Ramco HCM on Cloud
Last mile activity:
Taking care of statutory year end activities could be quite cumbersome for an organization. It would be ideal if a dedicated team of experienced workforce works on it ensuring perfection. With Ramco HCM’s last mile activity it is now possible. While we diligently ensure compliance and regulation, your time could be well spent on strategic decision-making activities.
- Monthly submission of Form-5, Form-10 - verifying and generating employees’ monthly contribution card
- Form-3A - Processing of PF claims for withdrawals
- Form-19,10C - PF loan process, and PF claim transfers, from one organization to other organization and
- Maintenance of Form-9 registers.
- Generating statutory returns and submissions of Forms as per the government authority’s prescribed Formats for both employer and employee which are obligatory.
Taking care of remittances of both employee and employer contribution to various authorities such as Employee Provident Fund Act 1952 and Employee State Insurance Act 1948 and State Labor Welfare Fund before the due date as per the statutory laws in order to avoid penalties and damages.
Updating statutory enactments to customers on latest statutory amendments and notifications under various employment acts such as Professions, Trades, falling under employment acts, in labor welfare fund board – employee and employer contributions amendments. Follow up with the government authorities on status of Forms related to withdrawals and transfer of employee benefits.
Income tax: validating the investments made by the employees in line with the provisions and calculating the final tax payable by the employee. Issuing of individual employee related tax Forms during the year end and filing returns to the government relating to employer before the due date.