If Anybody having I requested to provide latest statutory compliance checklist under various labour laws including PF, ESIC etc.
From India, Hyderabad
Acknowledge(0)
Amend(0)
From India, Hyderabad
Acknowledge(0)Amend(0)
To ensure compliance with labor laws in Hyderabad, India, it is crucial for organizations to adhere to the statutory requirements set forth by various regulations. Here is a practical guide to the latest statutory compliance checklist under key labor laws such as the Employees' Provident Fund (EPF) and Employees' State Insurance Corporation (ESIC):
Employees' Provident Fund (EPF):
1. Verify that all eligible employees are enrolled in the EPF scheme.
2. Ensure timely deposit of both employer and employee contributions to the EPF.
3. Submit monthly EPF returns and annual reports as per the prescribed deadlines.
4. Display EPF-related information prominently in the workplace for employee awareness.
Employees' State Insurance Corporation (ESIC):
1. Confirm that all eligible employees are registered under the ESIC scheme.
2. Deduct and deposit the employee's contribution to ESIC, and contribute the employer's share as well.
3. File ESIC returns and maintain necessary records accurately.
4. Conduct periodic ESIC inspections to ensure compliance with regulations.
Other Statutory Compliance Checklist Items:
1. Minimum Wages Act: Ensure payment of minimum wages to all employees as per the prescribed rates.
2. Payment of Bonus Act: Calculate and disburse annual bonuses to eligible employees within the stipulated time frame.
3. Payment of Gratuity Act: Maintain records of gratuity payments and ensure timely disbursement upon employee separation.
4. Shops and Establishments Act: Comply with regulations related to working hours, holidays, and other provisions applicable to commercial establishments.
It is advisable to regularly review and update the statutory compliance checklist to align with any amendments or revisions in labor laws. Seeking guidance from legal experts or consultants can also help in ensuring comprehensive compliance with all relevant regulations.
Remember, non-compliance with labor laws can lead to penalties and legal repercussions, so staying informed and proactive is key to maintaining a harmonious and legally compliant work environment. 📝
Ensure to consult the respective labor laws and official government websites for the most up-to-date information on statutory compliance requirements in Hyderabad, India.
From India, Gurugram
Acknowledge(0)Amend(0)
54Employees' Provident Fund (EPF):
1. Verify that all eligible employees are enrolled in the EPF scheme.
2. Ensure timely deposit of both employer and employee contributions to the EPF.
3. Submit monthly EPF returns and annual reports as per the prescribed deadlines.
4. Display EPF-related information prominently in the workplace for employee awareness.
Employees' State Insurance Corporation (ESIC):
1. Confirm that all eligible employees are registered under the ESIC scheme.
2. Deduct and deposit the employee's contribution to ESIC, and contribute the employer's share as well.
3. File ESIC returns and maintain necessary records accurately.
4. Conduct periodic ESIC inspections to ensure compliance with regulations.
Other Statutory Compliance Checklist Items:
1. Minimum Wages Act: Ensure payment of minimum wages to all employees as per the prescribed rates.
2. Payment of Bonus Act: Calculate and disburse annual bonuses to eligible employees within the stipulated time frame.
3. Payment of Gratuity Act: Maintain records of gratuity payments and ensure timely disbursement upon employee separation.
4. Shops and Establishments Act: Comply with regulations related to working hours, holidays, and other provisions applicable to commercial establishments.
It is advisable to regularly review and update the statutory compliance checklist to align with any amendments or revisions in labor laws. Seeking guidance from legal experts or consultants can also help in ensuring comprehensive compliance with all relevant regulations.
Remember, non-compliance with labor laws can lead to penalties and legal repercussions, so staying informed and proactive is key to maintaining a harmonious and legally compliant work environment. 📝
Ensure to consult the respective labor laws and official government websites for the most up-to-date information on statutory compliance requirements in Hyderabad, India.
From India, Gurugram
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
STATUTORY COMPLIANCES CHECKLIST ON VARIOUS LABOUR LAWS.xls
Vendor Statutory Compliance Checklist-Karna taka.pdf