Statutory Compliance Services
Statutory Compliance means to comply with statutes and maintaining the
Statutory Compliance mentioned under various labour laws applicable to a particular
industry is the most important requirement of all employers.
In other words, to follow act, rules & regulation under provision of law is called
compliance. For HR Statutory Compliance, we must follow labour laws and maintain
records as prescribed under act.
Improper Statutory Compliances lead to major monetary loss to the organisation in
addition to waste of time and energy. Outsourcing this function could be one of the best
investments in today's highly competitive world.
Our services to the organisation on Statutory Compliance are on.
- Employee’s Provident Fund and Miscellaneous Provisions.
- The Employee’s State Insurance.
- Professional Tax.
- The Minimum Wages.
- The Payment of Wages.
- The Payment of Bonus.
- The Payment of Gratuity.
Employee’s Provident Fund and Miscellaneous Provisions
Act, 1952
- Preparation of monthly PF remittance statement.
- Preparation of PF challan in Quadruplicate in A\c No 1, 10, 2, 21, 22.
- Preparation of Form No.12A
- Preparation of Form No.5 & 10
- Obtaining Form No.2 from new entrants joined during the month.
- Allotment of PF number to new employees on monthly basis.
- Submission of monthly returns in Form No.12A, Form No.5 &10 and
Form.No.2 along with the triplicate copy of the paid challan to PF
Department before 25th of the month.
- Maintaining Form No.11
- Processing of settlement claim Forms in 19 & 10C and submission to PF
department.
- Processing of Form 13 and submission to PF department.
- Processing of Form 20,10D & Form 5(IF) in respect of death claim.
- Submission of Form No.3A & 6A – Annual return before 30th April of every
year.
- Maintenance of Inspection Book.
- Attending to PF related matters/inquiry at PF office.
- Obtaining Form No.23 (Annual Account Slip) from the PF department.
- Maintenance of a database of all employees giving the details of their names,
PF number, transfer/ withdrawal etc for future reference and also to follow
up with RPFC for transfer/withdrawal till process is complete.
The Employee’s State Insurance Act, 1948
- Preparation of monthly ESI remittance statement.
- Generation of online ESI challan for remittance.
- Maintenance of Form No.7 Register.
- Obtaining Form No. 1 from new entrants and generation of TIC within 10
days from the date of appointment.
- Arranging to get Permanent Bio – Metric Cards from ESI Local Office.
- Submission of Accident report in Form No.16 to ESI Dispensaries/ESI Local
Office.
- Maintenance of Accident Register.
- Maintenance of Inspection Book.
- Attending to ESI related matters/hearing at ESI Local Office /Regional
Director’s office.
- Submission of Form No.5 half yearly returns, before 12th May & 11th
November of each year.
- Processing Form No.53 for change of employment, dispensary, address, etc.
- Processing Form No.72 for obtaining duplicate ESI card.
- Processing Form No. 1A/1B for addition /deletion of members of family.
- Processing Form No. 105 availing ESI facilities at outstation.
- Processing Form No.37 to confirm the Re-employment / continuing
employment.
The Professional Tax Act
- Preparation of PT remittance statement.
- Submission of monthly returns in prescribed form to professional Tax office
before 15th of every month.
- Submission of Annual Returns in prescribed form to professional Tax office
before 30th April.
The Minimum Wages Act, 1948
- Maintenance of Salary Register in Form V.
- Maintenance of muster-Roll in Form VII
- Maintenance of Advance Register
- Maintenance of Deduction Register.
- Maintenance of OT Register.
- Maintenance of Register of Fines.
- Maintenance of Wage Slips.
- Display of X Abstract.
- Display of Minimum Wages.
The Payment of Wages Act, 1936.
- Maintenance of Salary Register
- Maintenance of Attendance Register.
- Maintenance of Advance Register
- Maintenance of Deduction Register.
- Maintenance of OT Register.
- Maintenance of Fine Register.
- Maintenance of Wage Slips.
- Display of payment date.
The Payment of Bonus Act, 1965.
- Preparation & Maintenance of Form A, Form B, Form C Register.
- Submission of Annual Return in Form No.D before 30th November.
The Payment of Gratuity Act, 1972
- Maintenance of Form No F – Nomination.
- Processing Gratuity Application Form.
- Display of Abstract on Notice Board