Dear Seniors, I would be thankful if you let me know the complete payroll processing like salary-break up, ESI/PF formalities, rules related to bonus, gratuity, leaves, tds etc..
Is there any source from where I can get the complete information?
Thanks & Regards
Ravina

From India, Mumbai

Understand the behavioral aspects at individual as well as organizational level →
Promoted: IIM Raipur Executive Development Program In Human Resource Management
Your questions are general not specific first of all you must mention are you working or non working or fresher , if working using any payroll software or not . For PF ESI BONUS, GRATUITY please refer acts.
Please specify your requirement so that you may get needful.
P K MISHRA

From India
Dear Seniors ,
Is it necessary to have a different bank account for PF deductions in salary ?If I am not having the PF Account in any bank then will I can deduct PF or not ?
I am just a fresher to the industry .So,kindly advice by which I shall be obliged.
Thanks & Regards ,
Pranati

From India, Rampur
Dear Seniors,
I would be thankful if you let me know the complete payroll processing like salary-break up, ESI/PF formalities, rules related to bonus, gratuity, leaves, tds etc..
Is there any source from where I can get the complete information.
Thanks & Regards
TRIVEDI

From India, Mumbai
Pranati,
For deducting PF no need of Bank account. When you resign the job and want to withdraw the PF ammount you need bank account. It is advised that dont withdraw the PF amount just transfer the PF amount to new company.
Regards
Praveen

From India, Bangalore
Dear Ravina and TVM
You have asked very lengthy details.
Salary depends upon the Package or the CTC (cost to company). It comprises of Basic Pay, DA, HRA, CCA, and other Allowances (like conveyance, uniform, tiffen etc.)
Deductions comprises of "Statutory Deductions" like EPF@12%/ESI@4.75@/PT@ prescribed/TDS@for individuals etc.) as well as "On Account" deductions (like advance/loan installments/LIC/Savings/fine/penalty etc).
The difference between the two is the "Carry Home Salary".
Bonus and Gratuity are annual and terminal benefits respectively.
==============================
Dear Paranti Devi,
You do not have to have a Bank Account for PF. PF is deducted from your salary and is deposited with RPFC who maintain your account. You need to have a Bank Account for the credit of your Salary to your account. You can also mention this Bank Account to RPFC Authorities at the time of withdrawing the deposits from your PF Account.

From India, Chandigarh
Dear Ravina,
All wages must be above the minimum wages for concern grade workers/staff and later on your company can decide the wages structure by keeping in mind all regulations of ESI/PF/Gratuity/Bonus/leaves/TDS etc...
Please write to my company for more details at
will advse you in a better way.
Dear Pranati,
If any deduction in PF,employer must have PF account(in EPF department),please check with your employer or authority by giving reference of PF deduction.
Best REgards
Sajid

From India, Delhi
Hi can any anybody help me out by sending the list of statutory registers maintained in a Factory under various Labour Laws. Bhagwan dash
From India, Bilaspur
Wishing you a great day!

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From India, Hyderabad
thank madhukotla.....it was very useful to me..i am ram..doing my second masters in uk..business psychology.. if any clarifications can i call to your number or email u..
From India, Bangalore

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