The recent Supreme Court ruling expanding the scope of 'basic wages' for calculation of employee provident fund. The ruling is important as many employers calculate Provident Fund contributions on basic salary only, so this ruling may have a significant impact on such employers.
There are a number of labor laws applicable to run a business organization. Therefore each organization needs to know about them so that they can be complied with. In case of any failure, ignorance of the law will not be acceptable. In modern times, all corporate organizations, therefore, make every effort to ensure that all labor laws as applicable to their kind of organization where are complied with.
Moreover, the program allows you to catch up on all developments in this field with value for all those who need to stay on top of this area of law. It helps in creating a healthy work culture in an organisation with employers and employees. With the objective of making the corporate managers aware of the most important of such Laws and their broad provisions, the program has been organized.
With Latest Amendments :
The Maharashtra Shops & Establishment Act 1948 (With Latest Amendments)
The Employees State Insurance e Scheme (ESIC) 1948.
The Payment of Bonus Act 1948.
The Payment of Gratuity Act, 1972.
The Employees Compensation Act, 1923.
The Maternity Benefit Act, 1961.
The Maharashtra State Profession Tax Act, 1975.
The Maharashtra Labour Welfare Fund Act, 1953.
Who Should Attend :
Corporate (Manufacturing, Trading and Service Industry)
HR Personnel and Pay Roll Processing Personnel
Admin and Finance Department Personnel
Traders and Businessmen
Labour Law Practitioners
Labour Law Compliance Personnel
Chartered Accountant, Company Secretary, Cost Accountant,
Advocates, Chartered Financial Analyst
The program will cover the following aspects for the above acts
Recent / Latest Amendments
Coverage & applicability
Care to be taken by the employer to avoid penal consequences
Important judicial pronouncements
Practical issues in day to day compliance.
Key Points: -
Maharashtra Shops & Establishment Act :
If a number of employees are less than 10 whether under amended Maharashtra Shops & Establishment Registration Certificate is required?
For maximum how may years under amended Maharashtra Shops & Establishment Registration Certificate can be obtained?
Maximum working hours of Overtime in Quarter under amended Maharashtra Shops & Establishment Act can be done?
Whether Casual Leave is compulsory under the amended Maharashtra Shops & Establishment Act? If yes, then how many days in a year?
How to calculate privilege leave under the amended Maharashtra Shops & Establishment Act?
How many days Privilege Leave can be accumulated under the amended Maharashtra Shops & Establishment Act?
How many National & Festival Holidays applicable under the amended Maharashtra Shops & Establishment Act are compulsory?
What is the Penalty for non-compliance & non-production of records to Inspector under amended Maharashtra Shops & Establishment Act?
Whether Female Employee is allowed to work after 9:30 pm to 7:00 am? if yes then what are the condition applied?
Whether Annual Return to be filed under amended Maharashtra Shops & Establishment Act?
Other Statutory Compliances:
Under Employees Deposit Linked Insurance Scheme under PF, what is the maximum amount payable?
Whether Employee Deposit Link Insurance (EDLI) is applicable to all the employees who are covered under the Provident Fund Act?
What is the minimum amount payable under Employee Deposit Link Insurance (EDLI) as per the recent amendment?
What are minimum administrative charges in the PF Challan A/c No?II and Ac. XXII under EPF Act. When a company is n operation as well as what will be the administrative charges when the company is not functioning?
Whether EPF member can discontinue his membership while in employment?
A minimum number of attendance required for eligibility of bonus.
Calculation and Forfeiture of Gratuity and Bonus.
Bonus is Payable on Rs. 7,000/- or minimum wages under schedule employment when basic + DA is Rs. 21,000/-
Whether monthly Bonus is payable under the Bonus Act? If yes then how?
What is salary/wages (Basic + D.A) limit and on what amount Bonus is calculated?
When Gratuity is applicable and payable.
Gratuity is payable on which components of salary?
What is the maximum limit under the Gratuity Act, for which Income tax exemption can be claimed?
When a female employee is entitled to the maternity benefit and when it can be forfeited.
Is there a limit for ex-gratia payment? Is it compulsory?
Whether Employer can pay more amount of Gratuity then prescribed under the Act? If yes under what circumstances?
What is a recent amendment in the Maternity Benefit Act? Whether it is for 12 weeks are 26 weeks?
Minimum Number of Days attendance required is required for entitlement of Maternity under the Maternity Benefit Act