MULTIPLE UNIT ESTABLISHMENTS - LOCAL MAPPING IN PROVIDENT FUND IS MANDATORY

Provident Fund Department in its earlier circular stated that the field offices shall not allot code numbers and insist for local compliance in respect of the units/branches of the already covered establishments. However, there was no bar to the allotment of code number for the local unit/branch in case of a request by the establishment for their administrative convenience.

Based on the above directions issued by the Department, many establishments having employees working at different locations and branches were depositing PF dues of all the workers under a single PF code number. However, there were demands by the local PF officials to give a facility for field offices to monitor compliance in their inspection area or information driven scrutiny of compliance.

Considering the gap in compliances, Provident Fund Department has developed a facility for all such employers to furnish their location-wise employees' particulars.

PROCEDURE:

Ø Now, an employer can declare for each employee the period for which the employee has worked at a particular branch/location by utilizing the facility provided for this purpose in the employer's portal at a unified portal.

Ø The employer should use his login to add all the branches/locations of the establishment in the Form SA.

Ø The period of posting of employees at various branches/locations can be declared by the employer by using the "Member Location Mapping" option under the “Establishment" tab in the employer's portal. This can be done either by entering data on the screen one by one or in bulk by uploading a file. The employers may be informed about this facility and advised to use it.

CONCLUSION:

It is mandatory on the part of all such multiple location establishments to fill the details of location-wise employees which will enable the concerned offices to view the location of the employees in the ECR through field office interface of a unified portal.

For detailed analysis or specific queries, please write to us at:

Compliance Chambers

Advisory & Consulting

Off Address: F-2/151, Sector 11, Rohini, New Delhi | Pin Code 110085, Nearest Landmark: Fitness Centre Gym |

Mobile: +91 88007 22330, +91 9310048341

Email us at: compliance.chambers@gmail.com

Visit us at: https://compliancechambers.blogspot.in/

Compiled & Edited by:

Gaurav Gupta & Komal Garg

Management Trainee

Comments

BLUETOOTH SIG MEMBERSHIP

The Bluetooth Special Interest Group (SIG) is a network of member organizations that are the caretakers and innovators of Bluetooth® technology. As a Bluetooth SIG member, your organization will join a community that helps you grow your business and shape the future of Bluetooth technology. OBJECTIVE OF BLUETOOTH SIG The primary purpose of the Bluetooth SIG is to support members to make sure that all Bluetooth products are qualified properly and that they comply with the Bluetooth license agreements. The Bluetooth compliance program consists of two steps, which Bluetooth SIG members have to complete – the qualification and the declaration process. WHEN DO I NEED TO BECOME A BLUETOOTH SIG MEMBER? A. Any company incorporating Bluetooth wireless technology into products, using the technology to offer goods and services or simply re-branding a product with Bluetooth technology wants to use word or symbol of ‘Bluetooth’ on their products must become a member

SIGNIFICANT BENEFICIAL OWNER - THE COMPANIES ACT PERSPECTIVE

A s per Section 469 of the Companies Act, 2013 (‘Act’) Central Government has the power to make rules for carrying out the provisions of this act. With the power of Section 469 of the Act, the CG has made Companies (Significant Beneficial Owners) Rules, 2018 for carrying out the provisions of Section 90 of the Companies Act, 2013 which is amended in Companies (Amendment) Act, 2017 under section 22. A s per section 90 , of the Act, every individual , who acting alone or together, or through one or more persons or trust, including a trust and persons resident outside India, holds beneficial interests, of not less than twenty-five per cent. or such other percentage as may be prescribed, in shares ( shares includes GDR, compulsory convertible preference shares or compulsory convertible debentures) of a company or the right to exercise, or the actual exercising of significant influence or control as defined in clause (27) of section 2 of the Act. Also as per section 2(6) ,

GRIHA - GREEN RATING FOR INTEGRATED HABITAT ASSESSMENT

Buildings have an impact on the environment in numerous ways as in it consumes resources like land, soil, trees, plastics, metals, water, electricity and also produces waste like site waste, construction waste, chemical waste etc. and because of this mess created by the buildings the cities have become a home of epidemic and causing various problems in the habitat of the general people living in those buildings as well as around them. Hence, the Ministry of New and Renewable Energy is promoting construction of green buildings through GRIHA, a green rating system in the Country. Green buildings are those buildings which optimises the use of resources in such a way that it does not harm the environment. In Indian context it refers to compliance of the National Building Code, use of resources and products which are IS certified and generates optimum waste as per Central Control Pollution Board and Ministry of Environment rules and regulations. WHAT IS GRIHA? GRIHA is India’s

Compliance Chambers

Search This Blog