Ministry of Labour & Employment Scheme to partially reimburse employers for Maternity Benefits 02 JAN 2019 Government is working on an Incentive Scheme wherein seven weeks wages shall be reimbursed to employers who employ women workers and provide the maternity benefit of 26 weeks paid leave, as provided for in the Maternity Benefit (Amendment) Act, 2017. To enable an entity to avail of the incentive, the women employees working in their entity should be a wage earner of less than Rs.15,000/- per month and a member of Employees’ Provident Fund Organization (EPFO) for at least one year and not covered by Employees’ State Insurance Corporation (ESIC). A meeting of Stakeholders’ Consultation with representatives of concerned Central Ministries, State Governments, Employers’, Employees’ etc. was held on 14.11.2018 to discuss the matter. The Scheme was supported by and large with the majority of stakeholders. The scheme is proposed to be administered after obtaining the appro...

Payroll Reporting in India: An Employment Perspective – Coverage and Sources of data Coverage and Sources of data 1.  The Employees Provident Fund Scheme (EPF)  is a mandatory savings scheme under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. It is managed under the aegis of Employees’ Provident Fund Organization (EPFO). It covers every establishment in which 20 or more persons are employed (and certain other establishments which may be notified by the Central Government even if they employ less than 20 persons each), subject to certain conditions and exemptions as provided for in the Act. The pay ceiling is Rs.15000/- per month. Persons drawing pay above Rs. 15,000 are exempted or can be enrolled with some permission or on voluntary basis. The number of members subscribing to this scheme gives an idea of the level of employment in the formal sector. The data on subscribers-new members, exited members and those subscribers that re-started their su...