Statutory Compliance for Payroll in India - An Introduction

Statutory Compliance for Payroll in India - An Introduction udemy course

Detailed overview of all statutory compliance requirements related to Payroll processing in India

This course provides a detailed overview and essential resources for understanding statutory compliance relating to payroll processing in India. It focuses on eight key compliance requirements that the payroll department must address.

This includes monthly returns for Provident Fund (PF), Employees' State Insurance (ESI), and Income Tax (IT) as per Form 281. The course also covers the procedure for filing quarterly returns as per Form 24Q with the Income Tax department, and annual returns with ESIC and as per the Payment of Bonus Act. Additionally, it offers a detailed description of filing state-level returns for Profession Tax and Labour Welfare Fund in Karnataka.

For each compliance requirement, you'll find an "Understanding Compliance" document providing supplementary information. Resources also include templates for various return forms and a compliance calendar to help payroll executives maintain a chronological overview of all compliance obligations.

Payroll executives can use this course to familiarize themselves with the essential details of each compliance requirement.

This course is designed to minimize compliance risks and ensure adherence to Indian labor laws. Gain practical insights into navigating the complexities of payroll related legal obligations. Learn to effectively manage documentation and maintain accurate records for audit purposes. Enhance your professional credibility by mastering Indian payroll compliance.