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Payroll & Compliance – Important Legislative Updates in December!

Posted by: The ADP Team on 13 January 2020 in Non classé

ADP monthly chronicle – Dec. 2019

Webinar Recording link on “Know Your Taxes Right, 2020”

ADP has organized an informative webinar “Know your taxes right 2020: A Guide to ‘How to plan and save your taxes’”.

This webinar provides a detailed summary of all sections and allowable allowances, as well as the supporting documents required to claim such tax deductions. In addition to this, it explains about:

  • Latest changes in Indian budget and their impact on tax calculation.
  • How to manage your taxable income, all available investment options and how to claim tax benefits?
  • Home loan – principal and interest deductions from single or multiple properties; self-occupied or rent-outs.
  • What documents are to be submitted for each of these benefits and against these deductions?

Please find the recording link for your reference and usage.

Please share the link with all your associates and family and help them understand and save their taxes.

ESI Insured Person (IP) Registration in ESI Online Portal

Before October 2019, there was no restriction in generation and allotting IP numbers. But Employee State Insurance (ESI) has made an amendment through an official notification in November 2019, wherein all employers were directed to register employees on real time basis within 10 days from the date of joining in the establishment. If the date of appointment is beyond 10 days of online registration, online systems will not allow the employer to register employee’s enrolment on real time basis.

Many employers faced issues during this process. The issue was examined by ESIC and a solution was provided with attached conditions.

As per the new reforms, the system will allow registration of employees if the date of appointment is more than 10 days with conditions, a “Pop-up message” will be displayed during the online registration of employees which the employer has to either accept or reject. If an employer accepts the Pop-up message, Insurance numbers will be allotted to the employees and a show cause notice will be issued to the employer; where by the Employer has to reply/submit relevant records within 15 days to justify the delay. In other cases if the employer rejects the Pop-up message, the system will redirect to ‘change the date of appointment’.

LWF Online Payment for Maharashtra effective 1st January 2020

The LWF payment under Maharashtra Labour Law was to be done through manual mode until December 2019.

The department has issued a notification hereby making any such LWF payment allowable through online mode.

Every establishment must register themselves through

Note: With the help of OTP, login and password for such account can be created. Every employee will get permanent LIN number. Also every employees’ or members’ mobile numbers need to be registered to avail all facilities for them and their family members.

Such payment for LWF contribution can be made through Debit card, Credit card, Net Banking, NEFT, RTGS. Once paid the employer can download the receipt directly from the portal.

To read further details, please visit the official site.

Option to remit LWF through online mode, Karnataka

Under Karnataka Labour department, until now only manual LWF remittance was possible. However, the department recently has provided the option of online remittance also to companies and factories. The department has released a press note stating the details of bank accounts to be used for such remittances.

The details of banks are:


Mathikere Branch, Bangalore – 560 054

A/c No.: 30428019173

IFSC Code: SBIN0040605


Yeswanthpur Branch, Bangalore – 560 022

A/c No.: 04282010181335

IFSC Code: SYNB0000428

Once the online remittance is done, one needs to submit the hard copy of such payments along with duly filled and signed Form-D to the department.

Please note: The upcoming due date for LWF contribution is 15.01.2020. Any delay in payment will attract interest penalty up to 18%, and an inspection by the welfare commission.

Hope you have enjoyed this month’s Payroll & Compliance updates, you may access the PDF version here to share with your colleagues easily.

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TAGS: compliance ESI income tax LWF payment

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