Hi All Just joined,, Well would like to know the exact rule for registering PF and ESI for exp: Minimum no of employees
From India, Pune
From India, Pune
Dear Mr. Rakesh At Present coverage of EPF - maximum salary Rs. 6500/ and for ESIC coverage - maximaum Salary of Rs. 15000/-
From India, Pune
From India, Pune
The minimum number of employees is twenty employed on any day in the preceding twelve months.B.Saikumar,,
From India, Mumbai
From India, Mumbai
Dear Rakesh,
Please refer to Section 1(3) of the EPF & MP Act and Sections 1(5) and 2(12) of the ESI Act subject to wage ceiling for applicability of these welfare legislations to the establishments.
Regards
From India, Mumbai
Please refer to Section 1(3) of the EPF & MP Act and Sections 1(5) and 2(12) of the ESI Act subject to wage ceiling for applicability of these welfare legislations to the establishments.
Regards
From India, Mumbai
Dear Mr. Dharmendra In our organisation we are following suppose a person getting (Basic + D.A.) Rs. 6501/= then we are not deducting EPF.
From India, Pune
From India, Pune
Dear Friend,
Registration under ESI Act in accordance with notification issued by ESIC that if an establishment /factory employees 10 or more employees, they are to apply for registration irrespective of facts that employees are covered under ESI or not. In other words, an establishment or factory employees 10 employees and even all of them are drawing a gross salary exceeding Rs.15,000/ per month, such establishment/factory shall have to apply and obtain ESI Registration.
So far as PF is concerned, PF Registration needs to be obtained if a factory/establishment employs a minimum of 20 employees in a month. Employees hose who are drawing a salary ( basic & da) up-to Rs 6500/per month PF contribution is payable on basic & da (Contribution = employees @12% & Employer 13.61%). So PF Registration is a must.
It is to be noted that even the number of employees is less than 20 in any establishment/factory per month , such factory/establishment , if they are willing to be covered under PF Act ,may voluntarily apply for PF Registration under the provisions of PF Act.
Sibabrata Majumdar
Management Consultant- Legal & HR
Mb:09830023706
From India, Calcutta
Registration under ESI Act in accordance with notification issued by ESIC that if an establishment /factory employees 10 or more employees, they are to apply for registration irrespective of facts that employees are covered under ESI or not. In other words, an establishment or factory employees 10 employees and even all of them are drawing a gross salary exceeding Rs.15,000/ per month, such establishment/factory shall have to apply and obtain ESI Registration.
So far as PF is concerned, PF Registration needs to be obtained if a factory/establishment employs a minimum of 20 employees in a month. Employees hose who are drawing a salary ( basic & da) up-to Rs 6500/per month PF contribution is payable on basic & da (Contribution = employees @12% & Employer 13.61%). So PF Registration is a must.
It is to be noted that even the number of employees is less than 20 in any establishment/factory per month , such factory/establishment , if they are willing to be covered under PF Act ,may voluntarily apply for PF Registration under the provisions of PF Act.
Sibabrata Majumdar
Management Consultant- Legal & HR
Mb:09830023706
From India, Calcutta
Hi Rakesh,
these link may help you.
https://www.citehr.com/203575-comple...esi-rules.html
https://www.citehr.com/70854-pf-pt-e...ional-tax.html
From India, Noida
these link may help you.
https://www.citehr.com/203575-comple...esi-rules.html
https://www.citehr.com/70854-pf-pt-e...ional-tax.html
From India, Noida
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