Month: December 2018

Categories
monthly Compliance Calendar

Due Dates Calendar January 2019

Statutory compliances dues date calendar for January 2019. Below are list of last dates Act wise:

Date (by when)Applicable ActDetails of Compliance
07th JANTDS Deposit Last DateIncome Tax Deduction On Salary
10th JANProfessional TaxAndhra Pradesh (Hyderabad) [Monthly]
10th JANProfessional TaxMadhya  Pradesh  (Indore) (Monthly Salary)
15th JANESCIMonthly Deposit Esic Contribution
15th JANProvident FundMonthly Deposit Pf Contribution
15th JANFactories ActYearly Return Ending 31St Dec
15th JANFactories ActHalf Yearly Return Ending 31St Dec
15th JANProfessional TaxGujarat (Ahmedabad)   [Monthly]
15th JANLabor Welfare FundGujarat
15th JANLabor Welfare FundKarnataka
15th JANLabor Welfare FundKerala
15th JANLabor Welfare FundMaharashtra
15th JANLabor Welfare FundNew Delhi
15th JANLabor Welfare FundWest Bengal
20th JANProfessional TaxKarnataka (Bangalore) [Monthly]
21st JANProfessional TaxWest Bengal (Kolkata) [Monthly]
30th JANEmployment ExchangeQuarterly Return For Quarter Ending 31St Dec
30th JANContract Labour (R & A) ActHalf Yearly Return By The Contractor Ending 31St Dec
31st JANEsicAnnual Information About Factory/Establishment Covered
31st JANS&E Annual Return In BangaloreYearly Return Ending 31St Dec
31st JANS&E Annual Return In ChennaiYearly Return Ending 31St Dec
31st JANS&E Half Yearly Return In ChennaiHalf Yearly Return Ending 31St Dec
31st JANTamil Nadu Industrial Establishment ActYearly Return Ending 31St Dec
31st JANThe Sexual Harassment Of Women At WorkplaceAnnual Return Ending 31St Dec
31st JANProfessional TaxMaharashtra  (Mumbai) [Monthly]
31st JANProfessional TaxOrissa  (Monthly)
31st JANProfessional TaxGuwahati (Assam) (Monthly)
31st JANLabor Welfare FundAndhra Pradesh
31st JANLabor Welfare FundTelangana
31st JANLabor Welfare FundChhattisgarh
31st JANLabor Welfare FundGoa
31st JANLabor Welfare FundMadhya Pradesh
31st JANLabor Welfare FundTamil Nadu
31th JAN3rd Qtr Form TDS ReturnIncome Tax Salary Return

Categories
LWF Orissa

Labour Welfare Fund applicable Odissa

The LWF is applicable for Orissa. Please find the LWF applicability clause & Gazette. And deduct the LWF accordingly in future.

click here to download notification

StateOdisha
Applicablity of the LWF Act Any Employer/Establishment employing twenty or more employees/persons
Category of Employees to be coveredAll employees except those working in the managerial or supervisory capacity and who is employed as an apprentice or on part-time basis
Applicability Contract Labours? YES
Contribution period (month)June & December
Periodicity30th June

31st December
Lost Day for submission15th July

15th January
Employee Contribution20
Employer Contribution40
Total Contribution60
Form to be filled in for paymentFORM F

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Categories
Maternity Act

Creche facility under Maternity Benefit Act

Creche facility in MBA Maternity benefit Act, 2017, a clarification on the terms and conditions as applicable has been issued. The summary for the guidelines issued for setting up and running creche is attached letter.

This would now bring ease to implement the facility of creche in all the organisations and would be of great help to adhere with the compliances under the Maternity benefit Act.

Summary_Creche_Guidelines_Nov_2018Download
Categories
80C Deductions India Payroll

NSC Interest Calculator – National Savings Certificate Calculator in Excel for 2018-19

Download NSC Interest Calculator in Excel for deduction under section 80C of Income Tax Act, 1961. Interest earned on NSC purchased of last 5 years is taxable in hand of assesses and it laso deductable under section 80C up to limit of section ( currently 80 max. limit is 150000). Click here to download NSC Calculator in Excel.

 

What is NSC:

National Savings Certificate is a popular mode of small savings investment in India. The NSC rate of interest has been fixed by the government. The NSC (National Saving Certificate) Calculator allows you to calculate the return on your investment when saving using the National Savings Certificate Scheme.

 

NSC Restrictions

The National Saving Certificate Scheme (NSC) is an excellent investment opportunity but there are some restrictions you should be aware of.

  1. The National Saving Certificate (NSC) scheme has a minimum investment threshold of ₹100.00
  2. National Saving Certificates are issued at a minimum of ₹100.00 certificates though you can also purchase ₹500.00, ₹1,000.00, ₹5,000.00, ₹10,000.00 denomination certificates.
  3. There is no limit on the number of National Saving Certificates that you can buy.

 

Type of NSC Certificates

There are 3 different types of National Savings Certificate

  1. Single holder Type Certificate: Issued to an individual (the holder) or to an individual on behalf of a minor.
  2. Joint A type Certificate: Issued jointly to two adults. On maturity, the NSC is paid to both of the joint holders
  3. Joint B type Certificate: Issued jointly to two adults in the same way as Joint A type NSC (see above) withe the difference that on maturity, the NSC is paid to one (either one) of the joint holders.