Dear Seniors,
Is paying of PF/ESIC compulsory for Employer (proprietor) If the establishment has about 14 employees on rolls and about 17 employees on Fixed Term Contract basis. Please guide.
Regards,
Sura
From India, Mumbai
19Is paying of PF/ESIC compulsory for Employer (proprietor) If the establishment has about 14 employees on rolls and about 17 employees on Fixed Term Contract basis. Please guide.
Regards,
Sura
From India, Mumbai
Well . its a good question.
Let us introduce ourselves. We are an educational institution based at Kolkata providing guidance on LAW and PHYSICS.
We also provide free advice to the students, general public and people like you.
Under the PF Act proprietor is not deferrent from employer.
Please let me know the total contractual period of these 17 employees first.
Also let me know the minimum basic salary of the 14 employees.
From India, Calcutta
Let us introduce ourselves. We are an educational institution based at Kolkata providing guidance on LAW and PHYSICS.
We also provide free advice to the students, general public and people like you.
Under the PF Act proprietor is not deferrent from employer.
Please let me know the total contractual period of these 17 employees first.
Also let me know the minimum basic salary of the 14 employees.
From India, Calcutta
For the 17 employees its a Fixed Term Contract for 1year (mentioned in the appointment letter itself) & the salary range is from 4500 to 9000...regarding the rest 14 i guess since their range is above 10k basic so it should not matter
From India, Mumbai
From India, Mumbai
Thank you Sir for the inputs.....As I understand PF is mandatory if employee numbers are 20 or more, irrespective of whether if they are in Contract, FTC (Fixed Term Contract) or employees. So therefore depending on the salaries PF & ESIC comes into force.
From India, Mumbai
From India, Mumbai
Hello Mr Medavarapu....thanks for the info ...would be obliged if you could also confirm the same about ESIC applicability....our company is a startup and into 2nd year of operations
Thanks
Suresha Salian
From India, Mumbai
Thanks
Suresha Salian
From India, Mumbai
Hello Mr Medavarapu, Is this true?....Our company is into 2yr of operations so shall we wait for the completion of 3yrs & then go ahead with PF & ESIC?
From India, Mumbai
From India, Mumbai
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