Hi, Can somebody clarify on the minimum employees required for PF & ESI registration. I live in Bangalore, Karnataka. Also, please letme know the existing bonus slab. Awaiting reply. Regards, Shoba
From India
From India
Leave management shouldn?t be a headache?automate requests & approvals today. See It In Action - Book Your Demo
Hi Shoba Can you tell me what is the nature of your organisation. Is it manufacturing or service? In manufacturing then minimum is 10 employees for both & for service industries then its 20
From India, Bangalore
653From India, Bangalore
Shoba Ji, Minimum 20 employees required for ESI / PF Coverage but if your company is dealing with Power then 10 is the minimum limit. Chill HR !!
From India, Gurgaon
From India, Gurgaon
Hi Shoba,
There was an amendment in ESIC on 16-03-2011 regarding the applicability of the Act to an organization with 10 or more employees for registration, regardless of power usage. For PF registration, a minimum of 20 employees should be present in your establishment on any day of the preceding year.
Regards,
Mallikarjuna R
9986581275
From India, Bangalore
There was an amendment in ESIC on 16-03-2011 regarding the applicability of the Act to an organization with 10 or more employees for registration, regardless of power usage. For PF registration, a minimum of 20 employees should be present in your establishment on any day of the preceding year.
Regards,
Mallikarjuna R
9986581275
From India, Bangalore
If you employ 20 or more persons, you will be under the EPF Act. If yours is a factory and employs 10 or more persons, ESI is applicable. If it is a shop or commercial establishment, ESI will be applied if it employs 20 or more persons. Some states have reduced this number to 10. Please confirm with your nearest Branch office of ESI. The persons referred to above need not be within the salary limit.
Varghese Mathew
09961266966
From India, Thiruvananthapuram
Varghese Mathew
09961266966
From India, Thiruvananthapuram
Dear Ratikanta,
Thank you for your time in replying. I still have a question. Bonus rates range from 8.33% to 20%. How is it that Rs.3500 is considered a standard amount for earnings between Rs.3,500 and Rs.10,000? For instance, if the salary is Rs.3500, will the bonus be an equal amount of Rs.3500?
Also, what about salaries exceeding Rs.10,000? What is the bonus rate on these amounts?
Regards,
Shoba
From India
Thank you for your time in replying. I still have a question. Bonus rates range from 8.33% to 20%. How is it that Rs.3500 is considered a standard amount for earnings between Rs.3,500 and Rs.10,000? For instance, if the salary is Rs.3500, will the bonus be an equal amount of Rs.3500?
Also, what about salaries exceeding Rs.10,000? What is the bonus rate on these amounts?
Regards,
Shoba
From India
Dear Sobha & All,
It's 10 employees for ESI for all from June 2010 as per the attached notice from ESI and 20 employees for PF. If you have fewer than 20 employees, you can apply for voluntary PF.
Best Regards,
SKY
Orbit HR Solution
9899196639
From India, Pune
It's 10 employees for ESI for all from June 2010 as per the attached notice from ESI and 20 employees for PF. If you have fewer than 20 employees, you can apply for voluntary PF.
Best Regards,
SKY
Orbit HR Solution
9899196639
From India, Pune
Dear Shoba,
The bonus depends on the basic + DA if applicable only. If you are covered under the compulsory Bonus Act, then a bonus should be provided, a minimum of 8.33% of whatever the basic amount, even if a loss occurred to the company in the previous year. (The maximum bonus can be given up to 20%.) ESI is applicable to all employees whose basic is not more than 10000.
Thanks,
Suresh S
Chennai
From India, Madras
The bonus depends on the basic + DA if applicable only. If you are covered under the compulsory Bonus Act, then a bonus should be provided, a minimum of 8.33% of whatever the basic amount, even if a loss occurred to the company in the previous year. (The maximum bonus can be given up to 20%.) ESI is applicable to all employees whose basic is not more than 10000.
Thanks,
Suresh S
Chennai
From India, Madras
Can anybody guide me that
I am working in a pharmaceuticals for marketing of medicines. This company earlier provided ESI facility to every employee. However, somehow the company was sold to another person, and now the new management has stated that ESIC is not applicable, and we will not provide it for employees. Can I ask for a legal platform? How? Can the employer be punished? (Because the previous employer was providing this facility, now this company's name is on the list of defaulters on the ESIC's website.)
Rajendra
From India, Mumbai
I am working in a pharmaceuticals for marketing of medicines. This company earlier provided ESI facility to every employee. However, somehow the company was sold to another person, and now the new management has stated that ESIC is not applicable, and we will not provide it for employees. Can I ask for a legal platform? How? Can the employer be punished? (Because the previous employer was providing this facility, now this company's name is on the list of defaulters on the ESIC's website.)
Rajendra
From India, Mumbai
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.
