Training Calender
Exempted Provident Fund (PF) Trust – Legal & Tax aspects
Date & Time
Saturday, 16 October 2010 - 09.30 a.m. to 5.00 p.m.
(Registration & Breakfast: 9.00 to 9.30 am)
Venue
Hotel Atithi, Nehru Road, Vile Parle (East), Mumbai – 400 099
(Near Domestic Airport)
An organisation may apply for exemption from the operation of Provident Fund (PF) by forming the Provident Fund (PF) Trust. Many organisations have formed such exempted PF Trust. Such PF trusts are also eligible for exemption under Income Tax Act, 1961. However, there are various rules, regulations and compliances to be adhered to. “Ignorance of law is no excuse” and hence one needs to comply with statutory provisions to avoid the penal consequences. The program is aimed at providing detailed working knowledge the exempted PF trust along with taxation aspects
Exempted PF Trust under Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 (PF)
- Procedure for exemption from PF Act
- Important conditions for the exempted trust
- Membership & excluded employees
- Contribution under various schemes & nomination
- Investment pattern of exempted trust
- Duty & obligation of the employer, service provider/contractor
- Statutory returns – care to be taken
- Documents & records for inspection purpose
Employees Pension Scheme 1995 (EPS)
- Salient features & membership
- Contributions & benefits including calculation of pension amount post retirement (at macro level)
Employees' Deposit-Linked Insurance (EDLI)
- Salient features & Benefits
- Exemption
Taxation Aspects
- Taxation aspects for exempted trust
- Contribution & interest
- Withdrawal/maturity
- Taxation aspects related to PF Trust
- Conditions from approval from Income Tax
- Compliance Aspects
Please note that the program is relevant only for companies who have exempted PF Trust
Participation Level :
In general, this program will be useful for HR, personnel, finance, payroll and administrative function for understanding detailed working knowledge of taxation and legal aspects of Exempted PF trust laws. It may also be useful for those who want to revise the issue relating to above mentioned laws
Registration Fee :
Rs. 4,500/- plus service tax @ 10.30% totaling to Rs. 4,964/- per participant, which includes refreshments, vegetarian lunch & reference material. Cheque/Demand draft should be drawn in favour of “SATVAM Consulting Private Limited” payable at Mumbai. Our Income Tax PAN is AAICS5300G & Service Tax Assessee code is AAICS5300GST001
Cancellation policy: Fee once paid is non-refundable or non-adjustable in any manner. However, replacement of the participant is allowed
Nomination :
Send nomination along with the cheque and name/contact numbers/ email ids of the participants at
SATVAM Consulting Private Limited – Corporate Training Section
61, Whispering Palms Shopping Complex, Near Oriental Bank of Commerce,Lokhandwala Township, Akurli Road, Kandivali (East), Mumbai – 400101
Telephone nos.: 022 – 6698 1100 (6 Lines) / 022- 3256 1496 Fax: 022 – 6698 1105
Email: seminar@satvamindia.com / seminar@satvam.com Website: www.satvam.com
Nomination will be confirmed on first come first serve basis on receipt of cheque/DD.
Faculty profile :
Mr. K.K. Mohanty
- Retired Regional Provident Fund Commissioner
- Experience of more than 25 years
- Handled various judicial and administrative functions
- Faculty for PF related matters
CA Jignesh Thakkar
- Professionally qualified Chartered Accountant & Company Secretary
- Renowned trainer on tax related topics
- Has conducted 60 training programs on various subject on employee tax, remuneration planning, TDS etc.
- Experience of more than 12 years which includes experience in leading corporates and acting as training faculty
In-house Training Program: If you have more than 8 employees to whom this program is relevant, we will conduct customised training program for your company’s staff. Please contact to work out further details
Our forthcoming programs:
• October 8 – Day to Day Labour Laws for managers
• October 9 – HR & legal issues relating to Disciplinary proceedings & employees misconduct
• October 15 – Employee Tax & perquisite rules
• October 22 – Practical issues in Tax Deduction at Source (TDS)
• October 22 – Effective Interviewing Skills for HR & functional managers
• October 23 – Effective Time Management for organisational success
• October 23 – Effective Inventory Management for profit maximisation
For complete training calendar, visit our website www.satvam.com