Statutory Compliances

H

hrakash

Akash Desai
Statutory means "of or related to statutes," or what we normally call laws or regulations. Compliance just means to comply with or adhere to. So statutory compliance means you are following the laws on a given issue.
Statutory Compliances For HR:-
ESI
Provident Fund
Profession Tax
Gratuity
The Minimum Wages Act
The Maternity Benefit Act
The Payment Of Bonus Act
The Payment Of Wages Act
Look attached file for more detail.
 

Attachments

hrakash said:
Statutory means "of or related to statutes," or what we normally call laws or regulations. Compliance just means to comply with or adhere to. So statutory compliance means you are following the laws on a given issue.
Statutory Compliances For HR:-
ESI
Provident Fund
Profession Tax
Gratuity
The Minimum Wages Act
The Maternity Benefit Act
The Payment Of Bonus Act
The Payment Of Wages Act
Look attached file for more detail.
Click to expand...

Hy akash, thanks for sharing the information on statutory compliance. Well, as we know that statutory compliance, in HR, represents the legal framework within which organizations must function, in the treatment of their workers. For more detailed information, please download my presentation
 

Attachments

Any idea how to calculate the dividend of the employer in PF, like If 1500Rs deducted from my salary for PF, how much my employer will contribute to my PF?
 
Recently I faced this problem. My another concern is that does this amount from my employer will be considered in calculating CTC
 
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