Dear All,
Can anyone provide me with a statutory checklist for monthly and annual returns required in IT or BPO companies? For example, for PF, PT, ESIC, LWF, Payment of wages, Bombay shop & establishment, Payment of Bonus, Maternity Act, Minimum wages.
I would also like to know which statutory requirements can be remitted from the head office and which need to be remitted from each branch in different states.
Regards,
Siddharth
From India, Sangli
Acknowledge(0)
Amend(0)
4Can anyone provide me with a statutory checklist for monthly and annual returns required in IT or BPO companies? For example, for PF, PT, ESIC, LWF, Payment of wages, Bombay shop & establishment, Payment of Bonus, Maternity Act, Minimum wages.
I would also like to know which statutory requirements can be remitted from the head office and which need to be remitted from each branch in different states.
Regards,
Siddharth
From India, Sangli
Acknowledge(0)Amend(0)
Returns required to be furnished by IT and BPOs are the same as applicable to other industries. There are checklists available on this site itself. Please get it.
Of various payments, license or registration renewal fees payable under the Shops Act are a state subject and vary from state to state; hence, separate remittances for different locations are required to be made. Similarly, profession tax is also a state subject that should be paid to the respective Municipality/Gram Panchayat where the office/branch is functioning. Minimum wages also differ from state to state, and the wages should be fixed accordingly. At the same time, payment of wages can be centralized, and even the Provident fund and ESI can be remitted centrally for different locations.
Regards,
Madhu.T.K
From India, Kannur
Acknowledge(0)Amend(0)
Of various payments, license or registration renewal fees payable under the Shops Act are a state subject and vary from state to state; hence, separate remittances for different locations are required to be made. Similarly, profession tax is also a state subject that should be paid to the respective Municipality/Gram Panchayat where the office/branch is functioning. Minimum wages also differ from state to state, and the wages should be fixed accordingly. At the same time, payment of wages can be centralized, and even the Provident fund and ESI can be remitted centrally for different locations.
Regards,
Madhu.T.K
From India, Kannur
Acknowledge(0)Amend(0)
Dear Madhu Sir,
Can you guide me on the procedures to follow if an organization's head office is situated in a gram panchayat area? As an HR professional, I have heard about the requirement of obtaining a No Objection Certificate (NOC) from the panchayat. It is my understanding that the Shops and Establishment Act is only applicable to offices in municipalities and Notified Area Committee (NAC) areas, and not to those in panchayat areas. Could you provide more information on what needs to be done after obtaining the NOC? Is it necessary to register the office under the Shops and Establishment Act? If not, how should the office be registered, and what statutory records and returns should be maintained under which act?
I am eagerly awaiting your expert insights.
Ratikanta Rath
From India, Durgapur
Acknowledge(0)Amend(0)
Can you guide me on the procedures to follow if an organization's head office is situated in a gram panchayat area? As an HR professional, I have heard about the requirement of obtaining a No Objection Certificate (NOC) from the panchayat. It is my understanding that the Shops and Establishment Act is only applicable to offices in municipalities and Notified Area Committee (NAC) areas, and not to those in panchayat areas. Could you provide more information on what needs to be done after obtaining the NOC? Is it necessary to register the office under the Shops and Establishment Act? If not, how should the office be registered, and what statutory records and returns should be maintained under which act?
I am eagerly awaiting your expert insights.
Ratikanta Rath
From India, Durgapur
Acknowledge(0)Amend(0)
As per my understanding, the Shops Act is not location-specific, and therefore, it applies to establishments operating in panchayats as well. The license to run a business, which is issued by the local administration (Panchayat/Municipalities or Corporations), is the basic license to operate a business or profession. The registration given under the Shops and Commercial Establishments Act is to ensure provisions relating to the welfare, health, and safety of the employees employed therein. Therefore, you have to take the license and registration separately from the Panchayat and Labor Office.
Madhu.T.K
From India, Kannur
Acknowledge(0)Amend(0)
Madhu.T.K
From India, Kannur
Acknowledge(0)Amend(0)
Dear Madhu Sir,
I am from Odisha state. Kindly go through the link http://kendujhar.nic.in/labour_employment/labourf.htm. In this link, in case of the OS&CE Act, 1956 (i.e., Orissa Shop & Commercial Establishment Act), it is mentioned: "This Act is applicable to all the shops and commercial establishments situated in Municipality and N.A.C. areas."
Need your views on that.
Thanks/Regards,
Ratikanta Rath
From India, Durgapur
Acknowledge(0)Amend(0)
I am from Odisha state. Kindly go through the link http://kendujhar.nic.in/labour_employment/labourf.htm. In this link, in case of the OS&CE Act, 1956 (i.e., Orissa Shop & Commercial Establishment Act), it is mentioned: "This Act is applicable to all the shops and commercial establishments situated in Municipality and N.A.C. areas."
Need your views on that.
Thanks/Regards,
Ratikanta Rath
From India, Durgapur
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
A Guide on Statutory Compliance by IT Companies in Andhra Pradesh.pptx
Statutory Compliance-CL%2 8R%26A%29 Central Rules various statutory act.XLS