Posts tagged "Statuory"

Letter of Appointment as a Consultant or Consultancy Agreement

I have attached the format for Consultancy Agreement . You can make the necessary changes as required; all fields in bold need to be updated.

CONSULTANCY AGREEMENT

This agreement is made on the <date> day of <month year>, between Mr. /Ms. <Name> aged about <age> residing at <Address, City, Pin> [herein after referred to as Consultant] of the one part and <Name of company> having its registered office at <office address in full> [herein after referred to as the Company] of the second part.

 

This agreement has been entered into between the Consultant and the Company and will be effective from <effective date> for a period of ELEVEN MONTHS i.e. up to <end date>. This agreement supersedes all previous agreements.

 

Now this agreement witnesses the following terms and conditions agreed between the parties and are binding on both.

 

1.     The consultant shall be engaged under the designation of <”Designation- Department”> based at <Location>.

 

2.     The consultant will work on all working days during the tenure of the agreement, and in no circumstances may the consultant engage himself in any other business whatsoever whilst so engaged.

 

3.     The consultant shall not indulge in any act or omission, which is likely to harm the reputation of the company. The consultant will be signing the Non Disclosure Agreement of the company.

 

4.     The consultant shall be paid remuneration of Rs. <salary/-> < (salary in words)> per month excluding service tax on consultation on the succeeding <payroll date> of the calendar month during the agreement period.

 

5.     The consultant shall be paid remuneration as under during the agreement period:

Mention all details of compensation to be paid; for e.g.:

  • Medical coverage will be provided to the consultant and his family to the extent of Rs…../- p.a. for hospitalization expenses only, apart from Group personal accident & workmen’s compensation coverage.

 

  • The variable salary component, termed as Performance Linked Pay (PLP) will be pegged at 20% of your annual remuneration, and will be based on metrics, covering the business, financial and performance parameters and will be based on a combination of-

a)     The performance of the company as a whole (7%)

b)     The performance of the Business vertical and the Region concerned (7%)

c)     The performance of the Consultant (6%)

  • Mobile expenses will be reimbursed as per company policy.
  • Conveyance expenses will be reimbursed as per company policy.

6.     The consultant shall be provided a company vehicle which is to be maintained as per company policy (if vehicle will be provided)

 

7.      The consultant shall serve the company loyally, faithfully and diligently and shall at all times safeguard and protect the interest of the company.

 

8.     The consultant shall not have any financial transaction with other consultants or customer/suppliers of the company.

 

9.     The consultant shall not be entitled for benefits like gratuity, PF, and any other fringe benefits except mentioned in this agreement.

 

10. The consultant shall be entitled for <no. of leave days> days of leave per annum. Unavailed leave shall lapse at the end of the period of the contract.

 

11. Either party will be at liberty to terminate the agreement by giving one month’s notice in writing with or without assigning any reasons.

 

12. In the event of this agreement being terminated, the consultant shall repay the lump sum amount outstanding against him on any account whatsoever.

This agreement shall be enforceable by suit or otherwise at <location> only.

 

Witness:

 

Authorised signatory

Signature of the Consultant

 

Click Here to Download Consultancy Agreement in Word

1 comment - What do you think?
Posted by Hrformats - December 26, 2011 at 9:17 AM

Categories: HR   Tags: , , ,

Statutory Compliance checklist

I have attached the format Statutory Compliance checklist

SCHEDULED RETURNS UNDER VARIOUS STATUTES
MONTH & NAME OF THE STATUTE FORM Nature of Return/Compliance To be submitted to
LAST DATE
31-Jan The Employment ExchangesCNV Act ER -II Bi annual return Asst Employment Officer
31-Jan The Maternity Benefit Act 1961 KL&M Annual Returns Inspector of Factories
31-Jan The Factorice Act1948 Common annual Returns Inspector of Factories/ACL
31-Jan The State Labour Welfare Fund Act F Annual Statement of Contributions Welfare Commissioner
1-Feb The Motor Transport Workers Act 1961 IV Annual Returns Asst Commissioner of Labour
1-Feb The Minimum Wages Act 1948 III Annual Returns Labour Inspector
15-Feb The Payment of Wages Act 1936 IV Annual Returns Inspector of Factories/Labour Officer
15-Feb The Contract Labour (R&A) Act 1970 XXV Annual Returns by Employer Asst Commissioner of Labour
30-Apr The Employees PF Act 1952 3A & 6A Annual individual Returns Regional PF Commissioner
30-Sep The State Shops & Establishments Act G Annual Return Labour Inspector
30-Sep The Professional Tax Act 1976 Cheque Renewal of enrolment Asst Professional Tax officer
30-Sep The State Shops & Establishments Act AA Renewal of Licence (Annual) Labour Inspector
31-Oct The Motor Transport Workers Act 1961 I Renewal of Licence (Annual) Labour Officer
30-Nov The National & Festival Holidays Act 1963 I&IV Application for approval of Labour office
holidays with list
31-Dec The Factorice Act1948 2 Renewal of Licence (Annual) Inspector of Factories
Within 30days The Payment of Bonus Act 1965 D Annual Return Asst labour Commissioner
31-Jan The Contract Labour (R&A) Act 1970 XXIV Half Yearly Return Asst Commissioner of Labour
30-Apr The Apprenticeship Act APP-2 Half Yearly Return Dy Apprenticeship Adviser
11-May The Employee state Insurance Act 1948 6 Summary of Contributions in ESI Regional Commissioner
quarduplicate
31-Jul The Factorice Act1948 21 Half yearly return Inspector of Factories
31-Jul The Contract Labour (R&A) Act 1970 XXIV Half Yearly Return Asst Commissioner of Labour
31-Oct The Apprenticeship Act APP-2 Half Yearly Return Dy Apprenticeship Adviser
11-Nov The Employee state Insurance Act 1948 6 Summary of Contributions in ESI Regional Commissioner
quarduplicate
31-Jan The Employment ExchangesCNV Act ER-I Quarterly returns Asst Employment Officer
30-Apr The Employment ExchangesCNV Act ER-I Quarterly returns Asst Employment Officer
31-Jul The Employment ExchangesCNV Act ER-I Quarterly returns Asst Employment Officer
31-Oct The Employment ExchangesCNV Act ER-I Quarterly returns Asst Employment Officer
21st The Employee state Insurance Act 1948 CHALLANS Monlthly Remittance of Contributions Thru SBI/SBH
15th The Employees PF Act 1952 CHALLANS Monlthly Remittance of Contributions Thru SBI/SBH
21st The Employees PF Act 1952 5,10&12A Monthly Return of employees
qualifying/leaving&monthly Regional PF Commissioner
remittance statements
15th The Professional Tax Act 1976 5 Monthly Return Asst Prof.Tax Officer
Immediately fatal The Employee state Insurance Act 1948 16 Accident Report ESI Local office & Dispensary
death
12 hours of The Factorice Act1948 18 Notice of Accident Inspector of Factories
Occurance

 

Click Here To Download Statuory Return Format

 

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Posted by Hrformats - December 26, 2011 at 9:13 AM

Categories: HR   Tags: , ,