Regulatory Bulletin August 2024 – Recent Amendments And Notifications In July 2024 Affecting Employers And Payroll Calculation! SGC Services

SGC Services, Payroll Company [NOIDA, India] – Please be advised of the recent amendments and notifications affecting employers and payroll calculation in August 2024 onwards.

As we move into September 2024, there are several important amendments and notifications that employers need to be aware of when it comes to payroll calculations and compliance. These updates have been put in place to ensure fair treatment of employees and to streamline processes in various states across India. Let’s take a look at some of the key changes that have been implemented:

Please find attached the Regulatory Bulletin for the month of August 2024, which includes the following updates:

1. The Maharashtra Minimum Wages VDA Notification (Jul 2024)

2. Circular regarding forwarding of user manual for bulk Aadhaar seeding of ESIC beneficiaries through employer portal

3. Mandating submission of ER‐I Returns under CNV Act,1959 applicable for establishments in Puducherry

4. The Kerala Minimum Wages CPI Notification (June 2024)

5. Circular regarding revision of rate of damages in EPF

6. Notification regarding the Special Employment Exchange for Physically Handicapped in West Bengal

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Regulatory Bulletin_Aug’2024.pdf

Annexures.zip