The Air Conditioner and its related Parts, Hermetic Compressor, and Temperature Sensing Controls Order shall be in force from 1st January 2021

The goods or articles like room air conditioners, ducted and package air conditioners, hermetic compressor, temperature sensing control devices shall conform to the corresponding Indian Standard and shall bear the Standard Mark under a license from the Bureau as per Scheme I of Schedule-II of the Bureau of Indian Standard (Conformity Assessment) Regulations, 2018.

Relaxation in EPF contribution for May, June, July

The Ministry of Labor and Employment vide notification dated the 18th May, 2020, has amended the notification dated the 9th April, 1997, to lower rates of provident fund contribution at 10%. The existing rate of contribution by both employee and employer is 12%.