Labour Laws & HR Compliances

Provident Fund, ESIC, Gratuity,

Bonu s, Shops Act

Provident Fund Compliance and Calculations

• PF and Pension Calculation.
• EDLI Calculation and Payment Ter ms under PF Act.
• TDS Implications and PF Interest Rates.
• Recent regulatory changes and their impact on compliance.
• PF Dues: Payment Schedule and Delay Penalties.
• Supreme Court Judgement on Basic Wages for PF Contribution.
• Recent changes to pension schemes like Employees’ Pension Scheme (EPS) and Pradhan Mantri Shram Yogi Mandhan (PM-SYM).
• PF Issues & Challenges –
  • Exploring the complexities of salary components and PF contribution calculations.
  • Addressing common errors and discrepancies in PF contributions.
  • Best practices for ensuring accurate and timely PF deductions.
  • Navigating the intricacies of inter-state PF transfers and consolidations.
  • Solutions to common issues faced during PF transfers and withdrawals.
  • Resolving discrepancies in employee PF data.
  • Handling employee grievances and disputes related to PF contributions.
  • Leveraging online PF services and portals for efficient management.

Employees’ State Insurance Act

• Applicability and Registration Process for ESI.
• ESI Coverage Limit Updates and Salary/Wage Components.
• Benefits under the ESI Scheme: Maternity, Miscarriage, and Unemployment.
• ESI Contributions: Payment Dates, Interest, and Damages Rat es.
• Post-Retirement and Age-Related ESIC Coverage.
• Addressing Challenges in ESI Coverage for Different Employment Scenarios.

Gratuity and Bonus Compliance

• Calculating Payment of Gratuity.
• Gratuity Payment: Tax Implications and Forfeiture Conditions.
• Bonus Payment Criteria and Calculation as per The Payment of Bonus Act
• Bonus and Ex-Gratia Payments: Limits and Deadlines.

Comprehending the Maternity Benefit Act

• Key Provisions and Compliance Requirements.
• Challenges in Implementing Maternity Benefits and Solutions

Upcoming Code on Wages and readiness

• New Code on Wage: Key Highlights and Impact Analysis.
• Salary Composition: Basic, DA, and Allowances under New Code.
• Gratuity and Overtime Calculations.
• Managing Compliance: Record Keeping and Legal Updates.