Categories
Provident Fund (PF)

Online Correction of Name/Date of Birth/Gender in Provident Fund Record

Dear All

 

We would like to bring your attention to Circular number NDC/2017/UAN/Pt./2741 dated 21st November 2017 (as attached) wherein EPFO has provided an Online facility for correction in the Member record w.r.t Name/Date of Birth and Gender as per Aadhar records. Earlier for all these correction employee and employer has to fill up Joint declaration manually

 

As per the new procedure a Member has to follow the following steps

 

  1. Login into Member UAN Portal through his UAN and Password (https://unifiedportal-mem.epfindia.gov.in/memberinterface/)
  2. Click on Manage>Modify Basis Details
  3. Provide all three details as being provided in Aadhar Card w.r.t Name/Date of Birth and Gender and the select employer from drop down you wish to approve the details
  4. Click Update details
  5. Request will be submitted to the employer for approvals
  6. Once approved by the employer than same shall be approved by Office of EPFO

 

Please note that System will verify the details entered with UIDAI-Aadhar Data so please ensure that correct information as per Aadhar Card is being feeded in the system

Categories
Human Resource (HR) India Payroll Payroll

Net in hand salary calculator automatic in excel

Dear All,

Enclosed here automatic take home salary calculator in Excel. This is includes automatic salary structure marking and other below features:-

  1. Automatic cost to Company Calculator
  2. Automatic PF Contribution
  3. Automatic ESI Contribution
  4. Automatic income Tax Computation
  5. Automatic Wages matching
  6. Automatic professional tax (PTAX) and Labour Welfare Fund LWF calculator

If you have any query please write to us at : akumar@iptm.org.in or Call us +91 9654421288

Download From below link

Net in hand automatic salary calculator in excel

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Categories
Provident Fund (PF)

UMANG Mobile App for Employee by Gov. of India

Hi All Employee,

 

We would like to bring to your kind attention that Mobile Application UMANG (Unified Mobile Application for New-age Governance)  has been launched by Government of India.

 

It is developed by Ministry of Electronics and Information Technology (MeitY) and National e-Governance Division (NeGD) to drive Mobile Governance in India

UMANG provides a single platform for all Indian Citizens to access pan India e-Gov services ranging from Central to Local Government bodies and other citizen centric services.

 

UMANG provides seamless integration with popular customer centric services like Aadhaar and Digilocker.

UMANG intends to provide major services offered by Central and State Government departments, Local bodies and other utility services from private organizations. It provides a unified approach where citizens can install one application to avail multiple government services.

UMANG service has been made available on multiple channels like mobile application, web, IVR and SMS which can be accessed through smartphones, feature phones, tablets and desktops. UMANG  has been created with a thought to add convenience to your lifestyle. UMANG will revolutionize the way how an Indian citizen avails government services today, because it leverages the current accelerated internet and smartphone penetration in our country.

 

UMANG app is available for download on Google Play (Andriod), App Store (IOS), Window Store (Windows)

 

EPFO mobile application, service offered Employees Provident Fund Organization is also available in UMANG.

 

Presently Employee can avail the following services through app available in UMANG. More and more services will be added to the application

 

Precondition to avail this facility is registration of UAN at EPFO Portal and linking of Mobile number to UAN to get the OTP

 

  1. View Passbook.
  2. Raise Claim for withdrawal of Pension, PF Settlement, PF part (Loan) withdrawal. (Facility can be availed subject to KYC is complete for employee which is linking of Aadhar, PAN and updated Bank details. Certain other conditions, as being stipulated while employee start doing a transaction, subject to nature of transaction being initiated.
  3. Track Claim filed through UMANG App

 

We may please request all stakeholders to disseminate this information to all employees in the organization enabling them to use this facility and get some of real time information

 

Below is the link provide to access UMANG

 

https://web.umang.gov.in/web/#/

Categories
Min Wages

Latest Minimum Wages Rates as on 31-07-2017

State Name Unskilled Semi-skilled Skilled High Skilled UPDATE WEF
Arunachal Pradesh 2700 2850 3000 3000 22-Jun-17 Feb-09
Andaman & Nicobar 9270 9660 10830 11580 22-Jun-17 Jan-17
Andhra Pradesh 8071 8473 8891 10968 22-Jun-17 Apr-17
Assam 7500 8700 11100 13800 22-Jun-17 Jan-16
Bihar 7110 7410 9030 11010 22-Jun-17 Apr-17
Chhattisgarh 10500 11250 12150 12150 22-Jun-17 Apr-17
Chandigarh 10230 10530 11010 11490 22-Jun-17 Apr-17
Goa 9210 11040 12690 13950 22-Jun-17 May-16
Gujrat 8928 9168 9408 9408 22-Jun-17 Apr-17
Haryana 9540 10530 11610 12180 22-Jun-17 Jan-17
Himachal Pradesh 6000 6137 7320 7710 22-Jun-17 Jul-16
Jammu & Kashmir 4563 5323 6750 6750 22-Jun-17 Jan-13
Jharkhand 5978 6263 8255 9535 29-Jun-17 01-Apr-16
Karnataka 8010 8660 9310 9310 22-Jun-17 Apr-17
Kerala 8280 8490 8910 9120 22-Jun-17 Dec-16
Madhya Pradesh 7125 8435 9735 10660 22-Jun-17 Apr-17
Maharashtra 8256 8656 9056 9056 22-Jun-17 Jan-17
Manipur 3416 3953 4033 4033
Meghalaya 5520 5880 6210 6870 22-Jun-17 Oct-16
Mizoram 6692 7604 9429 9429
Nagaland 2433 2738 3042 3042
Delhi 13584 14958 16468 16468 22-Jun-17 Mar-17
ORISSA 6083 6692 6760 6760 22-Jun-17 May-15
Puducherry 6088 6208 6521 6521
Punjab 8745 9645 10680 11880 22-Jun-17 Feb-17
Rajasthan 5749 6053 7202 7202 22-Jun-17 Jan-17
Sikkim 6692 7361 8365 9570 22-Jun-17 Nov-14
Tamilnadu 7748 8606 8606 8606
Tripura 9000 9750 10500 10500 22-Jun-17 Oct-16
Uttar Pradesh 7400 8141 9119 9119 22-Jun-17 Apr-17
Uttaranchal 6435 6915 7395 8205
West Bengal 7488 8238 9062 9967 06-Jul-17 Jul-17
Dadra and Nagar Haveli 8040 8280 8841 8841 22-Jun-17 Oct-16
Daman and Diu 8361 8601 8841 8841 22-Jun-17 Oct-16
Lakshadweep 8790 9720 11760 11760 22-Jun-17 Jan-16
Categories
Payroll

Automated Salary Tax Calculator along + 15 other Features

Click here to Download Automated Excel Sheet to calculate cost to company (CTC), Income Tax Calculation for financial year 2017-18 along with all investment planning (Deduction U/C VI-A)  and all Major Exemptions allowed + reimbursement  in Salary.

 

This sheet will allowed to planning your tax saving, make salary structure as per your choice and know the Net in hand Automatically.

if you have any query – mail us : ssd@iptm.org.in

Thanks!!!!

Categories
India Payroll

Income Tax Excel Formulas & Calculator FY 2017-18

New Income Tax Calculator in Excel sheet for financial year 2017-18 AY 2018-19 along with Excel Formulas with marginal relief.

Download New Tax Formulas:  Income Tax Excel Formulas & Calculator FY 2017-18 -2018-19

Categories
Payroll

Merging statutory compliance in one register

In order to ease with the requirement of maintaining registers under different Acts Central Govt has introduced a new Rule with the name of “Ease of Compliance to Maintain Registers under various Labour Laws Rules, 2017”. The objective behind doing this is to cut short the maintenance of different register and merging them into a consolidated register under “Ease of Compliance to Maintain Registers under various Labour Laws Rules, 2017” . The combined register would also facilitate the Inspection and the maintenance of the same electronically with less effort.

 

The registers under the below mentioned Acts are taken into consideration to substitute the same with a new registers under this rule:-

 

(i) Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996 (27 of 1996);

(ii) Contract Labour (Regulation and Abolition) Act, 1970 (37 of 1970);

(iii) Equal Remuneration Act, 1976 (25 of 1976);

(iv) Inter-State Migrant Workmen (Regulation of Employment and Conditions of Service) Act, 1979 (30 of 1979);

(v) Mines Act, 1952 (35 of 1952)

(vi) Minimum Wages Act, 1948 (11 of 1948);

(vii) Payment of Wages Act, 1936 (4 of 1936);

(viii) Sales Promotion Employees (Conditions of Service) Act, 1976 (11 of 1976); and

(ix) Working Journalists and Other Newspaper Employees (Conditions of Service) and Miscellaneous Provisions Act, 1955 (45 of 1955);

 

The new registers that have been substituted with the old registers are mentioned below:-

 

 

Substitution of the Register
Form A Form XV (Rule 240) under Building and other construction workers
Form XIII (Rule 75)  under Contract Labour Act
Form XIII (Rule 49) under Inter State Migrant workmen Act
Form B,Form C,Form D (Rule 48(3)) under Mines Act
Form B(Rule 51),Form B(Rule 77),Form B (Rule 77 A(2)) under the Mines Act
Form B(Rule 23(a)),Form D (Rule 23 (c)) under the Sales Promotion Employees (Condition of Services)
Form D (Rule 37 (i)under the Working Journalists (condition of Services)
Form B Form XVI(Rule 240(1)(a) ),Form XXII (Rule 240 (1) (c) ) under Building and other construction workers
Form XVII(Rule 78 (a)(i) ,Form XXIII(Rule 78 (a)(iii) under Contract Labour Act
Form D (Rule 6) under the Equal Remuneration Act
Form XVIII(Rule 52(2)(a) ),Form XXII(Rule 52(2)(d) ) under Inter State Migrant workmen Act
Form I (Rule 59) under the Mines Act
Form IV (Rule 25(2)),Form X (Rule 26(1)) under the Minimum wages Act
Form V (Rule 6) under Payment of wages (Air Transport Service),
Form III(Rule 5),Form IV A (Rule 17(1)) under the Payment of wages(mines)
Form C Form XIX,XX & XXI(Rule 240(1)(b)) under Building and other construction workers
Form XX ,XXI & XXII (Rule 78(a)(ii))under Contract Labour Act
Form XIX,XX & XXI(Rule52(2)(c)) under Inter State Migrant workmen Act
Form I,II (Rule 21(4)) under the Minimum wages Act
Form II(Rule 4(2)),Form III(Rule 5),Form IX (Rule 17(3)),Form X (Rule 18(3)) under Payment of wages (Air Transport Service)
Form I(Rule 3(1)),Form II(Rule 4),Form VI(Rule 19(3) under the Payment of wages(mines)
Form I(Rule 3(1),Form II(Rule 4(1)),Form V (Rule 18(3) ) under the Payment of wages(Railways)
Form D Form XVII(Rule 240(1)(a)) under Building and other construction workers
Form XVI (Rule 78(a)(i)) under Contract Labour Act
Form XVII(Rule 52(2)(a)) under Inter State Migrant workmen Act
Form E(Rule 48 (3)),Form C,Form D,Form E (Rule 78(1)),Form C(Rule 78(2)),Form D,Form E (Rule 78(3))under the Mines Act
Form V (Rule 26(5)) under the Minimum wages Act
Form IV (Rule 6) under Payment of wages (Air Transport Service)
Form G (Rule 37(iv)) under the Working Journalists (condition of Services)
Form E Form F(Rule 49(4)) ,Form G,Form H (Rule 53) under the Mines Act
Form E (Rule 23(d)) under the Sales Promotion Employees (Condition of Services),
Form F (Rule 37(iii)) under the Working Journalists (condition of Services)
Note:- Rule 26(1a) under the Minimum wages (Central) shall be omitted
Rule 4(5) the word and figures “Part II of Form II” the words ,brackets and figures “Register referred to in sub rule (2) shall be substituted

 

Categories
Payroll Jobs

Job Opening in Payroll Professional

Notice/Advertisement for Job Opening in Payroll Professional

Job opening for payroll professional   in one of our recruitment partners At PeopleStrong a leading HR solution company.intrested candidate can send their CVs at ssd@iptm.org.in,  payrollpedia@gmail.com

Qualification: Graduate or Above                                                                 Experience: 0-1 years

Designation: APA – Payroll

Report: This position will report to QA Lead

Job Role:

  • Error-free payroll deliveries
  • Responsible for monthly SLA
  • Independently handle the process of Clients post 6 months of Date of Joining
  • Manage a minimum of 1 C1(Clients with employee strength of upto 1000) till completion of 6 months from the Date of Joining
  • Manage a minimum of 2 C1 post 6 months of Date of Joining
  • Independently handle Info queries for clients post 6 months of Date of Joining as per the defined TAT(Turn Around Time)
  • Preparation of Monthly Reports
  • Timeline adherence

CTQs

  • Basic knowledge of Excel
  • Basic knowledge of Payroll
  • Average Communication Skills
Categories
ESIC

ESIC hikes wage ceiling to Rs 21000

The Employees’ State Insurance Corporation (ESIC) today raised the monthly wage threshold to Rs 21,000, from the current Rs 15,000, for coverage under its health insurance scheme.

 

the ESIC board also decided to give an option to existing insured persons to continue membership even if their wage breaches the ceiling of Rs 21,000 per month.

 

At present, all those insured under the ESIC scheme lose their membership of ESIC as well as that of the insurance cover if their wage overshoots the ceiling.

 

Decisions will be implemented from October 1.

Categories
Payroll

Furnishing of evidence of claims by employee in Form 12BB

Employees have to Furnish  Evidence of Claims in Form 12BB for Salary TDS

 

CBDT vide its Notification No. 30/2016-Income Tax dated 29-04-2016 has inserted new income tax rule 26C which requires every employee to furnish evidences of claims/deductions for salary TDS purpose in FORM 12BB. Following are the evidences prescribed for claims/deductions:

 

Sl. No

Nature of claims

Evidence or particulars

(1)

(2)

(3)

1.

 House Rent Allowance. Name, address and permanent account number of the landlord/landlords where the aggregate rent paid during the previous year exceeds rupees one lakh.

2.

 Leave travel concession or assistance. Evidence of expenditure.

3.

 Deduction of interest under the head “Income from house property”. Name, address and permanent account number of the lender.

4.

 Deduction under Chapter VI-A. Evidence of investment or expenditure.”.

Further, the Notification also prescribed new due date of furnishing TDS returns which are as under:

Sl. No.

 Date of ending of quarter of financial year

Due date

(1)

(2)

(3)

1.

 30th June 31st July of the financial year

2.

 30th September 31st October of the financial year

3.

 31st December 31st January of the financial year

4.

 31st March 31st May of the financial year immediately following the financial year in which the deduction is made”.

 

 

 

 

 

“FORM NO.12BB

(See rule 26C)

Statement showing particulars of claims by an employee for deduction of tax under section 192

1. Name and address of the employee:

2. Permanent Account Number of the employee:

3. Financial year:

Details of claims and evidence thereof
Sl. No. Nature of claim Amount(Rs.) Evidence / particulars
(1) (2) (3) (4)
1. House Rent Allowance:(i) Rent paid to the landlord

(ii) Name of the landlord

(iii) Address of the landlord

(iv) Permanent Account Number of the landlord

Note: Permanent Account Number shall be furnished if the aggregate rent paid during the previous year exceeds one lakh rupees
2. Leave travel concessions or assistance
3. Deduction of interest on borrowing:(i) Interest payable/paid to the lender

(ii)Name of the lender

(iii) Address of the lender

(iv) Permanent Account Number of the lender

(a) Financial Institutions(if available)

(b) Employer(if available)

(c) Others
4. Deduction under Chapter VI-A(A) Section 80C,80CCC and 80CCD

(i) Section 80C

(a) ……………..

(b) ……………..

(c) ……………..

(d) ……………..

(e) ……………..

(f) ……………..

(g) ……………..

(ii) Section 80CCC

(iii) Section 80CCD

(B) Other sections (e.g. 80E, 80G, 80TTA, etc.) under Chapter VI-A.

(i) section……………….

(ii) section……………….

(iii) section………………

(iv) section……………….

(v) section……………….

Verification
I,…………………..,son/daughter of……………………….. do hereby certify that the information given above is complete and correct.
Place………………………………………….
Date…………………………………………… (Signature of the employee)
Designation ……………………………….…. Full Name:………………”;