What Is Statutory Compliance? - Xls Download

Hi everybody,

Could anyone help me with an introduction on statutory compliance, such as what is statutory compliance, its necessity, importance, etc.? It's very urgent, so please help.

I'm eagerly waiting to receive a reply.

Thank you.

Checklist for Employers

Statutory Deposits & Returns

January

SR. DATE AND MONTH Act NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Before 15th Factory Act, 1948 Form 21 (Annual Return)

5 Before 21st Maternity Benefit Act Form K, L, M & N

6 Before 15th Minimum Wages Act Form 3

7 Before 31st Employment Exchange Act Form ER - 1

8 Before 31st Welfare Fund Act Deposit in Fund A/c

9 Monthly Statutory Register Daily / End of the month

February

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Before 15th Payment of Wages Act Form IV

5 Monthly Statutory Register Daily / End of the month

March

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 P.F. P.F. Annual Returns Form 6A & 3A

5 Monthly Statutory Register Daily / End of the month

April

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Before 30th Employment Exchange Act Form ER - 1

5 Monthly Statutory Register Daily / End of the month

May

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Before 12th May ESIC ESIC Half Yearly Returns

5 Monthly Statutory Register Daily / End of the month

June

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Monthly Statutory Register Daily / End of the month

July

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Before 30th Employment Exchange Act Form ER - 1

5 Monthly Statutory Register Daily / End of the month

August

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Monthly Statutory Register Daily / End of the month

September

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Monthly Statutory Register Daily / End of the month

October

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Before 30th Employment Exchange Act Form ER - II

5 Monthly Statutory Register Daily / End of the month

November

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Before 30th Factory Act, Form 2 Renewal fees

5 Before 11th November ESIC ESIC Half Yearly Returns

6 Before 30th Payment of Bonus Act Form A, B & C

7 Monthly Statutory Register Daily / End of the month

December

SR. DATE AND MONTH NAME OF THE STATUTORY RETURN

1 Before 21st ESIC ESIC Challan

2 Before 15th P.F. P.F. Challan

3 Before 25th P.F. Form 5, 10 & 12A (P.F.)

4 Monthly Statutory Register Daily / End of the month

I hope it will help you.

Regards

Dear Friend,

As you asked about the introduction of statutory compliance, its needs, and importance. Statutory compliance means compliance to be done under the various statutes or laws wherein it is the statutory or legal obligation on the individual (includes companies) to comply thereunder. Statutory compliance is very broad; it may be labor compliance, taxation compliance, etc. If individuals do not comply with them, criminal liabilities may arise. The importance of these compliances depends on the nature of compliance. For instance, if it is labor compliance, you may observe that they are meant for the welfare, safety, and health of the laborers.

Regards

Hi, please visit STATUTORY COMPLIANCE & LABOUR LAWS for information regarding all statutory compliance and labor law.

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Hi,

Please visit STATUTORY COMPLIANCE & LABOUR LAWS for information regarding all statutory compliance and labor law.

Dear Friends,

I am looking for a PDF presentation providing details of statutory compliances, including brief descriptions of various acts such as PF, ESI, Wages, Bonus, Gratuity, etc. Can anybody help me, please?

Dear All,

Please find attached the monthly checklist of all statutory compliance requirements.

Thanks & Regards,
MANOJ PATIL
98222 72152

Dear Bhagwan_7,

Appreciate the good work on Statutory Labour Laws compliance..!

Regards,
Rajesh Mishra

Hi Dear All,

I am working in a limited firm. My HR Department deducted my 1-day extra salary (weekly off). For example, if I am absent from Tuesday to Monday first half and my weekly off is Sunday, can anyone tell me if my Sunday would be deducted from the salary or not? If it is deducted, kindly tell me which act or section applies in this case. My HR Department told me it is deducted as per the Factory Act, but I am not satisfied with my HR Department's reply.

Please help me.

Amit

I am grabbing the knowledge through this site, HR under discussions platform, and refreshing the knowledge which was studied long back. It is a request to all the viewers and participants to contribute more in this direction to avoid repeating the tragedy that happened in Maruti Udyog and elsewhere.

Adhering to statutory compliances is necessary for all big and small companies in the world to keep their businesses safe from legal trouble. A deep knowledge of statutory compliances is required to minimize the risks associated with noncompliance of statutory requirements.