About the Certification Program

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Master the concepts of Indian Payroll to become a Certified HR Payroll & Compensation Specialist with our Online Certification Course on the Indian Payroll System and Income Tax on Salaries.

Gain a detailed understanding of allowances, perquisites, and income tax components to facilitate efficient management and achieve strategic business goals.

Salient Features of the Program

Benefits

Learn 40 Skills in One Program for 4 Broader Areas

FINANCE MANAGEMENT

• Budget Planning

• Cost Analysis

• Financial reporting

• Tax reconciliation

• Forecasting

• Variance analysis

• Audits

• Payroll-related investments

• Resource Allocation

• Accounts Payable review

COMPENSATION MANAGEMENT

• Salary structuring

• Performance-based compensation

• Salary revisions

• Benefits integration

• Overtime payments

• Incentive programs

• Leave encashment

• Special allowances

• Global payroll harmonization

• Equity compensation

COMPLIANCE MANAGEMENT

• Tax compliance

• Labor law adherence

• Statutory benefits administration

• Recordkeeping

• Regulatory reporting

• Data privacy compliance

• Minimum wage compliance

• Employee classification

• Anti-discrimination policies

• GDPR and other data protection laws

PAYROLL MANAGEMENT

• Payroll System Management

• Payroll processing

• Payroll error resolution

• Employee inquiries

• Direct deposit management

• Time and attendance tracking

• Payroll schedules

• Reconciliation of payroll accounts

• Vendor management

• Training and development

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Takeaways

• 30 Hours Of Action-Oriented Online Learning

• Guaranteed Opportunities For Career Growth

• Practice Materials and DIY Toolkits

• Recorded Videos of All Sessions

• Completion Certificate

• Pre Course Online skill Assessment

• Post Course Completion Online Assessment for Certification

• Certified Payroll Management Certificate

Who Can Join?

• Payroll & Compliance professionals

• HR Professionals With Varying Levels Of Experience.

• Non-HR Managers In Entrepreneurial Or Top Management Roles

Program Schedule

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[Syllabus]

This course is structured into Five modules. The basic structure of the courses is as follows:

MODULE-1: OVERVIEW OF COMPENSATION & PAYROLL MANAGEMENT

Lesson -1

The Role of Payroll Department in an Organization - Payroll Management, Introduction of HRM, HR Planning for "Payroll Budget", Compensation Management and Salary Administration, Employee Transfer and Promotions, Performance Appraisal and Increment Process.

Lesson -2

Income Under The Head Salaries u/s 17(1) of Income Tax Act, 1961 - Meaning of Salary, Wages, Annuity and Retirement benefits, Allowances and type of Allowances , Valuation of Perquisites and Taxability of Perquisites , Retirement benefits.

Lesson -3

Salary Components in terms of Fixed and Variable - Setup Payroll Administration and Functions, Structure of cost to company - CTC Appendix, Bonus Payment and Treatment of Bonus, Fee and Commission and Overtime Payment, Taxable and Non Taxable Payments (Exempted).

Lesson -4

Claim and Reimbursement Management - Claim Management Module, expense bills Submission, Medical Reimbursement and Travel Reimbursement, Type of Reimbursements, Disbursement of Claim Reimbursement.

Lesson -5

Attendance Management System and Resignation (Full and Final) of Exits - Time Management System, Leave Management System, Type of leaves and Leave without pay Calculation, Full and Final Settlement Input and Calculation.

MODULE-2: COMPENSATION & BENEFITS DESIGN

Lesson -1

Total Rewards- Understand total rewards concepts, its components & advantage of total rewards program for Organization

Lesson -2

Compensation Pay Structure Design - Design a band based & Grade based Pay structure, Job Analysis, Job Evaluation, Job families Creation.

Lesson -3

Pay Policy Design - Design a lead, lag or meet based pay program, Compensable Factors for each job family. Pay survey design & benchmarking process

Lesson -4

Pay Structure Creation - Create an Competitive pay structure, pay grades and pay ranges across the levels in the organization . Visualizes an interactive salary structure

MODULE-3: LABOUR LAW STATUTORY COMPLIANCE AND CALCULATION

Lesson -1

Employee Provided Fund - PF - What is a covered establishment?, Who will be covered by the Pension Scheme?, PF Wages, Contribution accounts and rates, PF Deposit Date, KYC and UAN Sewa, PF Forms, ECR, Filling and Claim Settle.

Lesson -2

Employee State Insurance - ESI - What is a covered establishment?, Existing Wage Limit, ESI Contribution rates and Contribution Periods, ESI cards, Deposit dates and Compliance.

Lesson -3

Professional Tax - PTAX (PT) - Professional tax applicability, Professional tax slab state wise, Professional tax calculator, Professional tax payment & registration.

Lesson -4

Labor Welfare Fund - LWF - Labor welfare fund applicability, Labor welfare fund rate (slabs) state wise, Where to deposit Labor Welfare Fund.

Lesson -5

Tax Deduction at Source - TDS - What is Income-tax?, Income Tax Slabs and Income tax Computation, Marginal tax and computation, Last Date of TDS deposit and quarterly return , Income tax Annual return and TDS Certificate (Form 16) , Interest on late payment.

MODULE-4: TAX SAVING INVESTMENT DEDUCTIONS AND EXEMPTIONS

Lesson -1

Deduction (u/s 80C - u/s 80U) of Chapter VI-A of Income Tax Act, 1961 - Deductions under section 80C, Deductions under section 80D, 80E, 80U, Deductions under section 80DD, 80DDB, 80CCD2, Deductions under section 80G, 80GG, 80GGA, Deductions under section 80TTA etc.

Lesson -2

Validation or Examination of Investment Proofs and Reimbursement Claims - Investment Proofs examination Under section 80C, Investment proofs examination others, Expense Bill examination of Reimbursements , Limit of Deductions and max eligibility up to Prorata , Previous Employer Income.

Lesson -3

LTA, HRA, Leave Encashment and Gratuity Exemption Calculations - Leave Travel Exemption, House Rent allowance - HRA Exemption, Leave Encashment Exemption, Gratuity Exemption, Exemptions others.

Lesson -4

Deduction of Entertainment Allowance and Professional Tax - Deduction of Entertainment Allowance , Entertainment Allowance is part of Tax Certificate, Deduction of Employer Tax (Professional Tax),Professional Tax is part of Tax Certificate, Other Income for Tax Deduction.

Lesson -5

Deduction of Interest on Housing Loan u/s 24(b) of Income Tax Act, 1961 - Meaning of House Property, Essential conditions for taxing income under this head, Interest on borrowed capital, Standard deductions, Deductions from income from house Property [Sec.24], Calculation format and examples.

MODULE-5: PAYROLL PROCESSING & REPORTS

Lesson -1

Gather Payroll Inputs, Setup Employees Information in Payroll System - The Features of Payroll Processing, Employee Profile setup, Update Payroll Changes, Validation of Row data and Check Reference of Calculation flags.

Lesson -2

Apply Compliances rule & Tax Rates and Determine Calculation & Deductions - Calculation variance Compliances, PF, ESI, P.TAX, LWF, TAX etc. , Tax Rate, Tax computation and One-time Tax on One-time Payment, Calculate Year to Date (YTD) of Payment and deduction, Deductions of Investment declared by Employee.

Lesson -3

Verification and Payroll Checking Step by Step - Prepaying variance reports of Monthly Payroll Payout, Transformation of Payroll inputs, Attribution of head count and cost payout, Income Tax deduction and Variance of Income Tax deduction - TDS, To give maximum benefit to Employee on investment declaration, Ensure Calculation of variance Compliances, PF, ESI, P.TAX, LWF etc.

Lesson -4

Salary Register, Slips, Bank Transfer and Management Information System - MIS - Overview on salary Slip and Salary Register, Management Information Reports - MIS, Variance of Payroll and Cost Center Reports , Bank Transfer to the Employee, Cost to Company Reports, Payment released offline by Cheque.

Lesson -5

Prepare Statutory Reports PF, ESI, PT, ESI and TDS Form 24, Form 16 etc. - PF Contribution Reports, ESI Contribution Reports, Deduction Reports of Professional tax and Labor welfare fund, Deduction Reports of Income Tax and Income Tax variance Sheet, Prepare Form 24Q - Quarterly salary TDS return , Prepare Form 16 & 12BA - TDS Certificate.

Don't Miss!!

Enroll Now with nominal fee of 5500 only to become Certified Payroll Management Specialist, tomorrow the fee will be revised to 11999/-

Pre-Assessment

Assess Your Current skills in Payroll , Compliance , Compensation & Finance Management to align your self with the specialist abilities

Practices with Experts to build your capabilities in Finance, Compensation, Compliance & Payroll Management

Evaluate Your Nurtured Ability Post Program Completion and become Certified Payroll Management Specialist

LIVE Training

Post Assessment & Certification