RSM India

News flash: Certain Recent changes - proposals in Labour Laws.

In India, the Employees Provident Fund is a very important and secured form of Social Security Tool for an Industrial Workers/employee. The Government is constantly making efforts to simplify the labour law system into a more simplified and transparent system and to make it more employer and labor friendly by reducing the compliances, reporting requirements and widening the coverage of various legislations. The Employees Provident Fund Authorities has made various amendments by way of circulars, notifications and clarifications in the last six months as also are contemplating more changes in the coming months.  Some of these key changes / announcements have been briefly summarized in our newsflash below.

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