Labour Law. Payroll Processing, Labour Law. Payroll Processing, Company Registration, Employee Company Registration, Employee Benefits Solutions & Individual Benefits Solutions & Individual

TaxationTaxation

Samarth AssociatesSamarth Associates is a member of Labour Law Association for rendering is a member of Labour Law Association for rendering service of Labour Law like Contract Labour P.F., E.S.I.C., and P.T. & M.L.W.F. service of Labour Law like Contract Labour P.F., E.S.I.C., and P.T. & M.L.W.F. etc. Are newly introduced business of providing the end to end service of etc. Are newly introduced business of providing the end to end service of ““Payroll processingPayroll processing” within the stipulated time frame.” within the stipulated time frame.

We are with a unique features of providing “We are with a unique features of providing “Company RegistrationCompany Registration"& "& ““Employee Benefits Employee Benefits ” & “” & “Individual Tax PlanningIndividual Tax Planning” services.” services.

The core area of the Firm is providing advisory services under Indian Labour The core area of the Firm is providing advisory services under Indian Labour Laws and also maintaining various records thereunder. Over a period of time Laws and also maintaining various records thereunder. Over a period of time we have developed excellent repo with various Govt. Agencies right from we have developed excellent repo with various Govt. Agencies right from bottom to top for facilitating our clients time based needs.bottom to top for facilitating our clients time based needs.  We have strong and experienced work force of 10 employees in our company We have strong and experienced work force of 10 employees in our company who are well verse with various procedural aspects of the Labour Laws and its who are well verse with various procedural aspects of the Labour Laws and its implementation. We have In-house Training Department for imparting implementation. We have In-house Training Department for imparting training to the new recruits and updating the latest knowledge in the field of training to the new recruits and updating the latest knowledge in the field of Labour Laws to the experienced field staff members to resolve the queries of Labour Laws to the experienced field staff members to resolve the queries of the clients online and thus maintain the pace with the time.the clients online and thus maintain the pace with the time.

Samarth Associates is backed by 2 brawny mindsSamarth Associates is backed by 2 brawny minds

Satish Singh, Satish Singh, B.comB.com

Gurunath Waingankar, Gurunath Waingankar, B.com, DHRMB.com, DHRM

Both the partners are professionally qualified in their respective filed.Both the partners are professionally qualified in their respective filed.

Mr. Gurunath, who is instrumental in setting up the Company has vast and Mr. Gurunath, who is instrumental in setting up the Company has vast and versatile experience in the field of Labour Law and its intricacies and is versatile experience in the field of Labour Law and its intricacies and is presently rendering various customized services to almost 100 large and presently rendering various customized services to almost 100 large and medium size clients in the city of Mumbai.medium size clients in the city of Mumbai.

OUR VISIONOUR VISION  3.3.To provide Top Notch ServicesTo provide Top Notch Services4.4.To let business partner excels and attains excellent environment in To let business partner excels and attains excellent environment in their company.their company.5.5.To be among the most preferred consultant.To be among the most preferred consultant.    OUR APPROACHOUR APPROACH  9.9.Identification and understanding of clients need.Identification and understanding of clients need.10.10.Pro-active in providing solutions to all complex matters.Pro-active in providing solutions to all complex matters.11.11.Ensured confidentiality.Ensured confidentiality.12.12.Assignments committed to a time frame.Assignments committed to a time frame.

SHOP & ESTT. ACT 1948SHOP & ESTT. ACT 1948

  3.3.Registration of the Establishment under the Act.Registration of the Establishment under the Act.4.4.Preparation & Filling the Forms of Registration.Preparation & Filling the Forms of Registration.5.5.Attending Assessment & Inspection.Attending Assessment & Inspection.6.6.Co-ordinating with the Inspector Officer In charge for various correspondences. Co-ordinating with the Inspector Officer In charge for various correspondences.

  

MINIMUM WAGES ACT 1948MINIMUM WAGES ACT 1948..

  10.10.Maintaining of various records under Minimum Wages Act.Maintaining of various records under Minimum Wages Act.11.11.Preparation of Salary Registers & other Documents as per Minimum Wages Act.Preparation of Salary Registers & other Documents as per Minimum Wages Act.12.12.Attending the Assessment & Inspection.Attending the Assessment & Inspection.13.13.Compliance with the Inspectors in writing & personal Meeting.Compliance with the Inspectors in writing & personal Meeting.

  

BONUS ACT 1955BONUS ACT 1955..  3.3.Maintaining Records of Bonus Act in various Forms.Maintaining Records of Bonus Act in various Forms.4.4.Calculation of Bonus Amount as per salary/ wages records.Calculation of Bonus Amount as per salary/ wages records.5.5.Preparation & filing Bonus returns.Preparation & filing Bonus returns.

PAYMENT OF GRATUITY ACT 1952.PAYMENT OF GRATUITY ACT 1952.  9.9.Maintaining of Records of working Employees under Gratuity Act.Maintaining of Records of working Employees under Gratuity Act.10.10.Preparation & filing the Returns in various Forms.Preparation & filing the Returns in various Forms.11.11.Attending the Assessment & Inspection under Gratuity Act.Attending the Assessment & Inspection under Gratuity Act.12.12.Calculation of Gratuity Payment time to time.Calculation of Gratuity Payment time to time.

MAHARASTHRA HRA ACT 1983.MAHARASTHRA HRA ACT 1983.  16.16.Preparation & Calculation of HRA as per Salary Structure.Preparation & Calculation of HRA as per Salary Structure.17.17.Deductions on HRA Amt.Deductions on HRA Amt.18.18.Preparation of Salary Register including HRA Amt.Preparation of Salary Register including HRA Amt.

  

MAHARASHTRA LABOUR WELFARE FUNDS ACT, 1953MAHARASHTRA LABOUR WELFARE FUNDS ACT, 1953  3.3.Registration under the Act.Registration under the Act.4.4.Preparation of ChallanPreparation of Challan5.5.Filing of Return in Form A-1Filing of Return in Form A-16.6.Attending Assessment Attending Assessment     CONTRACT LABOUR (R & A) ACT, 1970CONTRACT LABOUR (R & A) ACT, 1970  10.10.Registration of the EmployerRegistration of the Employer11.11.Form VIIIForm VIII12.12.Annual Returns in Form XXIAnnual Returns in Form XXI13.13.Renewal of Registration Certificate.Renewal of Registration Certificate.  MAHARASHTRA PROFESSION TAX ACT, 1975MAHARASHTRA PROFESSION TAX ACT, 1975  17.17.Preparation of State wise ChallanPreparation of State wise Challan18.18.Preparation of Yearly Statement for the purpose of AssessmentPreparation of Yearly Statement for the purpose of Assessment

  

EMPLOYEES’ PF & MISC. PROVS. ACT, 1952EMPLOYEES’ PF & MISC. PROVS. ACT, 1952

  3.3.Registration of the establishment under the Act, separately in each state, if required.Registration of the establishment under the Act, separately in each state, if required.4.4.Registration of the employees under the Scheme,Registration of the employees under the Scheme,5.5.Maintenance of various records under the PF/Pension & EDLI Scheme such as Maintenance of various records under the PF/Pension & EDLI Scheme such as Contribution Register.Contribution Register.6.6.Preparation & filing of Monthly Returns such as Form 12-A, Form 5&10.Preparation & filing of Monthly Returns such as Form 12-A, Form 5&10.7.7.Preparation & filing of Annual Returns in Form 3-A, Form 6-A.Preparation & filing of Annual Returns in Form 3-A, Form 6-A.8.8.Preparation & submission of Form 9 & Form 5-A.Preparation & submission of Form 9 & Form 5-A.9.9.Attending Assessment under the Act.Attending Assessment under the Act.10.10.Arranging presentation/awareness programmes on PF/PENSION/EDLI Schemes for Arranging presentation/awareness programmes on PF/PENSION/EDLI Schemes for the benefit of the Employees &/or HR Dept.the benefit of the Employees &/or HR Dept.11.11.Looking after Correspondence with the Regional PF Commissioner’s Office.Looking after Correspondence with the Regional PF Commissioner’s Office.12.12.Co-ordinating with the RPFC's Office for expeditious settlement of the withdrawal Co-ordinating with the RPFC's Office for expeditious settlement of the withdrawal claims and Annual Slips. claims and Annual Slips. 

EMPLOYEES’ STATE INSURANCE ACT, 1948EMPLOYEES’ STATE INSURANCE ACT, 1948 3.3.Registration of the establishment under the Act, separately in each State & City.Registration of the establishment under the Act, separately in each State & City.4.4.Registration of the Employees under the Regulations.Registration of the Employees under the Regulations.5.5.Maintenance of Employees’ Contribution Register in Form 6 for Regd. Office.Maintenance of Employees’ Contribution Register in Form 6 for Regd. Office.6.6.Preparation & filing of Half Yearly Returns in Form 5 in respect of Regd. Off. As well Preparation & filing of Half Yearly Returns in Form 5 in respect of Regd. Off. As well as Branches.as Branches.7.7.Attending ESI Inspection.Attending ESI Inspection.8.8.Presentation & awareness programmes on ESI Scheme Presentation & awareness programmes on ESI Scheme 9.9.Handling of correspondence with the Regional Director (ESIC)Handling of correspondence with the Regional Director (ESIC)

FACTORY ACT 1948FACTORY ACT 1948 3.3.Drafting of factory plan as per factory Act rules & regulations.Drafting of factory plan as per factory Act rules & regulations.4.4.Filing the registration forms for factory licence.Filing the registration forms for factory licence.5.5.Renewal of Factory Licence.Renewal of Factory Licence.6.6.Maintaining Muster in Form No 17/ 29.Maintaining Muster in Form No 17/ 29.7.7.Maintaining Salary register.Maintaining Salary register.8.8.Maintaining Leave Register.Maintaining Leave Register.9.9.Maintaining Leave Cards.Maintaining Leave Cards.10.10.Maintaining Accident Register.Maintaining Accident Register.11.11.Maintaining Factory Inspector File, with Proper documents in order.Maintaining Factory Inspector File, with Proper documents in order.12.12.Making Compliance of Inspection note.Making Compliance of Inspection note.

One of the integral parts of One of the integral parts of HR is PayrollHR is Payroll. Timely and accurate salary and wages . Timely and accurate salary and wages calculation coupled with Statutory Compliance is automatically expected. The task of calculation coupled with Statutory Compliance is automatically expected. The task of payroll becomes complicated in today's industries due to multiple statutory payroll becomes complicated in today's industries due to multiple statutory requirements, MIS requirements, calculations based on slabs and formulas and other requirements, MIS requirements, calculations based on slabs and formulas and other HR policies. HR policies.

Our Payroll Services takes care of all your requirements relating to management of Our Payroll Services takes care of all your requirements relating to management of employees' Payroll. Our Payroll services provide complete records of the Employees, employees' Payroll. Our Payroll services provide complete records of the Employees, Payslips, Attendance Register, computation of all allowances & deductions and Payslips, Attendance Register, computation of all allowances & deductions and generation all Statutory and MIS reports. generation all Statutory and MIS reports.

Key Features of Payroll Outsourcing2.Our services can be customized to user requirement. 3.All Statutory Deductions such as PF / ESI / Bonus / Gratuity / TDS / PT are taken care of. If the Payroll of more than one Location is managed pay slips can be defined depending on Location wise.4.Employees can be referred either with Employee ID or Reference No.5.No. of days in the month can be flexibly defined.6.Each Branch wise working days can be defined.7.No. of days present and No. of days on which Salary is calculated (Including Paid Leave) both are considered with formulating a field value.8.Rounding off options & Carrying over of rounding off values to next month.9.OT Rate Calculation – Hourly basis or on Per day basis.10.Multiple Branch Details in Single File.11.PF / ESI / PT rate user definable on Monthly basis.12.Arrears Calculation.13.No restriction on Record Management Dates – Any no. of years data can be Managed.14.User Definable Salary Heads.15.Salary components can be defined as Inputs / Calculated Fields / OT.16.Calculation of Salary Fields depends on Formulas / Slab.

Payroll Management SystemPayroll Management System 2. Leave Details Management with Unlimited No. of Leave Types.3. Holiday Definition.4. Increment.5. Detailed Master Data Capture.6. Bank / Branch Details – For Bank Statement and for standing Instruction.7. Salary calculation for the purpose of TDS Estimation.8. Gross Salary Splitting – Tax planning.9. Form 16, Form 12 BA & ETDS Generation.10. Income Tax Computation.11. Leave Travel Allowance.12. Medical Reimbursement.13. Holding Salary of List of employees.14. Locking Months.15. Exporting Salary Details to Excel.16. Advance Employee Delete option.17. Strong List of general utilities like Back up / Restore / Update.18. Standing Instructions – Loan / SSS / Insurance / Group Insurance.19. Pension.

HRD Procedures HRD Procedures 3.3.Final SettlementFinal Settlement4.4.SuperannuationSuperannuation5.5.Gratuity and Tax Calculation Gratuity and Tax Calculation

Statutory Reports Statutory Reports 8.8.Salary RegisterSalary Register9.9.ESIC ChallanESIC Challan10.10.ESIC FORMSESIC FORMS11.11.PF ChallanPF Challan12.12.P. F. FORMSP. F. FORMS13.13.Prof. Tax FORMSProf. Tax FORMS14.14.Income Tax FORMS Income Tax FORMS

Leave Management SystemLeave Management System 3.3.User defined leave typesUser defined leave types4.4.Leave balance detailsLeave balance details5.5.Leave rules monthlyLeave rules monthly6.6.Leave entryLeave entry7.7.Leave posting to payrollLeave posting to payroll8.8.Yearly leave carry forward Leave reports generated Yearly leave carry forward Leave reports generated 9.9.Availing of leaves and credit of leaves for each employee can be updatedAvailing of leaves and credit of leaves for each employee can be updated

Transfer, Promotions & Increments Transfer, Promotions & Increments 3.3.Transfer Details (Shift / Department) Transfer Details (Shift / Department) 4.4.Promotion Details (Post / Salary)Promotion Details (Post / Salary)

Loan Accounting Loan Accounting 7.7.Loan accounting and deductionLoan accounting and deduction8.8.Calculate monthly deduction based on type of recovery. Calculate monthly deduction based on type of recovery. 9.9.rate of interest and period of loan.rate of interest and period of loan.10.10.Loan recovery amount directly goes as deduction to payroll processing.Loan recovery amount directly goes as deduction to payroll processing.11.11.Loan balance and summary reportsLoan balance and summary reports

Employee ReportsEmployee Reports 3.3.Contact DetailsContact Details4.4.Birthday ListBirthday List5.5.Employee Salary StructureEmployee Salary Structure6.6.Transfer/Promotion DetailsTransfer/Promotion Details7.7.Allowance Deduction ReportAllowance Deduction Report8.8.Salary Increment DetailsSalary Increment Details9.9.Salary StructureSalary Structure10.10.Resigned Employee DetailsResigned Employee Details11.11.CTC(Cost to the Company)CTC(Cost to the Company)12.12.Department wise Employee ListDepartment wise Employee List

Gratuity Fund Management:Gratuity Fund Management:Gratuity fund services includes advisory services as well as day to day maintenance of Gratuity Trust Gratuity fund services includes advisory services as well as day to day maintenance of Gratuity Trust accounts & administration. accounts & administration.

4.4.Design of Rules/ Amendments as per changing lawsDesign of Rules/ Amendments as per changing laws5.5.Formation of Gratuity TrustFormation of Gratuity Trust6.6.Gratuity Deed / Deed of VariationGratuity Deed / Deed of Variation7.7.Income Tax ApprovalsIncome Tax Approvals8.8.Monthly cheque submission to insurance companyMonthly cheque submission to insurance company9.9.Preparation & submission of claims; follow-up with insurance company for speedy claims disbursementPreparation & submission of claims; follow-up with insurance company for speedy claims disbursement10.10.Quick turnaround for death claims processingQuick turnaround for death claims processing11.11.Liaising with LICI/ Other Insurance companyLiaising with LICI/ Other Insurance company12.12.Negotiating the annual premium with LICINegotiating the annual premium with LICI13.13.Handling the AS-15 Certification process of the employer's liabilitiesHandling the AS-15 Certification process of the employer's liabilities14.14.Handling actuarial valuation processHandling actuarial valuation process15.15.Transfer ?ins & transfer ?outsTransfer ?ins & transfer ?outs16.16.Member & claimant database maintenanceMember & claimant database maintenance17.17.Investment advisory / switch option monitoring in case of ULIP fundsInvestment advisory / switch option monitoring in case of ULIP funds18.18.Trust Balance Sheet/ Revenue AccountsTrust Balance Sheet/ Revenue Accounts19.19.Life Insurance cover maintenanceLife Insurance cover maintenance20.20.Help-DeskHelp-Desk21.21.Trustee MeetingsTrustee Meetings

Superannuation Fund Management Superannuation Fund Management   Services include advisory, investment and accounts.Services include advisory, investment and accounts.3.3.Scheme designingScheme designing4.4.Prepare Deed of Variation & obtain IT ApprovalPrepare Deed of Variation & obtain IT Approval5.5.Maintain database of employees along with account balance detailsMaintain database of employees along with account balance details6.6.Monthly cheque submission to insurance companyMonthly cheque submission to insurance company7.7.Liaising with LICI/ Other Insurance companyLiaising with LICI/ Other Insurance company8.8.Transfer ?ins & transfer ?outsTransfer ?ins & transfer ?outs9.9.Life Insurance cover maintenanceLife Insurance cover maintenance10.10.Preparation & submission of annuity claims; follow?up with insurance companyPreparation & submission of annuity claims; follow?up with insurance company11.11.for speedy claims disbursementfor speedy claims disbursement12.12.Quick turnaround for death claims processingQuick turnaround for death claims processing13.13.Handling the AS-15 Certification process of the employer's liabilitiesHandling the AS-15 Certification process of the employer's liabilities14.14.Annual accounts slipAnnual accounts slip15.15.Member & claimant database maintenanceMember & claimant database maintenance16.16.Investment advisory / switch option monitoring in case of ULIP fundsInvestment advisory / switch option monitoring in case of ULIP funds17.17.Trust Balance Sheet/ Revenue AccountsTrust Balance Sheet/ Revenue Accounts18.18.Help-DeskHelp-Desk19.19.Trustee MeetingsTrustee Meetings

Sr.No.

Name of the Client No. of Employees Type of Services being provided by

us

Contact Person/No.

1 M/s Aloka Exports Ltd.

400 Factory Act, Statutory

compliance under labour Law.

Mr. Yashwant (Manager)Bhiwandi

.

2 M/s D.H. Export P. Ltd.

250 Statutory Compliance under

Labour Laws.

Mr. Tripathi (Mgr. HR)Vashi.

3 M/s Bhansali Bright Bar & Steel

P. Ltd.

150 Factory Act & Statutory

Compliance under Labour Laws

Ms. D’ souza(Mgr. HR)Vashi.

4 M/s Neo – Wheel Ltd.

150 Factory Act & Statutory

Compliance.

Ms. Iyer( Manager )Rabale.

5 M/s. Suman Electronics.

350 Statutory Compliance under

ESI & EPF Act.

Ms.Lalitha( Mgr.)Thane.

6 M/s. Surya Construction

250 Statutory Compliance under

Labour Laws

Mr. Santosh Nair(Prop)Thane.

7 M/s. Agility Logistics p. Ltd.

200 Statutory Compliance under

Labour Laws

Mr. Khilari(HR. Manager)Bhiwandi.

8. M/s.Det Norske Veritas.

75 Statutory Compliance under

Labour Laws

Mr.Deepak Pathak.(H.R.)Mumbai.

D/6, Ashtavinayak CHS, Mahatma Phule Nagar, Near D/6, Ashtavinayak CHS, Mahatma Phule Nagar, Near Aai Mata Mandir, Thane (W) -400 606.Aai Mata Mandir, Thane (W) -400 606.

Telephone Office: 022-25822228 Telephone Office: 022-25822228 Mobile: 9702236303/9867456610/9969166321Mobile: 9702236303/9867456610/9969166321

Email: Email: associates.samarth@gmail.com associates.samarth@gmail.com shivassociates@hathway.comshivassociates@hathway.com

web: http://associates.samarth.tripod.com web: http://associates.samarth.tripod.com http://www.shivassociates.co.inhttp://www.shivassociates.co.in

““Success is not final, failure is not fatal - it Success is not final, failure is not fatal - it is the courage to continue that counts”.is the courage to continue that counts”.

ThanksThanks