  2. Continuous work for more than five hours requires a break of not less than half an hour.
  3. Working hours or weekly holiday may be relaxed with the Inspector’s previous permission in cases of urgent work.

Section 14: Spread over of hours of work

The spread-over of a worker in any shop or establishment shall not exceed ten and a half hours in any day. For workers engaged in intermittent or urgent work, the spread-over shall not exceed twelve hours.

Purpose of Exemption:
The exemption is likely aimed at providing regulatory relief or flexibility to IT-related services, IT-enabled services, and financial services establishments. These sectors often have unique operational requirements and may not align perfectly with the standard provisions of the Shops and Establishments Act.

Administrative Authority:
The notification is issued from the Sachivalaya, Gandhinagar, indicating that it comes from the administrative headquarters of the Gujarat state government.

Issuing Authority:
The notification is signed by Gagubha Raj, Deputy Secretary to Government, indicating that it is issued on behalf of the Governor of Gujarat.

Implications:

  • Compliance: Establishments falling under the specified sectors must ensure compliance with other provisions of the Gujarat Shops and Establishments Act, apart from sections 12 and 14.
  • Duration: The exemption is valid for two years from the date of notification, after which the provisions of sections 12 and 14 will become applicable unless extended or revised through further notifications.

This detailed analysis helps to understand the specifics and implications of the notification issued by the Gujarat Government regarding exemptions for certain types of establishments under the Gujarat Shops and Establishments Act.

Gujarat Shop Act Amendment 2024 👈 DOWNLOAD

SECTION 12-14 👈 DOWNLOAD

 

 

Courtesy by: PCS Consultancy


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Nov 292023
 

An official government notification (G.S.R. 831(E)) outlining an amendment to the Public Provident Fund (PPF) Scheme, 2019. Let’s break down the key points:

Legal Authority:

The changes are made under the authority granted by section 3A of the Government Savings Promotion Act, 1873 (Act number 5 of 1873).

Specific Amendment:

The focus of the amendment is on paragraph 13 of the Public Provident Fund Scheme, 2019.The
change occurs in the second proviso of paragraph 13. The words “or the date of extension of the account” are being replaced with “or from the date of commencement of the current block period of five years.”

The Central Government is introducing a scheme to further amend the existing Public Provident Fund Scheme, 2019. The amended scheme is named the “Public Provident Fund (Amendment) Scheme, 2023.”

Effective Date:

The amendment comes into force on the date it is officially published in the Official Gazette.

Simplified Summary:

The government, utilizing its authority under the Government Savings Promotion Act of 1873, has introduced an amendment to the Public Provident Fund Scheme, 2019. This amendment is part of the “Public Provident Fund (Amendment) Scheme, 2023,” effective from the date of its official publication in the Official Gazette.

The specific change involves adjusting the language in paragraph 13 of the PPF Scheme, particularly in the second proviso. Instead of referring to the date of extending the account, the amendment now considers the date of commencement of the current block period of five years. This change is designed to provide more clarity in the rules governing the extension of PPF accounts.

 

 

DOWNLOAD: 27866_Public-Provident-Fund-Amendment-Scheme-2023_November102023


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Sep 272023
 

 

The Labour dept of Punjab has amended certain rules of the Factory Act 1948, and section 65 subsection (3) and clause (IV) have been amended pls refer to the said notification

 

Punjabi Factory Act Amendment: DOWNLOAD

COURTESY BY: PCS CONSULTANCY


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Mar 272023
 

Karnataka Government has amended the Minimum Wages for various schedules for the period 1st Apr 2023 to 31st Mar 2024.

Shops-Commercial-Establishments = DOWNLOAD

Security-Agency = DOWNLOAD

Hotels = DOWNLOAD

 


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Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Tel.: 022-6820 6100| Call: 09769468105 / 09867307971
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