Monday, December 30, 2013

The Maternity Benefit Act of India – 1961

Maternity Benefit act 1961 - Introduction:


The main purpose of The Maternity Benefit Act of India – 1961 is to product the motherhood of the woman employee and providing the health maintains of woman and the child. Maternity Benefit Act is very important as woman working power is increasing day by day. But working woman aware about the Maternity Benefit in India, It’s a big question mark.

Purpose of the Maternity Benefit Act of India – 1961

An Act to regulate the employment of woman for certain periods before & after the child birth (Delivery) and providing for maternity benefit and other benefits too.

Maternity Benefits act 1961 applicability:

The Whole of India except the state of Jammu & Kashmir. Appropriate Government

1)    In relation to mines – Central Government  and State Government

2)    Other establishments in a State – state Government: The employee who is having ESI benefit will not be eligible for this benefit under this act.

Main Features & Important Provisions of Maternity Benefit Act


1)    This benefit is for 12 weeks ( 6 weeks before & after child birth)

2)    A woman should not be engaged in work in any establishment up to  6 weeks from her delivery or miscarriage.

3)    NO woman shall entitle to this benefit unless she has worked with the employer for min 160 days in 12 months before her expected date of delivery.

4)    A woman should not be assigned to any work which is of hard nature or long hours of standing, or is likely to cause her miscarriage

5)    Employee will be entitled to receive benefit of medical bonus (Rs.25/day) from employer.

6)    A woman suffering from illness arising out of pregnancy, delivery, premature birth of child of miscarriage shall be entitled for additional one month leave with wages.

7)    In case of death, benefit will be paid up to that day & in miscarriage case the total 12 weeks will be payable.

8)    Every woman who returns to duty after delivery shall be allowed for 2 nursing breaks apart from her regular break to feed her child until the child attains 15 month of age.
 
For More Information on Maternity benefit please visit
 
 
 
Thanks,
 

Saturday, December 28, 2013

2014 Holiday List - India

Herewith we have enclosed 2104 Holiday list for India.

below given 2014 holiday list may vary from state to state, you have to refer to the individual state 2014 holiday list.

Date Week Day Name
01-Jan-14 Wednesday New Year's Day
13-Jan-14 Monday Id-E-Milad
26-Jan-14 Sunday Republic Day
28-Feb-14 Friday Maha Shivaratri
17-Mar-14 Monday Holi
18-Apr-14 Friday Good Friday
23-Apr-14 Wednesday Mahavir Jayanti
01-May-14 Thursday May Day
14-May-14 Wednesday Budhdha Purnima
28-Jul-14 Monday Id-Ul-Fitr
29-Jul-14 Thursday Rath Yatra
10-Aug-14 Sunday Rakhi (Raksha Bandhan)
15-Aug-14 Friday Independence Day
17-Aug-14 Sunday Janmashtami
29-Aug-14 Friday Ganesh Chaturthi
02-Oct-14 Friday Gandhi Jayanti
04-Oct-14 Saturday Dussera & Id-ul-Zuha or Bakri Id
23-Oct-14 Thursday Deepavali
25-Oct-14 Saturday Muharram
06-Nov-14 Thursday Guru Nanak Jayanti
25-Dec-14 Thursday Christmas Day

Saturday, December 14, 2013

Why PAN Card is mandatory


PAN card is nothing but your permanent account number, It’s very important for day to financial activities. If you want to open bank account, planning to buy mutual funds etc., let see few important areas where you need PAN Card



1)   If you’re buying / Selling any property more than Rs5L if need to have PAN

2)   Purchase/ Sale of vehicle ( Other than two wheeler)

3)   Deposit of more than Rs50000 as FD in banks

4)   Bank / Post office savings is more than Rs50000

5)   Agreement value more than Rs100000

6)   For Opening Bank account

7)   If your bill for staying / Food / Accommodation is more than Rs 25000

8)   DD value is more than Rs 50000

9)   Income Tax filling

10) To register for commercial / Services tax

11)  Mutual Fund Investments

12)   Applying for phone connection including cell phone connection

13)   For Credit Card Application

14)   For Applying loan

15) Opening DEMAT account etc.,