Latest news with #ProvidentFund
NDTV
17 hours ago
- Business
- NDTV
Women In Delhi Can Now Work Night Shifts In Shops, Commercial Establishments
New Delhi: Women in Delhi can now legally work night shifts in shops and commercial establishments, with the government easing long-standing restrictions under the Delhi Shops and Establishments Act. Chief Minister Rekha Gupta announced the decision on Tuesday, saying that the policy will boost women workforce participation and expand the city's potential as a 24x7 economy. The government plans to amend Sections 14, 15, and 16 of the 1954 Act, which currently prohibit women from working night hours, defined as between 9 pm and 7 am in summer and 8 pm to 8 am in winter. Once the change is in effect, these restrictions will no longer apply, allowing businesses to employ women in round-the-clock operations, provided they follow strict safety and workplace requirements. "This is a step toward increasing women's participation in the workforce while ensuring their safety and dignity at the workplace," Chief Minister Gupta said. "We are not just changing a rule, we're also creating a framework where women feel secure and supported during night hours," she added. Safety Protocols Mandatory The new policy comes with non-negotiable conditions for employers. Written consent from women employees will be required before assigning night shifts. The establishments must provide secure transportation for night duty, round-the-clock CCTV coverage, an adequate number of female security personnel, and an Internal Complaints Committee under the POSH (Prevention of Sexual Harassment) Act, restrooms, lockers, and break rooms and wages must be paid via bank or ECS, and all legal benefits like ESI, Provident Fund, bonuses, weekly offs, and overtime pay will be mandatory. Policy Awaiting Lt Governor's Approval The proposal will be sent to the Lieutenant Governor for final approval. Similar policies are already in place in states like Haryana, Telangana, Madhya Pradesh, and Tamil Nadu. Delhi's move follows months of internal discussions and demands from industry bodies looking to expand night-time operations. "This will help establish Delhi as a 24x7 business hub and also contribute to improving the capital's Ease of Doing Business rankings," the Chief Minister said.
Time of India
4 days ago
- Business
- Time of India
India-UK trade deal: How Indian professionals working in United Kingdom temporarily will benefit from Double Contributions Convention
If an employee is sent to work from India to the UK for an anticipated period of up to 36 months, the social security contributions will need to be paid only in India. (AI image) As a landmark step towards promoting cooperation in the field of social welfare, India and the United Kingdom (UK) have agreed to negotiate a reciprocal Double Contributions Convention (DCC) alongside the signing of Comprehensive Economic and Trade Agreement between the Government of the Republic of India and the Government of the United Kingdom of Great Britain and Northern Ireland ("the CETA") on 24 July 2025. This DCC aims to relieve the burden on employees who are temporarily assigned to work in the other country, as well as their employers, by exempting them from the requirement to pay social security contributions in the host nation. Highlights of the DCC Side Letters On 24 July 2025, India and the UK issued side letters documenting their understanding to agree to the text of the DCC. It is also agreed between India and the UK that the DCC to be concluded between the two countries shall enter into force at the same time as the CETA. While the formal DCC is yet to be negotiated and executed, the side letters provide valuable insights on the overall framework of the DCC. Based on the key features of the DCC highlighted in the side letters, let's examine the implications for Indian employees assigned to work in the UK. If an employee is sent to work from India to the UK for an anticipated period of up to 36 months, the social security contributions will need to be paid only in India. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Learn More - How Watching Videos Can Boost Your Income TheDaddest Undo Even if the employment period in the UK subsequently exceeds 36 months, the social security contributions shall be paid only in India for the first 36 months. During the period of assignment, the Provident Fund contributions in India shall be paid on the total remuneration and profits derived from employment, to the extent permitted under the Indian Provident Fund law. It may be noted that there is a wage ceiling of Rs 15,000 for calculation of Provident Fund contributions, beyond which the contributions are voluntary. The individual will have to take a Certificate of Coverage under the DCC for claiming exemption from the UK social security. Exemption from UK National Insurance Contributions (NIC) Under the current system, individuals who work in the UK are required to deposit UK NIC. The local National Insurance rules exempt employees sent to work temporarily in the UK and their employers from payment of NIC for the first 52 weeks of their stay, subject to certain conditions. By virtue of the DCC, this 52-week exemption period stands extended to 36 months for Indian employees. Conclusion The DCC promises to provide substantial benefits to Indian employees temporarily posted for employment in the UK and their employers, by way of exemptions from the UK NIC. Thus, the UK-India DCC, once implemented, will eliminate a major cost and compliance obstacle for short-term assignments, thereby promoting seamless workforce mobility and maintaining continuity of social security benefits. This article is authored by Puneet Gupta, Partner, EY India Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
United News of India
4 days ago
- Business
- United News of India
ED attaches Rs. 15.47 crore property of Delta Ltd in money laundering case
Kolkata, July 26 (UNI) The Enforcement Directorate (ED) has attached immovable properties worth Rs 15.47 crore belonging to Delta Ltd and others in connection with a money laundering case. The ED has also submitted a final charge sheet July 24 in a special court under the Prevention of Money Laundering Act (PMLA) in Kolkata against the company and 7 others, agency officials said. The central anti-laundering money agency began its probe on the basis of an FIR registered at Hare Street Police Station, Kolkata, following a directive from Calcutta High Court on writ petitions alleging non-payment of statutory dues, such as Provident Fund (PF), despite regular salary deductions. The FIR was lodged against Delta Ltd and others for alleged criminal conspiracy, cheating, and misappropriation of workers' Provident Fund deductions. The ED's investigation revealed that nearly 800 workers of the company and its associated entities were cheated through the misuse of their PF fund trust (Delta Jute & Industries Ltd Worker's Provident Fund Trust). The company had been granted exemption under the Employees Provident Funds (EPF) Act, allowing it to manage PF money through its own trust. This trust was intended to operate and ensure proper investment of employees' PF funds. However, in violation of the mandate, employees were appointed as trustees instead of professionals or fund managers. These employees acted solely under management's directions and had no real decision making power. Due to continuous violations and financial losses, the exemption was revoked in 2014. Despite this, and even after ongoing court proceedings, the company continued deducting PF from workers' salaries but failed to deposit it with either the trust or PF authorities, the ED said. "The money was wrongfully retained as the company deliberately avoided depositing the statutory contributions deducted from employees," the ED noted. According to the agency, the withheld amounts were subsequently laundered and used for non-permitted purposes, including loan repayment, meeting business expenses, and property transactions. The total Proceeds of Crime (POC) in the case amount to Rs.15.47 crore. "The attachment of full POC in the form of immovable properties has been done and a final prosecution complaint has been filed," the ED added. UNI PC AAB
The Hindu
22-07-2025
- Politics
- The Hindu
Rural development department workers stage wait-in protest
Members of Tamil Nadu Rural Development Department Workers' Union affiliated to the AITUC staged wait-in protest at Vannarpet here on Tuesday with their tiffin-boxes to highlight their demands. The protestors, led by S. Edwin, district president of the Union, district and block-level coordinators should be appointed on permanent basis so that monitoring and follow-up of the works would become easier. The Tamil Nadu Government, as promised, should give the incentive to all workers involved in COVID prevention activities. The district and the block-level coordinators and the computer operators should be given annual increments. Gratuity should be given to all temporary workers and all vacancies in the village panchayats filled-up. Minimum wages should be fixed as per law and given to the sanitary workers, motivators, pump operators, overhead tank operators and computer operators. Social security schemes like Employees' State Insurance, Provident Fund etc. should be extended to these workers, they said. State coordinator of the Union S. Govindan, state joint secretary V. Paramasivan, state president of AITUC S. Kasi Viswanathan and others spoke.
The Hindu
20-07-2025
- The Hindu
TNCSC contract computer operators demand regularisation, basic entitlements
Contract computer operators working under Tamil Nadu Civil Supplies Corporation (TNCSC) have renewed demands for regularisation, citing over 16 years of continuous service without job security, statutory benefits, or basic workplace rights. At a State-level meeting held in Tiruchi on Sunday, the operators passed a resolution pressing four key demands: immediate regularisation of all contract computer operators, provision of basic amenities for women including functional toilets in all godowns, grant of paid maternity leave, and an end to arbitrary and frequent transfers. Operators A. Manivannan from Nagapattinam and S. Sivashanmugamani from Tiruppur said the monthly salary, which began at ₹4,500, was revised to ₹13,648 in March 2022. However, they alleged irregularities in deductions made for Provident Fund (PF) and Employees' State Insurance (ESI), with little transparency or accountability. 'Despite the DMK government's electoral promise to regularise contract workers, TNCSC continues to take a hostile approach. We are denied even casual leave. For women, there is no maternity leave, and basic facilities like toilets are missing in many centres,' said Mr. Manivannan. Workers also alleged that women employees faced arbitrary transfers and punitive actions for minor issues, including discrepancies in attendance records or leave applications. In some cases, they claimed staff were locked out of work without prior notice.
