DIPESH SETHIA

An employee working in a corporate organization must be aware of the Employees Provident Fund. This is a government scheme set up under the Employees Provident Funds and Miscellaneous Provisions Act, 1952. In this article, we will be learning everything about the Employee Provident Fund (EPF) that an employee working in a private organization must be aware about. Starting with what is EPF? It is a fund set up under the government where an employee contributes a part of his/her salary every month and an equal amount is contributed by the employer. On retirement or on other cases the employee gets the sum of his contribution, his employer’s contribution, and interest thereon. Is there any compulsion for EPF? Yes, it is a compulsion for the employer who has 20 or more employees, to contribute towards the EPF. As per rules, if an employee draws more than Rupees 15,000/- per month on the joining, he/ she can opt for EPF, as this is not mandatory for them. But for those earning less ...

After the partial lift of lockdown 2.0 many states were running low on revenue, it's then they decided to open up liquor stores as this will give them the excise duties on a daily basis, but this act was not a right card to be played as there was no social distancing maintained at all meanwhile people got involved in many other issues. Ultimately the Maharashtra Government had to take a U-Turn on this decision. After that, there was news that the State Governments will start the sale of Liquor with help of Excise Dept. issued E-tokens and Home Delivery of liquor in order to keep the crown away. A little research on home delivery of liquor that started today made me realize a few points. there are 2 types of Liquor sale happening from today. 1. E- token Where a person needs to register on the Maha Excise Website and Generate a token, where he/she will be allotted date time and other details on the token with QR Code for the nearest vendor, he/she needs to show up on the sa...