HR Payroll & MIS Training in Ludhiana

Payroll is the process by which employers pay an employee for the work they have done. Any business with employees should have a payroll established. Although, payroll seems like a mundane task, it involves many aspects including, withholding taxes from each paycheck and making sure accurate funds are paid to the correct government agency.

Course Modules:

MODULE  (4 Weeks)

PART – 1

HR LEGAL COMPLIANCE

EPF– THE EMPLOYEE’S PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT, 1952

  • Employer Applicability
  • Employee Eligibility
  • Employer and Employee Contribution
  • EPF Calculation
  • EPF FORMS
  • EPF Online Process
  • New Updates

ESI (Employee’s State Insurance) – THE EMPLOYEE’S STATE INSURANCE ACT, 1948

  • Employer Applicability
  • Employee Eligibility
  • Employer and Employee Contribution
  • ESI Calculation
  • ESI FORMS
  • ESI Online Process
  • New Updates

Gratuity (Central) Act – THE PAYMENT OF GRATUITY ACT, 1972

  • Employer Applicability
  • Employee Eligibility
  • Employer Contribution
  • Gratuity Calculation
  • Gratuity FORMS
  • New Updates

Workmen Compensation Act

  • Employer Applicability
  • Employee Eligibility
  • Concept of DISABLEMENT
  • Calculation of Compensation
  • Procedure of payment
  • Obligation on Employer/HR, Records to be maintained

Payment of Bonus Act

  • Objectives
  • Applicability
  • Eligibility
  • Calculation of Minimum Bonus
  • Calculation of Maximum Bonus
  • Registers & Records
  • Return

Payment of Overtime Act

Equal Remuneration Act

LABOUR LAWS

THE FACTORIES ACT, 1948

  • Employer Applicability
  • Employer Registration
  • Provisions for Employee
  • Obligation to Employer/HR
  • Important FORMS/REGISTERS to be maintained

THE SHOPS AND COMMERCIAL ESTABLISHMENT ACT, 1962

  • Employer Applicability
  • Employer Registration
  • Provisions for Employee
  • Obligation to Employer/HR
  • Important FORMS/REGISTERS to be maintained

THE MINIMUM WAGES ACT, 1948

  • Employer Applicability
  • Employee Eligibility
  • Concept of MINIMUM WAGES, FAIR WAGES, LIVING WAGES
  • Obligation to Employer/HR
  • Disbursement of Minimum wages to Employees
  • Arriving at MONTHLY OR DAILY Minimum Wages
  • Important FORMS/REGISTERS to be maintained

THE PAYMENT OF WAGES ACT, 1936

  • Employer Applicability
  • Employee Eligibility
  • Provisions for Employee
  • Important FORMS/REGISTERS to be maintained

PART – 2

TIME MANAGEMENT & PAYROLL

TIME MANAGEMENT

  • Attendance Calculations
  • Types of Leaves & Leave rules
  • Duties & Responsibilities
  • Attendance Master
  • Leave marking & Leave Register
  • Calculation of Overtime & Leave Encashment.

PAYROLL MANAGEMENT

  • Payroll Processing
  • Payroll Basics
  • Types of Wages
  • Types of Payment Mode
  • Salary Structure Design/ The Pay Structure
  • Salary Components: Basic, HRA, DA, Conveyance, Medical allowance, LTA, Lunch,  Allowance etc.
  • Salary Break up and Designing CTC
  • Calculation of Gros , Net Salary & CTC
  • Calculation of Overtime & Leave Encashment
  • Discussion on Compensation and Benefits
  • Preparation of Salary Sheet, Pay Slip, Full n Final Settlement
  • Salary processing

TAX PLANNING FOR SALARIED EMP

  • PT Slab Rate
  • Income Tax Slab Rate
  • Tax Exemptions of various allowances
  • Tax Deduction
  • Rebate  U/S 87A
  • Education Cess
  • Routine Tax Planning (Investment Declaration Form)
  • TDS Certificate (Form 16)

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