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Introduction

  • Eligibility criteria for the ESI Covered Employees, who has died due to the Covid – 19 Pandemic and for life time pension to the family?
  • Latest Update on Provident Fund as per the Finance Minister Budget for 2021 – 2022: There will be no impact of TDS for those contributing up to Rs. 20,833/- pm (Rs. 2.50 lakh per year) AND detailed comparison (calculation) of interest, if monthly contribution paid is more then this amount (Rs. 20,833/-).
  • Detail study on: Hon’ble Supreme Court Judgement of 28th Feb 2019 for Basic Wages for PF
  • Detail study on various benefit under ESI Scheme (Total 10 Benefits)
  • How to Calculate Gratuity Amount?
  • How to Calculate EDLI (Employee Deposited Linked Insurance) as per the recent amendment under PF Act?
  • Detailed Highlights on Code on Wages 2019.
  • How to Calculate Pension under Employees’ Pension Scheme, 1995?
  • Statutory Compliances under PF, ESIS, Bonus, & Gratuity etc. along with the latest updates.

Introduction

  1. Highlights on New Code on Wage, 2019
  2. Under new Code on Wages, 2019, what will be the percentage of Basic + D.A. + Retention Allowances?
  3. How to calculate EDLI, Pension and Gratuity Amount?
  4. How to calculate Covid – 19 Pandemic advance under the Provident Fund Act?
  5. Whether Covid – 19 Pandemic advance will be available for 2nd time under Provident Fund Act?
  6. What is the minimum and maximum amount of EDLI is payable under PF Act?
  7. What is the interest rate declared for year Yr. 2021-22?
  8. If number of employees are less than 1,000 and more then 1,000 then what will be the PF contribution will be the payable by the Central Government?
  9. Under PF in the year 2021 – 2022, if PF Contribution is more than Rs.5,00,000/- then whether on additional contribution whether TDS will be deducted?
  10. What is the criteria for availing Covid – 19 pandemic advance under PF Act.?
  11. Under ESI Act, how many weeks, maternity benefits are payable?
  12. Under ESI Act, how many weeks benefits for miscarriage are payable?
  13. ESI / PF dues payment has to be made on or before which date?
  14. If any employee has joined his first employment after 1st Sept, 2014 and his salary is more than Rs.15,000/- (Basic +DA) then pension contribution has to be deducted or not?
  15. Whether COVID – 19 disease covered under ESIS Act?
  16. How to count 10 person’s for applicability of ESI Act, as per recent amendments under ESI Act for Shops and Establishment in Maharashtra State?
  17. What is the coverable limit of ESI w.e.f from 1st January 2017?
  18. Whether Covid-19 (Corona Virus Disease) is covered under the ESI Act?
  19. Whether ESI is applicable on Gross Salary or Basic Salary?
  20. ESI Act is applicable to whom and what is its benefit.
  21. Unemployment benefit – payable under the ESI Act? & When?
  22. Whether voluntary coverage under possible under ESI?
  23. ESI Covered Employees after retirement – what is the eligibility criteria.
  24. ESIC: – Documents for Registration / obtaining Code Number.
  25. Whether ESIC Act is Applicable after attaining the 65 years of age.
  26. An employee covered under ESIC has expired at his residence (natural death) whether his family members are entitled for Funeral expenses & Pension also?
  27. When Gratuity is applicable and payable?
  28. Under new Code whether Gratuity to fix term employee for one year
  29. Gratuity / Bonus is payable on which components of salary?
  30. What is the maximum limit under the Gratuity Act, for which Income tax exemption can be claimed?
  31. Whether Employer can pay more amount of Gratuity then prescribed under the Act? If yes under what circumstances?
  32. If monthly salary is Rs. 1.50 Lac (Basic + DA) then whether gratuity is payable?
  33. For one-year fix term employment whether Gratuity is payable under new code?
  34. Minimum number of attendances required for eligibility of bonus.
  35. Bonus is Payable on Rs. 7,000/- or minimum wages under schedule employment when Basic + DA is Rs. 25,000/-
  36. Whether monthly Bonus is payable under the Bonus Act? If yes, then how?
  37. What is salary/wages (Basic + D.A) limit and on what amount Bonus is calculated.
  38. Is there a limit for ex-gratia payment? Is it compulsory?
  39. What is the last date of payment of Bonus for the year April 2020 to March 2021?
  40. Whether ESI is applicable on Conveyance or Travelling Allowance?
  41. When Gratuity is Payable and forfeited?


Princeton Academy Resource https://princetonacademy.in/resource/new-labour-code-and-impact-on-remuneration-planning/

Government of India Labour laws – https://labour.gov.in/