I would appreciate it if you could let me know the following;
1. Rules relating to compulsary PFand ESIC registation for a Pvt. ltd doing professional consultancy - which has less than 20 staff
2. If ESIC is applicable - is the consolidated salary constitute the limit of Rs.15000/- ? of is there any break up for it
Looking forward to receive your valueable adivse
regards and best wihes
Kuriakose
From India, Mumbai
11. Rules relating to compulsary PFand ESIC registation for a Pvt. ltd doing professional consultancy - which has less than 20 staff
2. If ESIC is applicable - is the consolidated salary constitute the limit of Rs.15000/- ? of is there any break up for it
Looking forward to receive your valueable adivse
regards and best wihes
Kuriakose
From India, Mumbai
Dear,
For pf and esic the employee strength should be 20. if the employee is less than that as per Act you could not deduct the PF and ESIC. But once the employee strength get pass to 20. then you can start deduction. After that the employee strength is not considered if the no. employee in your organisation get below 20. you have to deduct the PF and ESIC if there is only 1 employee.
There is no special break for ESIC contribution. The gross salary is considered and it is 15000/- after that it is compulsory not deduct the esic.
Hope this will helps you.
From India, Mumbai
For pf and esic the employee strength should be 20. if the employee is less than that as per Act you could not deduct the PF and ESIC. But once the employee strength get pass to 20. then you can start deduction. After that the employee strength is not considered if the no. employee in your organisation get below 20. you have to deduct the PF and ESIC if there is only 1 employee.
There is no special break for ESIC contribution. The gross salary is considered and it is 15000/- after that it is compulsory not deduct the esic.
Hope this will helps you.
From India, Mumbai
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ESI (General PF) Rules 1995.doc
PF & ESI.zip
Presentation PF&ESI.ppt