Mumbai, Sep 18 (PTI) Labour and Employment ministry yesterday celebrated Vishwakarma Dinotsav, where 28 workers from the construction, service industries and contract workers were felicitated by K V Sarweswaran, Additional Central P F Commissioner, Maharashtra. The Employees Provident Fund Organisation, under the Central PF Commissioner has adopted a resolution on service delivery ethics to create awareness among the workers, employers on benefits of social security and rights and obligations of each stakeholder by continuous engagement with stakeholders to anticipate and meet expectations, a release issued by the EPFO stated. Raman said that mow to attract deduction of tax at source at time of final payment of PF in case of membership being less than 5 years, the limit has been increased to Rs 50,000 from Rs 30,000. "From July 2015, time limit of settlement of all types of claims from reduced from 30 to 20 days," he added. He further said employers who wish to register for PF compliance have to just file basic details of establishment online with digital signature with no need for physical submission of documents.

Source: India Today September 18, 2016 13:30 UTC