Knowledge of HR is becoming increasingly important for employers, with increasing regulations and guidelines which must be followed. Employees are considerably more aware of their rights than in previous years, with significantly greater numbers of tribunals brought against employers. With this in mind, it is especially important that employers protect their businesses by maintaining a strong understanding of HR.
Module 1: Statutory & Legal Compliance
1. ESI ACT-1948 & PF ACT-1952
c) Contributions From Both Employee & Employer
d) Filing( Monthly & Half Yearly)
f) Filling The Forms
2. GRATUITY ACT-1972 & BONUS ACT-1965
a) Coverage & Eligibility
c) Tax Exemptions Limit
Module 2: Compensation And Benefits
a) The pay structure
b) ) Leave management (CL, EL, SL, and ML)
c) Basic, HRA, DA, Conveyance, Medical Allowance, Lunch allowance etc
d) ESI,PF Calculations
e) Calculation of Gross , Net salary & CTC
f) Preparation of Break-up salary, Designing CTC and salary break up and discussion on Compensation and benefits.
2. TAX PLANNING FOR SALARIED EMP
a) PT- Slab Process
b) TDS (Salaried People)
c) Slab Process of TDS
d) Calculation of TDS for Men, Women,Senior Citizens
e) Education Cess
f) Routine Tax Planning
g) Tax Exemptions Under different Sections
Module 2.1: MS Excel- Lab Session
a) PF report in Excel sheet
b) ESI report in Excel sheet
c) Professional report Tax
d) MIS Reports in Excel sheet.
e) Pivot Table,.
f) Auto & Advanced filters
g) V-Lookup, H-lookup
h) Splits and Freeze panes
i) And lots more to prepare MIS Reports.