According to the Court, OLA is in complete control of the entire business of providing transportation though it claims that it is only providing a technology platform to arrange and schedule the transportation. It was also stated that there is hardly any bargaining power or option left either with...
Labour Law
EPFO Prohibits Exempted Trusts (from utilizing reserves and surplus for interest payments)
According to the EPFO, the acts of utilization of reserves and surplus for the purpose of crediting interest to beneficiary at much higher rates as compared to the notified interest rate is "manifestly illegal". Must be noted that neither the EPF Act nor the Schemes thereunder have any specific...
This landmark judgment of the Karnataka High Court comes in as a huge respite for the employers who had been facing considerable financial qualms with regard to remitting contributions for international workers on gross salary. It will be interesting to say as to what mechanism the EPFO will bring...