A number of labour laws are applicable to a business organization. Therefore, each organization needs to understand such laws so that they can be complied with in all aspects of the organization. This course gives you a firm grounding in both the theory and practical application of Employees Provident Fund and Miscellaneous Provisions Act, 1952.
We will cover topics such as Understanding the meaning of Payroll, Various stages in Payroll Process, Pay Cycle, Applicability and Coverage of the Act, Employees Pension Scheme (EPS), Monthly workings under PF and Pension, PF & EDLI Administrative charges and so on.
Additionally, you will study typical cases in Provident Fund and Pension calculations. Finally, the course will walk you through 19 different practical scenarios at an organization.
Provident Fund course is one of the six courses of “Payroll – Compliances and Management”.
This course on Provident Fund, a retirement benefit, gives insights on:
Upon successful completion of this course, you will be able to:
Having shared my work experience in this course I'd say this course shall accelerate career growth for freshers and mid level executives handling Payroll either in Human Resources or in Accounts & Finance.
What will you gain from this course?
Understand the Compliances under Provident Fund.
The ability to calculate deductions towards Provident Fund and Pension.
Cases covered shall enable you to handle similar scenarios at work.
The ability to handle payroll tasks independently.
This course shall start with the fundamentals.
However skills required include,
Basics in mathematics such as Addition, Subtraction, Multiplication and Division.
No prior knowledge or understanding in Law, Business or Finance is required.
Initiative of a management graduate with work experience in Finance, Oil & Gas, Transportation & Logistics sector.
Aditya Kiran, has MBA and M.Com, and has worked with leading companies based out of Mumbai. In addition, has independently rolled out the salaries of nearly 4000 employees along with other responsibilities in the Payroll Division on a monthly basis for years together. Presently, trains employees working in organisations on practical aspects in Tax, Payroll, Finance and Accounts. Further, mentors commerce students for University exams.