Complete Practical Guide to Payroll by Industry-leading Payroll Consultant | 11+ Hours
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Instructor: Rishabh Jain ( Labour Law Advisor )
Validity Period: 365 days
India has emerged as the fastest-growing economy in the world and as new investments are made and new businesses flourish, there's an ever-increasing demand of payroll professionals in the country. This demand continues to increase even in times of crisis.
Payroll is one of the most important aspects of the business. It affects employee morale and reflects a business's financial stability and reputation. So, in order to save time, money and compliance headache businesses prefer to outsource their payroll function to professional service providers. They streamline the process right from the day to day maintenance of prescribed records, calculating & disbursing salaries to calculating liabilities of the company and filing various statutory compliances such as PF, ESI, Professional Tax, TDS, Gratuity etc.
Why this course?
Payroll Processing is a very high-grade profession in which you have to onboard a client just once and he will be giving you recurring earnings with every payroll as people usually never shift from their professional consultants.
The course is designed for those who wish to learn about payroll processing in a practical, organised and effortless way. It provides in-depth knowledge on all the areas of payroll - Calculations, Forms, Formats & Due dates etc.
There are no prerequisites to enrol in this course. It does not matter if you are from a non-HR background, whether you are a student, professional or a businessman; as this course is tailored to expand your professional knowledge and value.
After completing this course, you will be able to confidently file compliances on your own and will be in a position to -
Who should take this course?
This online labour law course will be extremely beneficial for founders and entrepreneurs of new startups and companies. It will also benefit Consultants, HR managers, Chartered Accountants, Accountants of established companies. Additionally, HR students can supplement their course with these materials. One does not need to have any educational degrees in HR, accounting or law to partake in this online course.
What is the course structure?
This course is divided into 3 sections which cover all practical aspects of payroll calculation. It includes all statutory and non-statutory components, forms and templates, downloadable calculators and case studies.
The following topics will be covered in the course:
1. Concepts Section
10 Modules - In this section, we will familiarize ourselves with common terminologies, rules and functions of payroll. We will cover Definitions, Allowances, Calculation methods & formulas, Leaves, Attendance etc
2. Calculation Section
10 Modules - Here we learn the individual calculation of all laws affecting payroll. Such as PF, ESI. Income Tax, PTax, LWF, Bonus, Gratuity etc. We will do individual examples assuming that there are no other components.
3. Processing Section
10 Modules - Here we combine learning from the first 2 sections to process actual payrolls. Also, we will discuss various reports in brief.
Who will be your trainer?
Mr. Rishabh Jain
How my doubts will be solved?
Along with the course, you also get access to the course discussion forum. You can ask any questions and I will answer them personally within 24 hours.
What is the course timing?
This is a pre-recorded course, hence you can watch at any time, anywhere. You can watch as many times as you want.
Watch Demo Videos:
Chapter 1: About the Course
Chapter 2: Course Structure
To join this course click on add to cart button.
|Lecture 1 : About The Course (Free Lecture) (11:00)|
|Lecture 2 : Course Structure (Free Lecture) (8:00)|
|Lecture 3 : Glossary 4:00|
|Lecture 4 : What is Payroll 21:00|
|Lecture 5 : Wages 13:00|
|Lecture 6 : Salary 8:00|
|Lecture 7: Allowances (20:00)|
|[EXTRA] HRA Calculation and Income Tax Exemption Rules | House Rent Allowance|
|[EXTRA] LTA: Leave Travel Allowance |Calculation & income tax exemption|
|[EXTRA] Children Education Allowance & Hostel Allowance | Income tax exemption | Tax Saving Tips 2019|
|HomeWork #1 Salary Rule|
|Lecture 8: Attendance (16:00)|
|HomeWork 2 Attendance|
|Lecture 9: Wage Calculation Formulas (25:00)|
|HOMEWORK 3 Wage Calculation|
|Solution- HOMEWORK 3 Wage Calculation|
|Lecture 10: Leave ( EL, SL, CL etc ) (25:00)|
|Leave Basics | Watch this before you watch lecture #10|
|HomeWork 4 _ Leave|
|Solution- HomeWork 4 _ Leave|
|Lecture 11: Arrear (12:00)|
|Homework 5 Arrear Excel|
|Solution- Homework 5 Arrear Excel|
|Lecture 12: Overtime and Incentive Calculation (6:00)|
|[ EXTRA DOSE ] Overtime Pay Calculation & Maximum Working Hours Rules|
|Lecture 13: Non Statutory Deductions (11:00)|
|Code on Wages (29 pages)|
|Lecture 14: Statutory Components | Introduction (5:00)|
|[ EXTRA [ LAW MAKING PROCESS IN INDIA|
|Lecture 15: ESI Calculation (25:00)|
|[ EXTRA DOSE ] Employee State Insurance Act 1948 (ESI Act)|
|[Notes] ESIC IMPLIMENTED AREAS (6 pages)|
|[Notes] ESIC WAGES APPLICABALITY|
|[Notes] ESIC-137-to-176 (3 pages)|
|[ EXTRA DOSE ] ESIC IMPLEMENTED AREA DISCUSSION|
|( OPTIONAL ) Basic Excel Formula - Multiply, Divide,Add, Subtract in Excel|
|( OPTIONAL ) Excel IF Formula|
|( OPTIONAL ) Dollar Sign $ in Excel | Cell referencing 3:00|
|Lecture 16: Minimum Wage (35:00)|
|[ EXTRA DOSE ] Minimum Wages Act, 1948|
|Important Note | Impact of Labour Codes|
|Homework 7 minimum wage home work|
|Solution - Homework 7 minimum wage|
|Lecture 17: PF Part 1 (Free Lesson & Resources) (42:00)||Preview|
|Homewrok 8 pf 1||Preview|
|Solution- Homework 8 pf 1||Preview|
|Lecture 18: PF Part 2 (24:00)|
|HomeWork 9 : PF 2|
|Solution- Homework 9 pf 2|
|Lecture 19 : Bonus (29:00)|
|Homework 10 BONUS CALCULATION|
|Lecture 20: Gratuity (24:00)|
|HomeWork 11 Gratuity calculation|
|Lecture 21: Labour Welfare Fund (7:00)|
|LWF Slabs and Rules|
|Lecture 22: Professional Tax (8:00)|
|Download Excel File|
|Lecture 23: Income Tax Introduction (13:00)|
|Extra Video 1 | Income Tax 16:00|
|Extra Video 2 | Income Tax 9:00|
|Income Tax Table|
|Lecture 24: Income Tax Annual Salary (15:00)|
|HomeWork 12 Annual Income Calculation|
|Lecture 25 : Income Tax - Exemptions (13:00)|
|Howework #13 | Calculation Sheet | Link|
|Lecture 26 : Perks and it's tax implications (3:00)|
|[Extra Dose] Details about perks|
|Lecture 27 : Income Tax Deduction (13:00)|
|Home Work #14|
|Lecture 28 : Income Tax Slabs (18:00)|
|Lecture 29 : Surcharge , CESS (10:00)|
|Lecture 30 : Additional Income Tax (5:00)|
|Lecture 31 : TDS (26:00)|
|Lecture 32 : Full And Final Salary (4:00)|
|Lecture 33 : Time Sheet (7:00)|
|Time Sheet Sample|
|Lecture 34 : Processing : Introduction (13:00)|
|Lecture 35 : Processing : Company data (12:00)|
|Lecture 36 : Processing : Employee Data (14:00)|
|Lecture 37 : Processing : Rules (4:00)|
|Lecture 38: Payroll Processing Example 1 (27:00)|
|Calculation Sheet | Example|
|Lecture 39: Payroll Processing | Example April - June (Free Lesson and Resources) (14:00)||Preview|
|Calculation Sheet | April - June||Preview|
|Lecture 40 : Payroll Processing Example July (10:00)|
|Lecture 41 : Payroll Example August - March (5:00)|
|HomeWork #15 | Calculation Sheet | Sample Data|
|Lecture 42 : Payroll Example Annual Bonus (9:00)|
|Lecture 43 : Payroll Example Leave, Pt, LWF (7:00)|
|Lecture 44 : Reconciliation (5:00)|
|Lecture 45 : Reports (4:00)|
|Lecture 46 : The Last Lecture (3:00)|
|Offer Letter vs Employment Contract (24:00)|
|FINAL ASSESSMENT TEST ( For Certification )|
|Join Telegram Group|
|Payroll Processing LIVE Class 5th FEB|
|Payroll Processing LIVE Class 28th Oct|
|Live Q&A with RJ|
|Live Q&A with RJ : Sep 30, 2023|
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