Hi,
I need clarification about Pvt. Ltd companies director to act as full time employee and his share holding profit portion shared to companies development and employee's benefits. Is he eligible to contribute the ESI & PF?
From India, Coimbatore
I need clarification about Pvt. Ltd companies director to act as full time employee and his share holding profit portion shared to companies development and employee's benefits. Is he eligible to contribute the ESI & PF?
From India, Coimbatore
If the salary conditions permits the directors are also covered under ESI and EPF. As such if the salary does not exceed Rs 21000, they are covered under ESI and if they were previously employed as a member of PF and or if their salary in the present organisation is not more than Rs 15000, they should be covered by EPF also.
From India, Kannur
From India, Kannur
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.