STATUTORY COMPLIANCE, COMPENSATION AND BENEFITS
PF, ESI & PT Statutory Acts, Rules, Procedures, Forms, Formats, Filings, Assessment Procedures, Calculations & Employee Benefits. Payment Challans, Monthly returns, Half yearly returns, Annual returns, Settlement Forms, Transfer forms etc. Due dates & filing all the forms linking to the payroll summary.
Payroll Payroll processing supported by real time exposure to the payroll software. Designing CTC breakup as per the offer letter.
Designing break up for gross salary in view of tax exemptions & other related acts. Designing the pay slip with all statutory & other deductions. Preparing payroll summary. Updating employee s database for new joinees & discussion on settlement process/ F & F. Discussion on some formats like offer letter, Appointment letter, Relieving letter, Experience letter & confirmation letter. Discussion on formats used during employee joining & exit Process.
LEAVE CALCULATIONS Eligibility Criteria for EL, CL & SL, Leave policy, Calculations, deductions & reimbursement.
LABOUR LAWS Bonus act, Gratuity act, Shops & establishment act, Contract Labour act & Payment of minimum wages act.
INCOME TAX planning for employees. Tax slab rates. Exemptions and allowances.
Deduction on savings & Investments. TDS Deductions, Format & Procedure for TDS Calculations. Form 16 & ITR. TDS on Professional consultancy services & employee working as consultants You ll have in-depth knowledge on all the areas of PF, ESI, PT, Payroll structure, Calculations Forms, Formats & Due dates, etc., including Income Tax, TDS & Tax Planning for employees up to Form 16 & Form 16A.
Frequently asked questions in all statutory, IT, Payroll & Labour Laws. Assignments and projects. 2.HR GENERALIST AREA MIS Reports Advanced Excel reports with shortcut keys & formulas, i.e. Pivot Table, Goal Seek, Auto & Advanced filters, vlookup which is used to prepare MIS Reports. Policy Implementation Reasons and benefits.
See More...