Good Afternoon to All,
I am working with a nutrition firm, and the company is registered under the Shop & Establishment Act. I would like to know all the statutory annual return filings to be completed by the HR Department and request you all to share the format. I am only familiar with PF and ESIC filings. Kindly assist if there are any other filings that need to be managed, particularly by HR.
**Location**: Mumbai, India
City-India-Mumbai, Country-India, HR department, annual return,
From India, Mumbai
I am working with a nutrition firm, and the company is registered under the Shop & Establishment Act. I would like to know all the statutory annual return filings to be completed by the HR Department and request you all to share the format. I am only familiar with PF and ESIC filings. Kindly assist if there are any other filings that need to be managed, particularly by HR.
**Location**: Mumbai, India
City-India-Mumbai, Country-India, HR department, annual return,
From India, Mumbai
In the context of annual return filings for a nutrition firm registered under the Shops and Establishments Act in Mumbai, India, it's crucial for the HR Department to ensure compliance with various statutory requirements. Apart from PF (Provident Fund) and ESIC (Employee State Insurance Corporation) filings, there are several other filings that need to be managed. Here are some common statutory annual return filings that HR needs to handle:
1. Professional Tax:
- In Maharashtra, professional tax is applicable. HR needs to ensure timely payment and filing of professional tax returns.
2. Gratuity:
- The Payment of Gratuity Act requires employers to maintain records and file annual returns related to gratuity payments to employees.
3. Labour Welfare Fund:
- Depending on the state, there may be a requirement to contribute to the Labour Welfare Fund, and annual returns related to this fund need to be filed.
4. Minimum Wages:
- Compliance with minimum wages laws is essential. HR should maintain records and file annual returns related to minimum wages.
5. Bonus:
- The Payment of Bonus Act mandates the payment of bonuses to eligible employees. HR needs to file annual returns related to bonus payments.
6. Leave Records:
- Maintaining accurate records of leave availed by employees is crucial. HR should ensure proper documentation and filing of leave records.
Please note that the specific requirements may vary based on the size of the organization, industry sector, and other factors. It's advisable to consult with a legal or compliance expert to ensure comprehensive adherence to all statutory obligations.
From India, Gurugram
1. Professional Tax:
- In Maharashtra, professional tax is applicable. HR needs to ensure timely payment and filing of professional tax returns.
2. Gratuity:
- The Payment of Gratuity Act requires employers to maintain records and file annual returns related to gratuity payments to employees.
3. Labour Welfare Fund:
- Depending on the state, there may be a requirement to contribute to the Labour Welfare Fund, and annual returns related to this fund need to be filed.
4. Minimum Wages:
- Compliance with minimum wages laws is essential. HR should maintain records and file annual returns related to minimum wages.
5. Bonus:
- The Payment of Bonus Act mandates the payment of bonuses to eligible employees. HR needs to file annual returns related to bonus payments.
6. Leave Records:
- Maintaining accurate records of leave availed by employees is crucial. HR should ensure proper documentation and filing of leave records.
Please note that the specific requirements may vary based on the size of the organization, industry sector, and other factors. It's advisable to consult with a legal or compliance expert to ensure comprehensive adherence to all statutory obligations.
From India, Gurugram
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