I am going to join an organization in a day or two after completing my MBA. I had worked in HR for about 2-3 years before joining my MBA program. At that time, the PF account of the employee used to be opened through some forms. I have the following questions if any expert could answer them (as per Delhi state rules). I will be very thankful.
Current Process of Opening a PF Account
What is the current process of opening a PF account for a newly joined employee? (Is it online or offline?)
Best Possible Salary Breakup
What could be the best possible salary breakup to provide maximum tax benefits to the employee while complying with all the laws? (Consider a gross salary of 50k).
Monthly Return Filing Process
What is the process of filing returns monthly? Do we have to file, or do we just need to inform the inspector of EPFO? Is it online or offline? Is it mandatory?
Yearly Return Filing Process
What is the process of filing the yearly return? Is it all online or offline? What things do we include in the return? Is it mandatory?
Depositing PF/ESI Amount
How can we deposit the PF/ESI amount to the PF department? Is it monthly? Is it online or offline?
ESI Requirement for Factories
Is it true that ESI is required only for factories?
Salary Processing Details
When we process salary, what details and in what form do we give to the finance department? I actually want to know the method of salary processing.
Thanks in advance!
Current Process of Opening a PF Account
What is the current process of opening a PF account for a newly joined employee? (Is it online or offline?)
Best Possible Salary Breakup
What could be the best possible salary breakup to provide maximum tax benefits to the employee while complying with all the laws? (Consider a gross salary of 50k).
Monthly Return Filing Process
What is the process of filing returns monthly? Do we have to file, or do we just need to inform the inspector of EPFO? Is it online or offline? Is it mandatory?
Yearly Return Filing Process
What is the process of filing the yearly return? Is it all online or offline? What things do we include in the return? Is it mandatory?
Depositing PF/ESI Amount
How can we deposit the PF/ESI amount to the PF department? Is it monthly? Is it online or offline?
ESI Requirement for Factories
Is it true that ESI is required only for factories?
Salary Processing Details
When we process salary, what details and in what form do we give to the finance department? I actually want to know the method of salary processing.
Thanks in advance!