Transform Your Business Finances with Sankhla Consultants!

Are you overwhelmed by accounting, ESI, EPF and payroll tasks? Sankhla Consultants is here to take the burden off your shoulders, allowing you to focus on what you do best—growing your business! Why Choose Sankhla Consultants?Accurate Accounting: Leave your books in the hands of our expert teamWe guarantee that your financial records are accurate, compliant,…

Compliance Calendar November 2024

Compliance Calendar November 2024

Due Date State/Central  Compliance Act/Header Compliance Remark 15 Nov Central The Employees’ Provident Funds and MP Act, 1952 PF Remittance Applicable for all states 15 Nov Central The Employees’ Provident Funds and MP Act, 1952 PF International Workers Returns Applicable for all states 25 Nov Central The Employees’ Provident Funds and MP Act, 1952 EDLI…

BONUS RETURN AS PER PAYMENT OF BONUS ACT

BONUS RETURN AS PER PAYMENT OF BONUS ACT

Under the Payment of Bonus Act, 1965, the rules for filing a Bonus Return are designed to ensure transparency and compliance in bonus payments for eligible employees. Here’s a breakdown of the primary aspects: For further information, consider consulting your compliance advisor or visiting Sankhla Corporate Services, who specialize in labour law compliance services and…

Diwali Bonus and Its Connection to the Payment of Bonus Act:

Diwali Bonus and Its Connection to the Payment of Bonus Act:

Diwali bonus for employees The Payment of Bonus Act, 1965, establishes the framework for annual bonuses; however, the Diwali bonus is frequently regarded as an additional incentive that goes beyond the legal requirements. Organizations may choose to combine the Diwali bonus with the obligatory bonus or offer it as a separate festive reward aimed at…

EPF CLAIM SETTLEMENT

EPF CLAIM SETTLEMENT

Since aadhaar details can’t be corrected after the member’s death, EPFO has decided to allow the processing of physical claims without seeding aadhaar, but only as a ‘temporary measure’. In certain cases, physical claims can be settled without seeding aadhaar. EPF has released a circular detailing the settlement of physical claims in death cases. The…

ESTABLISHMENT COMPLIANCE SERVICES

ESTABLISHMENT COMPLIANCE SERVICES

The spectrum of services and support offered to companies or establishments to make sure they are in compliance with different laws, regulations, and standards is sometimes referred to as “establishment compliance services.” For businesses to stay out of trouble with the law, avoid fines, and protect their reputation, these services may be essential. The following…