PF Expertise Course Combo (Recorded Course) by Mr. Balamurugan Ranganathan

Course Highlights:

• PF & ESIC Course (Recorded)
• Intricacies in Wages under PF & ESIC (Recorded)
• PF & ESIC - Enrollment & Monthly Return (Recorded)
• PF & ESI Inspection, Notice, Penalty & Judgements (Recorded)
• Bonus & Gratuity (Recorded)
• EPF & ESIC - Advance Course (Recorded)

Content :

1. Provident Fund, History Coverage, Wages Ceiling, Basic Wages, Contribution Limit & Rate And Rules
2. Contribution EE & ER share, EDLI & Admin charges, EPS, Benefits,Claims, Withdrawals & Settlement
3. Advance, Returns, Forms & Penal Provisions, Registration
4. ESI Act 1948, Introduction and History
5. ESI Benefits, Claims Returns

Intricacies in Wages under PF & ESIC

Intricacies in wages under PF

• Understanding the Definition & the concept of “Basic Wages” under PF
• Definition of Contribution and its impact on wages
• Different components of wages and its qualification for PF contribution
• Understanding Hon’ble Court judgments on basic wages

Intricacies in wags under ESI

• Analyzing the definition of wages under ESI
• Inclusion and exclusion under wages
• Why wage is important for availing benefits
• How the Hon’ble Court have held different type of payment as part of wages for calculation of ESI contribution
• Sum-up two days session

PF & ESI – New Employee Enrollment, Monthly return filing

PF- New Employee Enrollment

• Form 2 – relevance and use
• Form 11 - relevance and use
• Online enrollment
• PF wages to be declared
• Relevant documents
• Issues faced during enrollment of new employee
• Date of Joining & Date of Exit ( DOJ & DDOL)

PF- Online filing of Monthly return

• What is ECR?
• Data and format required for monthly return
• Importance of filing monthly return
• Challan generation Different
• heads of Account
• Issued faced during data upload

ESI - New Employee Enrollment

• Form 1 - relevance and use
• Online enrollment
• Relevant documents
• Condition for enrollment
• Issues faced during enrollment

ESI- Online Monthly return

• What is Monthly contribution?
• Format and Data assimilation
• Error faced during data upload
• Challan generation
• Contribution list

PF & ESI Inspection, Notice, Penalty, Proceedings & Appeals

• Need for Inspection
• How inspection is selected
• Procedure followed during inspection
• Who is Inspector /Social Security Officer?
• Notice of Inspection
• Records to be made available
• Assessment of Contribution due
• Shortcomings highlighted
• Show cause Notice
• 7A proceedings under EPFO
• Appeals
• Penalties & Prosecution
• Important Judgments

Course on Bonus & Gratuity

• History of Bonus
• Various amendments to the act
• Applicability
• Employee
• Definition of Wages for the purpose of Bonus
• Eligibility for Bonus
• Disqualification for Bonus
• Minimum Bonus
• Maximum Bonus
• Deduction of certain amount from Bonus
• Time Limit for payment of Bonus
• Act not apply to certain establishment
• Power of Govt. to Exempt
• Computation of Days for Bonus
• Computation of Allocable Surplus – FROM A
• Set on and Set off of allocable surplus – FROM B
• Bonus Paid to Employees FROM C
• Annual Return FROM D
• Computation of Available Surplus
• Recovery of Bonus form Employer
• Dispute resolution
• Maintenance of Records
• Presumption of Books of Accounts
• Inspectors
• Penalty

Payment of Gratuity Act, 1972

• Applicability of the Act
• Wages
• Employee
• Continuous Service
• Eligibility for Gratuity
• Compulsory Insurance
• Power to Exempt
• Nomination
• Determination of amount of Gratuity
• Inspectors
• Recovery of Gratuity
• Penalties
• Cognizance of Offence
• Protection against Attachment
• Act done in Good Faith
• Overriding Act
• Power to Make rules

EPF Act and ESI Act – Advance Course

EPF Highlights

• History
• Coverage
• Employer including Owner/ occupier
• Exempted establishment
• Employee to include casual/contract and others
• Exempted employee
• Excluded employee
• Basic wages in line with court judgments
• Wage Ceiling
• Contribution importance and relevant court rulings
• Voluntary Coverage
• International Workers
• Different Head of Contribution EPF;EPS;EDLI
• Employees Deposit Link Insurance (EDLI)
• Employees’ Pension Scheme (EPS)
• Retirement Age and Benefits
• Determination of Eligible Service
• Determination of Pensionable Service
• Determination of Pensionable Salary
• Benefits on Permanent disablement
• Family Benefits Pension
• Nomination & its importance
• Different Type of Advances
• Penal Provisions
• Interest and Penalty

ESI Highlights

• History
• Coverage
• Contribution
• Wages in line with court rulings
• Employee
• Excluded Employee
• Employer
• Contribution period and Benefit Period
• Employee enrollment time limit
• Failure to Pay Contribution
• Penal Action
• Interest and Penalty
• Medical Benefits
• Cash Benefits
• Family Benefits
• Maintenance of Records
• Filing of Contribution’
• Different Type of Forms
• Importance of updating Establishment details
• Claims & Settlements
• Different Type of Forms
• Importance of Form V Updating
• DSC/E-zine registration
• Contractor Mapping

About Faculty

Mr. Balamurugan Ranganathan Three decades of experience in finance, taxation, labour laws and GST, served at senior level in Corporate entities of PAN India presence with 4k employees.Specialized in handling labour court cases, appeals and judicial proceedings relating to PF & ESI.Currently Consultant & Advisor to corporate and business units on labour laws, legal matters and GST

Terms and Conditions:

• The validity of the Recorded Session: 90 Days with Unlimited Views
• E-Notes will be shared in PDF for reference