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sasikumar_ksv
Hi, We are a newly started company, now we are going to register under Pf & ESI Acts - How can we register and follow the PF & ESI rules.
We required full details of entry-level in PF & ESI and also related human resources activities.

From India, Coimbatore
purshottamsaini
15

Follow this :

PF ACT

a) To obtain PF Code Number, soon after employing 20 or more persons, from the Regional/ Sub-Regional PF Commissioner by submitting prescribed forms.

b) To allot individual PF Number, to each employee and maintain the list in Form 9.

c) To obtain Nomination and Declaration in Fom.2 from every employee including casual, Temporary, Contract or Regular immediately and obtaining employer’s Code Number.

d) To deduct 12 % of earned salary (gross of basic + DA+ retaining allowance if any) in the payment.

e) To pay employee’s share of 12% and employer’s share of 3.67% to the Provident Fund in A/c. No.1 through prescribed common challan, within 15 days from the wage period.

f) To pay employer’s share of 8.33% to the Pension Fund in A/c. No. 2 through prescribed common challan within 15 days from the wage period.

g) To pay PF Administration Charges at 1.10% to A/c. No. 10 through prescribed common challan within 15 days from the wage period.

h) To pay EDL I charges at 0.5% to A/c. No. 21 through prescribed common challan within 15 days from the wage period.

i) To pay Inspection charges at 0.01% to A/c. No.22 through prescribed common challan within 15 days from the wage period.

j) To maintain Contribution Card in Form 3-A separately for all PF members.

k) To send monthly statement of Contributions in Form 12-A along with copies of paid challans.

l) To send Form 5 along with the Declaration and Nomination in Form 2 and Form 10 along with Form 3-A.

m) To send Annual Return in Form 6-A along with Form 3-A before 20th March of each year.

ESI Act

a) To register the factory/establishment, within 15 days by filing Form 01 and to obtain employer’s code number.

b) To obtain Declaration, in Form 1 before taking any person into employment. To send declaration forms within 10 days to the ESI Local office along with Return of Declaration in Form 3.

c) To deduct 1.75% of the wages as employee’s contribution and add 4.75% as employee’s contribution and deposit the same within 21 days of the last day of the calendar month.

f) To maintain a Register of Employees in Form 7 and make entries of contributions.

g) To make payment of ESI contributions within 21 days of wage period.

h) To send Return of Contributions in Form 6 to Local Office within 42 days from the closure of contribution period.

i) To obtain particulars of employee’s family in Form 1-A and later, any changes in Form 15-B, within 10 days, and submit the same to the local ESI office.

j) To issue Identity Card, in place of slip, to the employees.

k) To maintain a bound Inspection Book, prescribed under Regulation 102 A – an Accident Book in Form 15 and to send Accident Report to the local office/dispensary and to others depending upon the seriousness of the accident.

From India, Calcutta
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