Provident Fund - ESIC - Gratuity - Bonus - Statutory Compliances

Course Content:

The programme will cover the following aspects for above acts:

1. What is coverable limit of ESI w.e.f from 1st January, 2017?
2. Whether ESI is applicable on Gross Salary or Basic Salary?
3. ESI, PF Act is applicable to whom and what is its benefit.
4. Unemployment benefit – payable under the ESI Act? & When?
5. Whether voluntary coverage under possible under ESI & PF?
6. ESI Covered Employees after retirement – what is eligibility criteria.
7. PF / ESIC: – Documents for Registration / obtaining Code Number.
8. ESI & PF payment has to be made before which date.
9. Whether ESIC Act is Applicable after attaining the 65 years of age.
10. What is the Magic salary / wages of Rs. 15000/- (Basic + D.A) under Provident Fund Act?
11. Whether digital signature is compulsory under PF Act?
12. Who are Excluded Employee under Provident Fund.
13. If Basic Salary is Rs. 18,500/-, Whether PF is compulsorily applicable (Newly Joined Employee) ?
14. Under Employees Deposit Linked Insurance Scheme under PF what is maximum amount payable?
15. Whether Employee Deposit Link Insurance (EDLI) is applicable to all the employees who are covered under Provident Fund Act?
16. What is minimum administrative charges in the PF Challan A/c No.II and Ac. XXII under EPF Act. When company is n operation as well as what will be the administrative charges when company is not functioning?
17. Whether EPF member can discontinue his membership while in employment
18. Minimum number of attendance required for eligibility of bonus.
19. Calculation and Forfeiture of Gratuity and Bonus.
20. Bonus is Payable on Rs. 7,000/- or minimum wages under schedule employment when basic + DA is Rs. 21,000/-
21. Whether monthly Bonus is payable under the Bonus Act? If yes then how?
22. What is salary / wages (Basic + D.A) limit and on what amount Bonus is calculated.
23. When Gratuity is applicable and payable.
24. Gratuity is payable on which components of salary ?
25. What is the maximum limit under the Gratuity Act, for which Income tax exemption can be claimed?
26. When female employee is entitled for the maternity benefit and when it can be forfeited.
27. Is there limit for ex-gratia payment? Is it compulsory?
28. Which four days are compulsory under Maharashtra Shops & Establishment Act
29. Whether we can keep our Establishment / Shop open for 365 days under Maharashtra Shops &Estb. Act?
30. Under Maharashtra Shops &Estb, Act whether Casual Leave and Sick Leave is compulsory?
31. Whether Employer can pay more amount of Gratuity then prescribed under the Act? If yes under what circumstances?
32. What is recent amendment in Maternity Benefit Act? Whether it is for 12 weeks are 26 weeks?
33. Minimum Number of Days attendance required is required for entitlement of Maternity under Maternity Benefit Act
34. Recent amendments / updates on PF, ESI, Bonus Act?
35. Contract Employees: – PF; ESI; Bonus; Gratuity; payable by whom.
36. Non-Compliance by Contractors​.

Target Audience

Who should attend:

• Corporate (Manufacturing, Trading and Service Industry)
• HR Personnel and Pay Roll Processing Personnel
• Admin and Finance Department Personnel
• Traders and Businessmen
• Labour Law Practioners
• Salary Department
• Labour Law Compliance Personnel
• Chartered Accountant, Company Secretary, Cost Accountant,
• Advocates, Chartered Financial Analyst