EPFO INQUIRIES & COMPLIANCE MGMT WORKSHOP
Speaker(s): PM HR Academy
₹ 497
About live session
ARE YOU PROPERLY COMPLIANT UNDER EPF & MP ACT REGULATIONS TO AVOID ADDITIONAL LABILITIES WITH 7A, 7Q & 14B INQUIRIES?
If not, you are attracting five times more liability to your organization.
It's time to realign your EPF compliance system with advanced and law-guided practices today and prepare your organization for tomorrow's7A inquiries!
Considering the relevant time factor for reviewing your EPF-compliant system for your organization to ensure minimum liabilities, the SBR (HR) Learning Academy with PMA has arranged a 3-hour live practical workshop on 'EPF Inquiries and Compliance Management by PAN India's known expert faculty.
HOW TO RE-ASSURE EPF COMPLIANCE AND INQUIRY PROCEEDING TO MINIMIZE YOUR STATUTORY LIABILITY AND RISKS
Wages and salaries are the key factorsin smoothing associate relations in organizations and keeping employees motivated.
As a traditional practice in the employer-employee relationship, the employees are paid monthly, given annual increments, and others that can attract epfo inquiries under Section 7A.
Also, in the states, even the minimum wage is revised twice a year. Since it is an appropriate time to review your EPF contribution calculation to see if it is as per the regulations or if it is attracting additional statutory liabilities,
For instance, if you are paying House Rent Allowance (HRA),which is part of wages but excluded by the definition of basic wages, and on the other side, you're paying a fixed basic pay, what will the actual exercise be for EPF contribution calculations?
The Power & Areas where PF commissioner can initiate an inquiry into the matters, including
- Cases where a dispute arises regarding the applicability of the EPF Act to an establishment;
- Cases involving the determination of the amount due from any covered establishment under the EPF Act, and the schemes framed thereunder;
- Cases involving the determination of entitlement of an employee for the membership; and
- Cases involving breach of the provisions of exempted provident fund trust
SEATS ARE BOOKING FAST!!
WORKSHOP DETAILS
HOW TO DEVELOP EPF COMPLIANCE SYSTEM THAT SAFEGUARDS YOUR ORGANISATION FROM STATUTORY LIABILITY AND RISKS UNDER 7A, 7Q AND 14B
Workshop Date: Sunday
Duration: 3 hours
Time: 15:00 to 18:00 p.m.
Venue: Zoom Live
Fees: INR 1599/- per participant; early bird INR 497/- today only
Register now: https://rzp.io/l/gL2A2BVs
In association with SBR Learning Studio, IAIHR, | PEOPLE MANAGER
How do I avoid EPF contribution calculation mistakes and correct them?
Unfair PF remittance practices are the top factor contributing to industrial distress in the organization.
What factors determined the EPF commissioner to initiate Initiative 7—an inquiry against the organization?
How can the EPF authority initiate 7-A inquiries without identifying beneficiaries?
In what context can EPF authority initiate 7-A inquiries against the principle employer in case of contract default?
Are you someone who wants to change their career trajectory and shift towards the most prestigious, highest-paid, and most in-demand HR skill of 2023—IR?
This workshop is for you!
By the end of the workshop, you’ll be able to:
- Identify EPF contribution calculation mistakes and how to correct them.
- How to avoid company liabilities for late payment of EPF contributions
- How to lower penal damages for non-payment of EPF contributions.
- How to deal with 7A inquiries under EPF
- Challenges, risks, and solutions for 7Q and 14B under EPF.
- Challenges, risks, and solutions for a higher pension under the EPF
- Have a cutting edge in your organization with better insights in associate relations and employee motivation.
- Propose a solution to unwanted statutory liability in your organization by using an attractive and economical wage structure formula.
- Understand how to utilize statutory prescriptions to make better PF Compliance decisions.
Aligned with court judgment for a better Compliance under EPF.
*Solving real statutory challenges using an effective PF compliance system
*Making your wage structure more aligned and predictable leads to zero liability.
*Prescribe a PF liability solution based on an aligned compliance structure.
Special Bonus Worth INR 3000/-
Ideal wage components
Wage Calculation Worksheet
Four types of wage structure
7A inquiries analysis worksheet
PF inquiries dealing templates and letter format's
Participation Certificate
Only for first 10 Seats !
What you'll learn
Design an effective PF compliance system based on court judgments.
Main Components of the Ideal Wage Structure accompany to PF liabilities
How to assess PF panel risks Without Statutory Liability
Four Principles of PF Compliance system design Based on Court Judgment
How to with Authorities under 7A, 7Q & 14 B cases.
Get expert advice to document preparation and communication with EP.
Calculation Sheet for Decision-Making and Participation Certificate