hi can anyone tell me " pf and esi is applicable for contractual employees whose salary is consolidated 7000rs per month please clarify this thank you sarita
From India, Panipat
Acknowledge(0)
Amend(0)
2From India, Panipat
Acknowledge(0)Amend(0)
Dear Sarita,
Greetings for the day!
Yes, ESI and PF shall be compulsorily deducted if the number of employees is 20 or more.
ESI deduction Limit: Gross Salary up to 10,000.
PF can be deducted on the basic salary.
From India, New Delhi
Acknowledge(0)Amend(0)
Greetings for the day!
Yes, ESI and PF shall be compulsorily deducted if the number of employees is 20 or more.
ESI deduction Limit: Gross Salary up to 10,000.
PF can be deducted on the basic salary.
From India, New Delhi
Acknowledge(0)Amend(0)
if contractual employees are not on rolls, they are considered as consultants. In their case only a TDS of 10.3% on gross is deducted. No PF and no ESIC. thanks.. Nitin.
From India, Ahmadabad
Acknowledge(0)Amend(0)
From India, Ahmadabad
Acknowledge(0)Amend(0)
Dear Sarita,
TDS stands for Tax Deduction at Source. It is the responsibility of each employer to deduct the income tax as per the Act and rules and submit it to the IT department. For contractual employees, the TDS rate is a flat 10.3%.
Best regards,
Meenaal
From India, Vashi
Acknowledge(0)Amend(0)
TDS stands for Tax Deduction at Source. It is the responsibility of each employer to deduct the income tax as per the Act and rules and submit it to the IT department. For contractual employees, the TDS rate is a flat 10.3%.
Best regards,
Meenaal
From India, Vashi
Acknowledge(0)Amend(0)
What kind of industry are you in? there could be different implications if you are in a factory or in construction.
From India, Vashi
Acknowledge(0)Amend(0)
From India, Vashi
Acknowledge(0)Amend(0)
The contract employees, when recruited by a company and taken into their payroll, will become on-roll employees. There is no specific act that mandates the conversion of a contract employee to an on-roll employee.
If you have contract employees in your factory, you may not directly pay the ESI and EPF for them. Instead, you need to regularize the company's payment of these benefits for them. If you have a significant number of employees, you must refer to the CLRA (Contract Labour Regulation and Abolition) Act and ensure compliance with all the rules outlined in the act.
From India, Pune
Acknowledge(0)Amend(0)
If you have contract employees in your factory, you may not directly pay the ESI and EPF for them. Instead, you need to regularize the company's payment of these benefits for them. If you have a significant number of employees, you must refer to the CLRA (Contract Labour Regulation and Abolition) Act and ensure compliance with all the rules outlined in the act.
From India, Pune
Acknowledge(0)Amend(0)
i was not able to clarify this thing what is diff between on roll and off roll or contractual if company pay all facilities like PF,ESI than it is on roll position wht
From India, Panipat
Acknowledge(0)Amend(0)
From India, Panipat
Acknowledge(0)Amend(0)
TDS is nothing but the deductions that take place when you are providing salary for contract employees or service charges to consultants or other service providers. If you need a TDS calculator, you can download one from the internet.
From India, Pune
Acknowledge(0)Amend(0)
From India, Pune
Acknowledge(0)Amend(0)
On-roll employees are those who are under your company's payroll, meaning that PF, ESI, and other employee benefits should be taken care of by you.
Off-roll employees, on the other hand, are individuals who are managed by other companies or contractors. They receive their salary or service charges from these entities while working for your company.
From India, Pune
Acknowledge(0)Amend(0)
Off-roll employees, on the other hand, are individuals who are managed by other companies or contractors. They receive their salary or service charges from these entities while working for your company.
From India, Pune
Acknowledge(0)Amend(0)
TDS Rates AY 2009-10
For TDS, this link may help you..............
From India, Pune
Acknowledge(0)Amend(0)
For TDS, this link may help you..............
From India, Pune
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
PF & ESI.zip
Presentation PF&ESI.ppt
Exp.and esi pf mis format.xls