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Clarification regarding Maternity Benefit (Amendment) Act, 2017

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Please be informed that the clarification given by the Ministry of Labour and employment regarding new amendment under the Maternity Benefit act. Following points are evaluated: Ø    All new said amended clauses in notification except sub-section (5) of section 3 will be effected w.e.f. 1st Day of April, 2017  Increase Maternity Benefit from 12 weeks to 26 weeks for 1 st  & 2 nd  children, and 12 weeks for more than 2 children. 12 weeks Maternity Benefit to a Commissioning Mother and adopting mother Provision for work from home for nursing mother. Every establishment shall intimate in writing and electronically to every women at the time of her initial appointment about the benefits available under the Act. Ø    the 1st day of July, 2017, as the date on which sub-section (5) of section 3 of the said Act shall come into force. M andatory Provision of Crèche  to establishments having more than 50 or more total employees ...

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Rates of Provident Fund (PF) Administrative Charges reduced

Rates of Provident Fund (PF) Administrative Charges reduced The Employees’ Provident Fund organization (EPFO) has reduced the PF administrative charges to 0.65% (earlier the rate was 0.85%). Furthermore, the Employees’ Deposit Linked Insurance (EDLI) administrative charges have been reduced to 0% (nil) (earlier the charges were 0.01%). These changes are implemented from 1st April 2017.   S.No Particulars Non Contributory (No Employee is being paid, but PF code is in use) Non Contributory (No Employee is being paid, but PF code is in use) Old Rate Up to 31st March 2017 Revised Rate from 1st April 2017 Old Rate Up to 31st March 2017 Revised Rate from 1st April 2017 1 PF Admin Charges( A/c No: 2) in payment challan Monthly Minimum rate of Rs. 75 Monthly Minimum rate of Rs. 75 Monthly Minimum rate of Rs. 500 (or) Monthly Minimum rate of Rs. 500/- (...

Maternity Benefit (Amendment) Act, 2017

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The Ministry of Labour and Employment, Government of India (" Ministry of Labour ")  vide  Official Gazette notification dated 31 March 2017 has appointed 1 April 2017 as the date on which the Maternity Benefit (Amendment) Act 2017 (" MB Amendment Act ") has come into force. However, the relevant provision on the "work from home" option will come into effect from 1 July 2017. The MB Amendment Act had received Presidential assent on 27 March 2017 and was published in the Official Gazette on 28 March 2017. Key Amendments The MB Amendment Act regulates paid maternity leave entitlement and other related benefits for women employed in factories, mines and shops or commercial establishments employing 10 or more employees.  Key amendments introduced in the Maternity Benefit (Amendment) Act, 2017 Increased Paid Maternity Leave:  The MB Amendment Act has increased the duration of paid maternity leave available for women employees from the existing 12 ...