Friends, PFA notification dated 26.9.2016 on the subject. Thanks
From India, Malappuram
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1454From India, Malappuram
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Thanks for the information sir, but can please help me to understand what have been actually omitted from the act. Regards Sathya Narayana Y S
From India, Bengaluru
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From India, Bengaluru
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nice updation, can anyone help me to understood should old rule should be carried out or new one. Thanks & Regards, From, Sumit Kumar Saxena
From India, Ghaziabad
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From India, Ghaziabad
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Saxena,
The rule was earlier amended in 2014, wherein it was stated in Rule 5(1) that returns shall be submitted by 1st February. The proviso to 5(1) stated that the time limit is as specified under Section 19. This proviso is going to be deleted.
From India, Thiruvananthapuram
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The rule was earlier amended in 2014, wherein it was stated in Rule 5(1) that returns shall be submitted by 1st February. The proviso to 5(1) stated that the time limit is as specified under Section 19. This proviso is going to be deleted.
From India, Thiruvananthapuram
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Does this mean the manual return is no longer required but the Unified Annual Return in the Shram Suvidha Portal is required?
From India, Delhi
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From India, Delhi
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Sir, Thanks for the information .But can please help me to understand what have been actually omitted from the act. Regards Sanjay
From India, Delhi
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From India, Delhi
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Sir, where it is mentioned in rule 5 sub rule 1 about the time limit? I can’t find this rule?. Please any one explain me.... Regards Sanjay
From India, Delhi
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From India, Delhi
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Before the amendment Rule read as follows:
Annual returns
5. (1) Every employer shall, on or before the 1st day of February each year, upload annual returns in Form D on the web portal of the Ministry of Labour and Employment, providing information on the particulars specified for the preceding year.
Provided that the annual returns shall be filed within the time limit specified in Section 19 of the Act.
(2) Every employer may file annual returns in Form D to the Inspector on or before the 1st day of February each year, giving information on the particulars specified for the preceding year:
Provided that during inspection, the inspector shall request the production of the accounts, books, registers, and other documents if they are maintained in manual or electronic form, as the case may be.
Explanation: For the purposes of this sub-rule, the expression "electronic form" shall have the same meaning as assigned to it in clause (r) of Section 2 of the Information Technology Act, 2000 (21 of 2000).
Section 19 prescribes a time limit of 8 months for payment of bonus. It does not prescribe a time limit for filing a return. The Proviso to Rule 5(1) which referred to Section 19 has been omitted. It is now clear that the return has to be filed by the 1st of February as provided in Rule 5(1).
From India, Malappuram
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Annual returns
5. (1) Every employer shall, on or before the 1st day of February each year, upload annual returns in Form D on the web portal of the Ministry of Labour and Employment, providing information on the particulars specified for the preceding year.
Provided that the annual returns shall be filed within the time limit specified in Section 19 of the Act.
(2) Every employer may file annual returns in Form D to the Inspector on or before the 1st day of February each year, giving information on the particulars specified for the preceding year:
Provided that during inspection, the inspector shall request the production of the accounts, books, registers, and other documents if they are maintained in manual or electronic form, as the case may be.
Explanation: For the purposes of this sub-rule, the expression "electronic form" shall have the same meaning as assigned to it in clause (r) of Section 2 of the Information Technology Act, 2000 (21 of 2000).
Section 19 prescribes a time limit of 8 months for payment of bonus. It does not prescribe a time limit for filing a return. The Proviso to Rule 5(1) which referred to Section 19 has been omitted. It is now clear that the return has to be filed by the 1st of February as provided in Rule 5(1).
From India, Malappuram
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Sir, Please help me....what is allocable surplus? can’t understand as per sub section 4 of section of the payment of bonus act 1965.... Regards M. Sanjay
From India, Delhi
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From India, Delhi
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Amendment to Payment of Bonus Act 2015.jpg
Payment of Bonus Amendment Bill, 2015.pdf