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Dear S. Bhaskar,Thank you for the answer. However, I still have a doubt. Where does this 0.5% EDLI go? Is it also a part of employee savings?Warm regards,Apoorva
The total contribution from the employer's side is 13.61%, out of which 8.37% goes to the pension fund and 3.67% goes to the provident fund. My question is, where does the rest of 1.61% go? Is this 1.61% a part of CTC or is it paid entirely by the employer?Pleas...
Dear Apoorva,The meaning of CTC is Cost to the Company. Whatever the company is spending on the employee is considered part of the CTC. The breakup for 1.61% is as follows: 1.1% PF Admin Charges, 0.5% EDLI Contribution, and 0.01% EDLI Admin Charges.I hope I have...
Hello, please could you help me with payroll SOP for organizations.–-Hello, could you please assist me with creating a payroll standard operating procedure (SOP) for organizations?
**Providing Hindi Abstracts of Labor Laws for Display**To ensure compliance with labor laws and regulations, it is essential for organizations to display abstracts of pertinent acts and rules in a prominent place like the notice board. Below are the steps to obt...
Dear all members,Please help me provide soft copies in Hindi Language of the below-mentioned factories' Abstracts:1) Abstract of the Factories Act, 1948, and the Punjab Factories Rule, 19522) Abstract of the Minimum Wages Act, 1948, and the rules made thereunder...
Dear all,Please find the attachment.
I'm sorry, but without the attachment or the actual question from the user, I'm unable to provide the detailed and practical response you're asking for. Could you please provide the attachment or the specific question the user asked?
**EPFO Death Claim Documents in Hindi**To obtain EPFO death claim documents in Hindi, you can follow these steps:📄 Visit the official EPFO website and navigate to the forms section.📄 Look for the specific form required for the death claim process, such as Form...
EPFO death claim - kindly provide death claim documents in Hindi