Pfbasics Course

Course covers Practical aspects of Provident Fund & will help you build thorough understanding of PF & Pension (EPS)

Last updated 2022-01-10 | 4.1

- What will you gain from this course?
- Comprehend all the nuances of Provident Fund.
- Develop an in-depth understanding of the Provident Fund Act that are highly useful when processing employees’ salary.

What you'll learn

What will you gain from this course?
Comprehend all the nuances of Provident Fund.
Develop an in-depth understanding of the Provident Fund Act that are highly useful when processing employees’ salary.

* Requirements

* This course shall start with the fundamentals. No prior knowledge or understanding in Law
* Business or Finance is required.

Description

A number of labour laws are applicable to a business organization. Therefore, each organization needs to understand such laws so that the laws can be complied with in all aspects of the organization. This course gives you a firm grounding of Employees Provident Fund and Miscellaneous Provisions Act, 1952.

The course will cover topics such as Applicability and Coverage of the PF Act, Employees Pension Scheme (EPS), PF & EDLI Administrative charges and so on.

This course on Provident Fund, a retirement benefit, gives insights on:

  • The management of payroll of the employees

  • Explains various amendments / developments in this field such as notification issued in March 2017 amending the rate of Administrative charges to 0.65% and then to 0.50% w.e.f. 01-June-2018.

  • Acts as a guide for those handling Payroll function and thereby facilitate the processing of salary on time.

The course includes online classes, free resources and quizzes to confirm your understanding of the topic. All your questions shall be personally answered by the course instructor.


Who this course is for:

  • Graduates / Post Graduates willing to make a career in Payroll/Compensation or HR Management
  • HR Professionals who aspire for career growth
  • Accountants
  • Traders and Businessmen
  • Labour Law Practioners
  • MBA students doing major in Human Resources
  • n general, this course shall be useful for - Managers, Senior Executives, Entry-level employees working in Human Resources and Payroll Processing, Accounts and Finance Department, Labour Law Compliances Division

Course content

12 sections • 27 lectures

Welcome message Preview 00:36

               Welcome to the course on “Basics of Provident fund”

Hello everyone!

Welcome to the course!

In this course, you will explore several practical aspects in Provident fund that are highly useful while processing salary in the Payroll division.

We will look at topics such as Significance, Purpose & Three Schemes under Provident fund, Applicability of the Employees Provident fund and Miscellaneous Provisions Act, Coverage of employees, Contributions and so on.

With that being said, there is a lot of great information in here for those just getting started.

As you already know, my name is Aditya and if you really want to learn more about me, feel free to visit my website: www.iravya.com

I look forward to meeting you in the course and am excited to see what you think.

Good luck and thanks for enrolling in this course!

Please get in touch with any questions you may have and I am happy to help.


Good luck,

Aditya

Iravya Learning

Significance of Provident Fund Preview 00:59

Purpose of Employees Provident Fund & Misc. Provisions Act, 1952 Preview 00:42

Three Schemes under EPF & MP Act, 1952 (i) EPF Scheme (ii) EPS Scheme (iii) EDLI Preview 02:40

Quiz No.1

Applicability to a Unit (i) Mandatorily applicable (ii) Voluntary coverage Preview 00:54

(a) Meaning of Salary (b) Employees mandatorily covered (c) Employees exempted Preview 01:52

EPF Scheme – Few Key points Preview 01:49

Magic Salary – meaning Preview 00:33

Quiz No.2

Generation of the Fund under the Act Preview 01:30

(a) Various Contribution heads (b) Accounts Numbers (c) Rate of contribution Preview 03:17

Amendment - Adminstrative Charges on EPF Preview 01:02

(a) Pension as per Employees’ Pension Scheme Preview 01:07

Quiz No.3

“Due Date” under Provident Fund Preview 00:42

Due Dates – Two Typical Scenarios Preview 01:23

Due date and Withdrawal of Provident fund

Assignment has five questions.

Universal Account Number Preview 01:15

Locating an EPFO office Preview 00:53

Registering a grievance with EPFO Preview 00:44

Establishments to which the Act is Not Applicable Preview 01:28

Suggestions. Feedback, Comments and Questions Preview 00:29

Completion message Preview 00:14

    Rate and Review Provident fund course.


Hello everyone!

Congratulations on completing the course!

I would like to ask one small favour from you. If you enjoyed the course, please leave me a 5-star rating & review using Udemy’s built-in review system.

Also, if you know somebody who would like this course and would want to learn Provident fund, then please share it.

Thanks,

Aditya

Iravya Learning