Minimum Wage

PF Interest Declared for FY 2023-2024 – SGC Services

In a recent notification issued by the EPFO (Employee Provident Fund Organization) with Notification No INV 11 2 2021 INV 1460 dated 31st May 2024, it has been declared that the rate of interest for the financial year 2023-2024 in the Provident Fund Account maintained with EPFO is 8.25%. This announcement will impact all individuals […]

Minimum Wage

Revised Uttar Pradesh Minimum Wages – SGC Services

We would like to inform you that the minimum wages in Uttar Pradesh have been revised, effective from 1st April 2024. The amended rates for all the categories are as below:- UP Minimum Wages Rates for Shops and Establishment Effective for the period From 01/04/2024 to 30/09/2024 S.NO Category Basic Dated 01.10.2023 to 31.03.2024 (Total […]

Minimum Wage

Recent Amendments And Notifications In April 2024 Affecting Employers and Payroll Calculation ? SGC Regulatory Bulletins

SGC Services, Payroll Company [NOIDA, India] – Please be advised of the recent amendments and notifications affecting employers and payroll calculation in April 2024. It is important to stay informed about the changes in labor laws and regulations. Attached is the Regulatory Bulletin for April 2024, which includes updates such as the collection of Labour […]

Minimum Wage

Kerala (CPI Index) minimum wages – SGC Services

Please be advised that the minimum wages in Kerala based on the CPI index have been revised as of March 2024. The amended rates for all the categories are as below:- These rates are applicable to all industries and establishments in Kerala. Employers are required to ensure that their workers are paid at least the […]

Minimum Wage

Recent Amendments and Notifications in March 2024 Affecting Employers – SGC Regulatory Bulletins

SGC Services, Payroll Company [NOIDA, India] – We would like to bring to your attention the recent amendments and notifications that have been issued in March 2024. Stay up to date with the latest changes in labor laws and regulations with our comprehensive list of amendments and notifications issued in March 2024. From minimum wage […]

Minimum Wage

Andhra Pradesh minimum wages – SGC Services

This is to inform you that the Minimum wages in Andhra Pradesh has been revised with effect from 01st April 2024. The amended rates for all the categories are as below:- ANDHRA PRADESH SHOPS AND COMMERCIAL ESTABLISHMENTS Notification issued vide G.O.Ms.No.116, LET&F (Lab.II) Dept., dt:07-12-2007 Published in Gazette No.705 , dated 19-12-2007 Wages Linked at […]

Minimum Wage

West Bengal Professional Tax Return filing date extension – SGC Services

The West Bengal government has announced an extension of the deadline for filing returns in Form III under section 6 of the West Bengal State Tax on Professions, Trades, Callings, and Employments Act 1979 for the financial year ending on March 31, 2024. For the period mentioned below, the date is extended as specified in […]

Minimum Wage

Gujarat (Special Allowance) Revised Minimum wages – SGC Services

SGC Services [NOIDA, India] – We would like to inform you that the minimum wages in Gujarat, including the special allowance, have been revised as of April 1st, 2024. The amended rates for all the categories are as below:- GUJARAT ANY SHOPS OR COMMERCIAL ESTABLISHMENT MINIMUM WAGES RATES Sr.NO Classes of Employees Rates payable per […]

Minimum Wage

Kerala (CPI Index) minimum wages – SGC Services

SGC Services [NOIDA, India] – This is to inform you that the Minimum wage in Kerala (CPI Index) has been revised with effect from February’2024. The amended rates for all the categories are as below:- KERALA Shops and Commercial Establishments Minimum Wages Rates for Cochin w.e.f 1st Dec ‘2016 S.NO CLASS OF EMPLOYMENT Monthly BASIC […]

Minimum Wage

Bihar Revised Minimum Wages – SGC Services

SGC Services [NOIDA, India] – We would like to inform you that the minimum wages in Bihar have been revised, effective from 01st April 2024. The amended rates for all categories are as follows: The amended rates for all the categories are as below:- BIHAR SHOPS AND COMMERCIAL ESTABLISHMENTS Rates w.e.f 01/04/2024 S.NO Category of […]

Minimum Wage

Parliament Elections – Notification for paid holiday – SGC Services

Employers: The Election Commission of India has released a circular stating that all eligible employees must be given a paid holiday on the day of polling for the upcoming General elections to Lok Sabha 2024 and Bye elections of various States. This is in accordance with Section 135B of the Representation of People Act 1951. […]

Minimum Wage

SGC Services Achieving SOC 1 Type 2 certification – 2023 – 2024 – Report

We are thrilled to announce that SGC Services Private Limited has successfully completed the rigorous procedures set forth by the American Institute of Certified Public Accountants (AICPA) to achieve SOC 1 Type 2 certification. This certification covers the period from April 1, 2023, to January 31, 2024, and demonstrates our commitment to maintaining the highest […]

Minimum Wage

Telangana Minimum Wages – SGC Services

The Minimum wages in Telangana has been revised with effect from 01st April 2024. The amended rates for all the categories are as below:- TELANGANA – SHOPS AND COMMERCIAL ESTABLISHMENTS Minimum Wages and VDA payable from 01-04-2024 to 30-09-2024 S.No. Name of the Category Basic Wage VDA Total Wage COMMERCIAL ESTABLISHMENTS Zone-I Zone-I Zone-I 1 […]

Minimum Wage

Madhya Pradesh Minimum Wages – SGC Services

The Minimum wages in Madhya Pradesh has been revised with effect from 01st April 2024. The amended rates for all the categories are as below:- MADHYA PRADESH SHOPS AND COMMERCIAL ESTABLISHMENTS Minimum Wages Basic Wages VDA Total Wages Category Basic Wages VDA Total Wages Per Month Per Day Per Month Per Day Per Month Per […]

Minimum Wage

Notification for Maharashtra Labour Welfare Fund (Amendment) Act, 2024 – SGC Services

This is for your information, The Government of Maharashtra has published the attached notification, thereby notifying the Maharashtra Labour Welfare Fund (Amendment) Act, 2024. Under this amendment, the LWF rates in Maharashtra have been changed from Rs.12 and Rs.36 for Employee and Employer to Rs.25 and Rs.75 respectively with immediate effect. For more details and […]

Minimum Wage

Uttarakhand minimum wages – SGC Services

We would like to inform you that the minimum wages in Uttarakhand have been revised, effective from 1st April 2024. The amended rates for all the categories are as below:- UTTARKHAND Minimum Wages Rates for Shops and Establishment S.No Categories Monthly Minimum Wages (w.e.f 01.04.2024) DA (w.e.f 01.10.2023) Total Wages 1 Unskilled 12539 1700 14239 […]

Minimum Wage

Chandigarh Minimum Wages – SGC Services

We would like to inform you that the minimum wages in Chandigarh have been revised, effective from 01st Oct 2023. The amended rates for all the categories are as below:- CHANDIGARH SHOPS AND COMMERCIAL ESTABLISHMENTS w.e.f 01.10.2023 to 31.03.2024 S.NO Category of Employees Rates of Minimum Wages (In Rupees) Monthly Daily Monthly Daily Old Rate […]

Minimum Wage

TAMILNADU (VDA) Minimum Wages – SGC Services

The minimum wages in Tamil Nadu, including Variable Dearness Allowance (VDA), have been revised, effective from April 1st, 2024. The amended rates for all the categories are as below:- TAMILNADU Minimum Wages Rates for Shops and Establishment Effective for the period From 01/04/2024 Name of the Category BASIC WAGES VDA TOTAL S.NO GENERAL CATEGORIES ZONE […]

Minimum Wage

Haryana minimum wages – SGC Services

The Minimum wages in Haryana have been revised with effect from 01st January 2024. The amended rates for all the categories are as below:- HARYANA SHOPS AND ESTABLISHMENT ACT MINIMUM WAGES W.E.F 01/01/2024 S.NO Categories of workers Post/Education Basic Pay (As per notification dated 21.10.2015) Minimum Wages w.e.f 01.07.2023 A (Rs.) Dearness Allowance from 01.01.2024 […]

Minimum Wage

Kerala (CPI Index) minimum wages – SGC Services

This is to inform you that the Minimum wages in Kerala (CPI Index) has been revised with effect from December’2023. The amended rates for all the categories are as below:- KERALA Shops and Commercial Establishments Minimum Wages Rates for Cochin w.e.f 1st Dec ‘2016 S.NO CLASS OF EMPLOYMENT Monthly BASIC DA (w.e.f December’2023) TOTAL Special […]