The Ministry of Labour & Employment had announced in March 2020 that individuals could claim non-refundable advances from their Provident Fund (PF) account not exceeding the basic wages and dearness allowance for three months or up to 75% of the amount standing to their credit in the Fund, whichever is lesser, for Covid related needs.
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A full-blown global pandemic of COVID-19 has resulted in sharp economic slowdown across the globe. As the Government continues to raise awareness and promote precautionary measures to prevent the spread of COVID-19, employers find themselves between a rock and a hard place – continued expenses if they function and closure if they don’t. The typical
With the rapid spread of the corona virus (COVID-19), employers are alarmed as to its potential impact on their workplace environment. With a view to prevent the further spread of the virus, the Department of Labour, Government of Karnataka, has issued Circular KAE 170 SWEMARA 2018 (B-R) dated 05.03.2020 directing all the Establishments (Industrial &