Payroll Processing Practical Training

by Megara Infotech Claim Listing

The payroll management system is a set of processes that helps you streamline salaries, bonuses, deductions, taxes, and other necessary aspects of the net pay of all the employees in your organization.

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Course Details

The payroll management system is a set of processes that helps you streamline salaries, bonuses, deductions, taxes, and other necessary aspects of the net pay of all the employees in your organization.

 

Course Module:

  • Module 1- Employee’s Provident Fund Act
  • 1. EPF, VPF, RPF, etc.
  • 2. Computation of Monthly PF Contribution
  • 3. Computation of Interest and Penalty
  • 4. Computation of Monthly Pension
  • 5. Computation of EDLI Amount
  • 6. Penalty
  • a) Online Registration of Establishment
  • b) Online Generation of UAN
  • c) Online Submission of KYC
  • d) Online ECR Generation
  • e) Online Bulk Exit
  • MODULE 2 - EMPLOYEE’S STATE INSURANCE ACT
  • 1. Computation of Monthly ESI Contribution
  • 2. Computation of Interest and Penalty
  • 3. ESI Benefits
  • 4. Contribution Period and Benefit Period
  • 5. Penalty
  • a) Online Registration of Establishment
  • b) Registration of Branch/ Sub-Code
  • c) Online Generation of TIC
  • d) Online IP Mapping with Aadhaar
  • e) Online Challan Generation
  • Module 3- Epayment Of Bonus Act
  • 1. Registers and Records
  • 2. Calculation of Bonus
  • 3. Calculation of Allocable Surplus
  • 4. Computation of Set-on and Set-off
  • 5. Penalty
  • 6. Return
  • Module 4- Payment Of Gratuity Act
  • 1. Calculation of Gratuity
  • 2. Maximum Gratuity and Taxability
  • 3. Group Gratuity Policy
  • 4. Forms Filing
  • Module 5- Tax Planning For Salaried Employee
  • 1. LWF Slab Rate
  • 2. PT Slab Rate
  • 3. Income Tax Slab Rate
  • 4. Tax Exemptions of Various Allowances
  • 5. Tax Deduction under Chapter VI-A(80C, 80D, 80E, 80G, etc.)
  • 6. Rebate U/S 87A
  • 7. Education Cess
  • 8. Routine Tax Planning (Investment Declaration Form)
  • 9. TDS Certificate (Form 16)
  • Module 6- Leave Management
  • Module 7- Salary Breakups
  • Module 8- Payroll Processing
  • 1. The pay structures
  • 2. Leave management (CL, EL, SL, and ML)
  • 3. Basic, HRA, DA, Conveyance, Medical allowance, Lunch allowance etc
  • 4. ESI, PF Calculations
  • 5. Calculation of Gross, Net salary & CTC
  • 6. Preparation of Break- up salary, Designing CTC and salary break up and discussion on Compensation and benefits
  • Module 9- Mis & Advance Excel
  • 1. PF report in excel sheet
  • 2. ESI report in excel sheet
  • 3. Professional report tax
  • 4. MIS reports in excel sheet
  • 5. Pivot table, goal seek
  • 6. Auto & advanced filters
  • 7. V-Lookup, H-lookup
  • 8. Splits and freeze panes
  • 9. And lots more to prepare MIS Reports
  • Module 10- Contract Labour Law
  • 1. Objective
  • 2. Applicability
  • 3. Registration and License
  • 4. Returns (Report)
  • 5. Facilities
  • 6. Registers and Records
  • 7. Displays
  • Add On Benefits
  • 1. CV Revision in a professional approach
  • 2. Provided Practical oriented course material for all the topics
  • 3. After completing the course, we provide an ISO Certified Certificate also
  • 4. We provide 100% Job Placement Assistance
  • 5. We provide life time support after completing the course
  • Gurgaon Branch

    M 46, OLD-DLF Colony, Sector 14, Gurgaon

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