This skill automates the complex calculation of statutory benefits within the Indian legal ecosystem, covering PF, ESI, Gratuity, Bonus, and Retrenchment Compensation. It is designed for HR professionals, legal practitioners, and developers who need to ensure compliance with the latest Indian labour statutes, including the Payment of Gratuity Act and the Industrial Disputes Act. By handling specific eligibility thresholds, wage caps, and rounding rules, it provides accurate financial breakdowns for payroll audits, final settlements, and legal documentation.
Características Principales
01Section 25F compliant Retrenchment Compensation formulas for industrial disputes
02Statutory Bonus calculation covering minimum and maximum percentage thresholds
03Comprehensive PF and ESI contribution calculations with statutory wage ceilings
04Detailed Notice Pay and Leave Encashment breakdowns based on service history
058 GitHub stars
06Automated Gratuity computation with 5-year eligibility and 20-lakh capping logic