Understanding HR Statutory Compliances: How Can We Improve This Presentation?

Hi All,

I have attached a PowerPoint presentation about "Business Laws related to HR". I have compiled them from N.D.Kapoor's "Elements of Mercantile Law". Please make use of it and write your comments for further improvement. All the Best.

Note: Self-learning is the best way to learn Statutory Compliances in HR.

Regards,
Priya. :icon1:

Hi All,

I have removed the attachment in this post and uploaded the latest version here as well as in post #91. Kindly download that and use it. The name of the PowerPoint presentation is "Statutory Compliances for HR_Full Version."

Dear Priya,

I appreciate your effort in designing the PPT. It is very informative.

Regards,
Keshav.

Dear Priya,

I appreciate your effort in designing the PPT. It is very useful to understand compliance. Keep updating the same.

Regards,
Rajesh
New Delhi

Hi All,

I have attached a PPT about "Business Laws related to HR." I have compiled them from N. D. Kapoor's "Elements of Mercantile Law." Please make use of it and write your comments for further improvement. All the best.

Note: Self-learning is the best way to learn Statutory Compliances in HR.

Regards,
Priya.

Hi Priya,

Despite some genuine aberrations pointed out by Shri Sajid Ansari, you have made a commendable effort in preparing this presentation for all. Keep up your efforts. God bless you.

Y. K. Kalia, Advocate (Sr. Ctzn.)

Hi Priya,

Good job! However, you could have made an even better presentation by including the Public Utility Services (First Schedule) in The Industrial Disputes Act, 1947, which is a very important aspect of this Act. In the Employees' State Insurance Act, 1948, the applicability of the Act for employees is Rs. 10,000 per month (Gross Salary).

For labor laws, please refer to the books of H.L. Kumar and P.L. Mullick.

Regards,
Balakram Majhi

Hi, everybody,

Can you explain what integrity is? If two employees had MBAs in 2001, one earning a salary of Rs. 50,000/- and the other earning Rs. 30,000/-, is this right or wrong?

Thank you, Priya, for your post.

Mr. Sajid Ansari,

I also agree with you, but instead of sending the correct PPT via email, please post it on this forum. This way, it can be beneficial for all of us.

KCP

Dear Madam,

It's great to see your wonderful and useful posting on Statutory Compliances. The Bonus Act has been amended, increasing its ceiling to Rs. 3500/- with effect from 01/04/2007.

With warm regards,

S. Bhaskar
9908732667
email: boss2966@yahoo.com

Dear Priya,

Could you please explain how the age factor is calculated? For example, you mentioned that for age 16, the factor is 228.54. How was this value derived? Is there a specific formula for this calculation?

Please send your response to [Login to view].

Thank you and regards,
Maha

Hi Priya,

Very good effort! I appreciate the PowerPoint presentation made by you. The background and fonts used are very apt. Please update it after some time, incorporating all the suggestions, and repost it.

Thanks and regards.

Hi Priyadarshini,

This is a very good effort. The pains undertaken can be seen from the methodology used in disseminating so much info. Repeated readings will surely help you fine-tune this wonderful effort.

A couple of suggestions that could be added either in the Employer's responsibility or elsewhere are to ensure the maintenance of a congenial work atmosphere and the prevention of sexual harassment.

Think about it.

Regards

Hi,

Useful information. If you have any presentation on statutory regulations applicable to factories, please forward.

Regards,
Hariharan N

Dear Ma'am,

Great work, and your PPT shows there is a lot of pain involved in it. But I believe there are some amendments to be made in the bonus and other acts. Correct me if I am wrong.

Regards,
Saran.

Dear Ms. Priya,

This presentation is good, but there is one mistake: the payment of gratuity shall not exceed Rs. 10,00,000.

Hi, Mr. Sajid,

Thank you for your comments. As I mentioned in that PowerPoint presentation, I have compiled this information from a book titled "Elements of Mercantile Law by (2007)." The same words are used in that book. There may have been a lot of changes happening after this book was written, and I will rectify the errors and enhance the material in future versions.

I'm encountering an error after clicking the link Global Overseas: BFSI Audit, third-party audit & compliance consultant, "We are facing a technical problem, please visit later." My email id is priyadharshini.nallaswamy@gmail.com. Kindly send your free study materials and reference PowerPoint presentation so that I can further enhance my knowledge.

The list of various Central Labour Acts is detailed on the website List of various Central Labour Acts - Govt. of India (link updated to site home) (Search On Cite | Search On Google).

We all can make use of it.

Dear Vidya Nair,

I will send you the final version after rectifying some errors and including other laws such as The Contract Labour (Abolition & Regulation Act), Professional Tax, etc.

To All,

Thank you for all your interest shown in my work. I'm pleased to have these many helping hands...! :)

Thanks & Regards,
Priya

Dear Maha,

As of now, I could not find any specific formula for determining this relevant age factor value. But I can explain the logic behind it. This factor value decreases as age increases, indicating that earning potential and the number of years until retirement are decreasing with age.

For ages up to:
16 - the relevant factor is 228.54
17 - 227.49
18 - 226.38
19 - 225.22
...
30 - 207.98
...
40 - 184.17
...
50 - 153.09
...
60 - 117.41

And so on until 65 or older - 99.37.

This information is provided in the book. I will find and share more details with you in the future, and others may also assist us in this matter.

I have attached a PowerPoint presentation about "Business Laws related to HR". I have compiled them from N.D. Kapoor's "Elements of Mercantile Law". Please make use of it and write your comments for further improvement. All the best.

Note: Self-learning is the best way to understand Statutory Compliances in HR.

apostille info

This is enshrined in the Act itself; hence, there is no question for any formula or calculations. While framing this Act, the lawmakers must have consulted experts in this area like insurance actuaries. Just for information, it is based on the "earning capacity" of an individual throughout his life; therefore, a younger person has a whole life to earn, hence a higher value; and vice versa for an older person.

Hope I have been able to clarify the doubts.

Regards.

Hi Priya,

It's a really valuable presentation and very helpful for me.

Regards,
Sivasankar.U

Hi All,

I'm attaching the revised version of ppt on "Business Laws related to HR" based on your valuable comments. Now totally 23 Acts are included in this ppt and they are listed below:

1. Indian Contract Act, 1872
   
2. Workmen's Compensation Act, 1923
   
3. Trade Unions Act, 1926
   
4. Partnership Act, 1932
   
5. Payment of Wages Act, 1936
   
6. Industrial Employment (Standing Orders) Act, 1946
   
7. Industrial Disputes Act, 1947
   
8. Factories Act, 1948
   
9. Employees' State Insurance Act, 1948
   
10. Minimum Wages Act, 1948
    
11. Employees' PF & Miscellaneous Provisions Act, 1952
    
12. Company Act, 1956
    
13. Employment Exchanges Act, 1959
    
14. Apprentices Act, 1961
    
15. Maternity Benefits Act, 1961
    
16. Payment of Bonus Act, 1965
    
17. Contract Labour Act, 1970
    
18. Payment of Gratuity Act, 1972
    
19. Equal Remuneration Act, 1976
    
20. Professional Tax Act, 1976
    
21. Interstate Migrant Workmen Act, 1979
    
22. Child Labour Act, 1986
    
23. Unorganized workers social security Act, 2008
    

I hope, this will serve as a base document for your future learning in Statutory Compliances. I have rectified the errors after verifying the latest amendments and in case if you still find any, kindly notify me in this thread or to my mail id.

Thank you one and all... for all your appreciations & valuable comments!!!:)

Hi Priya,

I appreciate your efforts, more so because they are honest and original.

Regards.

Hi Priya,

I appreciate your efforts, more so because they are honest and original.

Regards.

Hi Priya,

Thank you for sharing the presentation. It's a good one. Please continue posting good PowerPoint presentations. I am also interested in learning more about the employment laws and compliance details in the USA and the UK. If you have any PowerPoint presentations on these topics, could you please share them with me?

Thanks,
Manoj

Priya, very nice job! Great effort. Thank you. I just joined the hotel industry as an Executive HR, and this is very useful for me. Again, thank you, dear. If you need any suggestions, where can I message you?

Thank you for the wonderful information provided. Could you please update me on the statutory bonus act limit where the wage limit has increased to 10,000/- to be eligible for the statutory bonus? I would be grateful if you could provide me with the necessary information.

Hi Priya,

I acknowledge your efforts to compile the same. I appreciate your invitation for improvement.

RAM Akella

Hi Priya, I wholeheartedly appreciate your effort in making a very informative presentation for the HR fraternity. Really well done.

Regards,
smart2008

I want to add one more thing that was mentioned in this presentation. On slide number 32, there is a mention of admin charges in the employer's share of contribution, i.e., 1.16%. However, based on my knowledge, admin charges are to be paid on ESI contributions. Kindly check. Otherwise, it is a very good compilation of rules and regulations.

Regards

Hi. I found this really nice book on HR laws/compliances, a soft copy of which is available at Evaluer- Legal Support for Employers and Employees.

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