LABOUR LAW AND COMPLIANCES
What is a PTEC and PTRC Certificate?
Professional tax is a state-imposed tax that is levied on the income produced by employees who provide services. ADMS Expert will assist you in registering for Professional Tax without leaving the comfort of your own home.
- PTEC (Professional Tax Enrollment Certificate): This is paid by the business entity, owner or a professional i.e. Private/ Public Limited Company, Sole Proprietor, Director Etc.
- PTRC (Professional Tax Registration Certificate): Government or Non- Government employer deducts the tax from the employee’s wages and deposits the same to the government.
EPFO and ESIC Registration
Annual RoC (Registrar of Companies) compliance for companies refers to the statutory obligations that companies registered in India must fulfill annually to remain compliant with the regulations set forth by the Ministry of Corporate Affairs (MCA). These compliance requirements are essential for maintaining transparency, accountability, and good corporate governance practices.
Aspects Of Annual Roc Compliance:
Annual General Meeting
Filing of Annual Returns
Financial Statements
Aspects Of Annual Roc Compliance:
Annual General Meeting
Filing of Annual Returns
Financial Statements
Ensure your workplace is compliant with labor laws
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EPFO and ESIC Monthly Challan/Return
EPFO Monthly Challan/Return:
Employers are required to submit a monthly provident fund (PF) challan to the EPFO, detailing the contributions made by both the employer and the employee towards the EPF scheme. This includes contributions towards the Employee Provident Fund (EPF), Employee Pension Scheme (EPS), and Employee Deposit Linked Insurance Scheme (EDLI). Along with the challan, employers also need to file a monthly return providing details of the employees, their salaries, and the contributions made on their behalf.
Employers are required to submit a monthly provident fund (PF) challan to the EPFO, detailing the contributions made by both the employer and the employee towards the EPF scheme. This includes contributions towards the Employee Provident Fund (EPF), Employee Pension Scheme (EPS), and Employee Deposit Linked Insurance Scheme (EDLI). Along with the challan, employers also need to file a monthly return providing details of the employees, their salaries, and the contributions made on their behalf.
ESIC Monthly Challan/Return:
Similarly, employers must submit a monthly contribution challan to the ESIC, reflecting the contributions made towards the Employees’ State Insurance (ESI) scheme. This includes both the employer’s and employee’s contributions towards health insurance and other benefits provided under the ESIC scheme. Employers are also required to file a monthly return along with the challan, providing details of the employees covered under the ESIC scheme, their wages, and the contributions made.
Similarly, employers must submit a monthly contribution challan to the ESIC, reflecting the contributions made towards the Employees’ State Insurance (ESI) scheme. This includes both the employer’s and employee’s contributions towards health insurance and other benefits provided under the ESIC scheme. Employers are also required to file a monthly return along with the challan, providing details of the employees covered under the ESIC scheme, their wages, and the contributions made.
Payroll Management Services
Payroll management services involve the administration and processing of employee compensation, including salaries, wages, bonuses, and deductions. These services encompass a range of tasks, from calculating payroll taxes and statutory deductions to generating paychecks or direct deposits for employees.
Here are some key aspects of Payroll Management Services:
- Salary Calculation
- Tax Compliance
- Statutory Deductions
- Direct Deposit and Paychecks