BYS C PathakHead – ER Bhailal Amin General HospitalVADODARA

RECENT AMMENDMENTS IN

EPF ACT

AMENDMENT IN P.F ACT

INTRODUCTION OF NEW DECLARATION FORM- 11(new)

* This form replaces form No 13(Declaration form)

when member having UAN and KYC verified digitally

* Form No- 11 (new) available on the member portal

with prefilled information

* It also replace form No- 13 in case of having UAN and

KYC details are digitized. Rest of employees shall

continue to fill up Form -13 along with Form NO 11

ON LINE REGISTRATION OF ESTT.(OLRE)

* Establishment can obtain PF code on line by filling form No 5 A Existing establishment requires to fill up Form 5 (A). It is mandatory Establishment would receive all notices in Email ID of the estt. in addition to through

post

AMENDMENT IN P.F ACT

311-04 - 2015

REDUCTION OF RATE OF ADMINISTRATIVE CHARGES Administrative charges are now 0.85% in place of

1.10%. EPF Minimum amount of Adm charges are Rs 500/-

for functional estt and Rs 75 /- for non-functional Administrative charges for deposit link insurance

is 0.01% subject to minimum Rs 250/- per month for functional and Rs 25/- per month for non functional

The above is effective from 01-01-2015

AMENDMENT IN P.F ACT

411-04 - 2015

Act does not define ‘Principle Employer’ or ‘Contractor’.

The scheme makes employer responsible for

all compliance of regular or contractual employeesThe term of contractor needs to be

understood in common parlance.

EMPLOYER’S OBLIGATIONS UNDER PF ACT OF CONTRACTOR’S EMPLOYEE

511-04 - 2015

Penalty for non compliance by the contractor on employer

Financial penalties : damages up to 25% and penal interest at 12%

Imprisonment : Up to one year and up to five years in case of repeated offence

EMPLOYER’S OBLIGATIONS UNDER PF ACT OF CONTRACTOR’S EMPLOYEE

611-04 - 2015

Securing compliance by contractor* compliance of contractor can be checked in official website in ‘establishment search option’ Monthly contribution of employees of

contractor can be verified from ECR OR insisting to submit hard copy of ECR of each employee.

Insist for E challan of the establishment separately.

EMPLOYER’S OBLIGATIONS UNDER PF ACT OF CONTRACTOR’S EMPLOYEE

711-04 - 2015

NoClass of employees Rates in Zone-1 Rates in Zone

-2

1 Skilled 293/- 284-/

2 Semi-skilled 284/- 276/-

3 Un-skilled 276/- 268/-

REVISION IN MINIMUM WAGE

• Annexure is given in notification giving details of which categories of different industries falls in class as mentioned above.• In case of piece rate, the amount earned in piece rate per day shall not be less than wage as specified here.• For temporary workers, the wage shall not be less than 50 % of wage specified above. In case if more than 4 hour, the workers should be paid full wage as above.• Existing perquisite or facilities shall not be withdrawn or deduction be made after revising the wage as above.

8

11-04 - 2015

PERIOD OF TRAINING STIPEND

a During first year 75% of minimum wage of

semiskilled

b During second year 80% of “ “

c During third year 90% of “ “

AMENDMENT IN STIPEND OF TRADE APPRENTICES

911- 04 - 2015

THANK YOU

1011-04 - 2015