INTRODUCTION Every Professional is familiar with the usage of his Digital Signatures in all the MCA-21 E-Forms since 2006. Now the Companies Act, 2013 has extended its scope further. The Act now requires authentication of entries in the Statutory Registers by affixing digital signatures of the Authorised Signatory from time to time when the same… Read More
Tags: Companies Act 2013, Digital signature, DSC, registers
A revised transfer claim settlement process has been started through an Online Transfer Claim Portal to smoothen the process of transfer of PF accounts. The revised process has following features:- (i) The claim can be submitted by the member in the online mode in addition to physical mode. (ii) The claim can be submitted through… Read More
Tags: Business, Central Provident Fund, Digital signature, Employee Provident Fund, Employees' Provident Fund Organisation of India, Job Growth, Online and offline, Online Transfer Claim Portal
During the current fiscal, till the month the Organisation settled more than 50 lakh claims out of which 97% was settled within 30 days as mandated by the scheme. In the month of August alone, 10.98 lakh claims were settled and the percentage of claims settled within the above said mandated time-limit was 98.90%. Importantly,… Read More
Tags: Central Provident Fund, Digital signature, Employee Provident Fund, Employees' Provident Fund Organisation of India, India, Organisation, Organization, Social Security
The number of contributing members to Employee Provident Fund Organisation (EPFO) has crossed 4.00 crore as on 17.08.2013. Similarly, number of establishments covered under EPF & MP Act, who are contributing and filing their return through electronic system has increased to 4 lakh. EPFO also distributed pension to more than 44 lakh pensioners during July,… Read More
Tags: Central Provident Fund, Digital signature, Employee Provident Fund, Employees' Provident Fund Organisation of India, Employment, EPF, EPFO, July 2013
The CBDT has, vide notification dated 1-05-2013, made E-filing of Return compulsory for Assessment Year 2013-14 for persons having total assessable income exceeding Five lakh rupees. The CBDT vide its earlier notifications had exempted salaried employees having total income upto Rs. 5 lakhsincluding income from other sources upto Rs. 10,000/- from the requirement of filing return of income for assessment year 2011-12 and… Read More
Tags: CBDT, Digital signature, New Delhi, Payment, Salary, Tax, Tax return (United States), Taxation in India