Module 1 Statutory And Legal Employee Benefits

(1) EPF & MISCELLANEOUS PROVISIONS ACT, 1952

  • EPFO Act and its scope
  • Objectives-Applicability-Eligibility
  • Rate of Contribution /Share
  • Pension Eligibility & Calculation
  • EDLI Eligibility-Benefit Calculation

Practical Training/Online Session/Workshop

  • Log-in EPF Portal Registration
  • Registration/Exit of Individual-Single/Bulk
  • Various Approvals to be done by Employer
  • Usage andscope of Digital signature
  • Coverage Registers & Records
  • Various Returns to be filed
  • Various Forms- 19/10C/31/13 (Withdrawal, Transfer)

Additional:

All relevant interview questions from the topic Mock Interview on the topic

(2) EMPLOYEE STATE INSURANCE ACT, 1948

  • Objectives -Applicability -Eligibility
  • Rate of Contribution / Share

Practical Training/Online Session/Workshop

  • Log-in ESIC Portal
  • Registration/Exit of IP-Single/Bulk
  • Registration / Coverage
  • I-card for Treatment x
  • Registers & Records
  • Various Returns Various Forms
  • ESI Benefits- Medical/Cash Benefits/Unemployment Allowances/Disability extended coverage etc- Explained
  • Contribution Period & Benefit Period

Additional:

All relevant interview questions from the topic Mock Interview on the topic

(3) PAYMENT OF BONUS ACT, 1965

  • Objectives-Applicability-Eligibility
  • Disqualification from Bonus Benefit- rules
  • Maximum & Minimum Bonus
  • Bonus Payment timeline and fine
  • Amendment act-2015 Explained New
  • Available Surplus & Allocable Surplus
  • Set On/Set Off

Practical Training

  • Calculation of Minimum Bonus
  • Calculation of Maximum Bonus
  • Forms & Registers- FORM A, FORM B, FORM C
  • Annual Return Filing- FORM D
  • How to handle inspections
Cases and Judgments

(4) PAYMENT OF GRATUITY ACT, 1972

  • Objectives-Applicability-Eligibility
  • Disqualification from Gratuity- rules
  • Gratuity Payment timeline and fine
  • Gratuity of seasonal employees
  • Nomination Form & formalities
  • Effect on salary structuring

Practical Training

  • Calculation of Gratuity
  • Maximum Gratuity and Taxability
  • Group Gratuity Policy
  • Various Forms
  • Display
  • Annual Return Filing- FORM D
  • How to handle inspections
Cases and Judgments