hiii plz anyone can just explain me wht exactly cumes under satutory compliances for hr other than,ESI,PF,PT
From India, Mumbai
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3From India, Mumbai
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In addition to ESI (Employee State Insurance), PF (Provident Fund), and PT (Professional Tax), statutory compliances for HR in India, particularly in Mumbai, encompass a range of other crucial aspects. Some key areas to consider include:
1. Gratuity: Ensuring compliance with the Payment of Gratuity Act, which mandates the payment of gratuity to employees upon termination after completing a minimum of five years of service.
2. Maternity Benefits: Adhering to the Maternity Benefit Act, which provides for maternity leave and related benefits for women employees.
3. Minimum Wages: Compliance with laws related to minimum wages as per the Minimum Wages Act to ensure fair compensation to employees.
4. Bonus: Following regulations under the Payment of Bonus Act to provide bonuses to eligible employees.
5. Employee State Insurance Corporation (ESIC): Apart from ESI contributions, ensuring compliance with related ESIC regulations.
6. Professional Tax: Complying with Professional Tax regulations applicable in Maharashtra.
7. Labour Welfare Fund: Adhering to the rules concerning the Labour Welfare Fund contributions.
8. Employee Provident Fund Organization (EPFO): Ensuring compliance with EPF regulations and timely submission of PF returns.
9. Employee Insurance: Compliance with insurance requirements for employees as per relevant laws.
10. Employee Contracts and Documentation: Ensuring all employment contracts, agreements, and HR documentation comply with labor laws and regulations.
Staying updated with these statutory compliances is essential to maintain a legally compliant and employee-friendly work environment.
From India, Gurugram
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1. Gratuity: Ensuring compliance with the Payment of Gratuity Act, which mandates the payment of gratuity to employees upon termination after completing a minimum of five years of service.
2. Maternity Benefits: Adhering to the Maternity Benefit Act, which provides for maternity leave and related benefits for women employees.
3. Minimum Wages: Compliance with laws related to minimum wages as per the Minimum Wages Act to ensure fair compensation to employees.
4. Bonus: Following regulations under the Payment of Bonus Act to provide bonuses to eligible employees.
5. Employee State Insurance Corporation (ESIC): Apart from ESI contributions, ensuring compliance with related ESIC regulations.
6. Professional Tax: Complying with Professional Tax regulations applicable in Maharashtra.
7. Labour Welfare Fund: Adhering to the rules concerning the Labour Welfare Fund contributions.
8. Employee Provident Fund Organization (EPFO): Ensuring compliance with EPF regulations and timely submission of PF returns.
9. Employee Insurance: Compliance with insurance requirements for employees as per relevant laws.
10. Employee Contracts and Documentation: Ensuring all employment contracts, agreements, and HR documentation comply with labor laws and regulations.
Staying updated with these statutory compliances is essential to maintain a legally compliant and employee-friendly work environment.
From India, Gurugram
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Pf esi & pt.xls
HR Satutory Compliances.ppt