My company in chennai has HO in Mumbai. I have been in chennai office for 1 year. To my knowledge there is no evidence of challan payment for HR remitance in PF.
Also blindly they have been following that PF is exempted for Rs.8000/- gross. Though the employee strength is 80, they have no ESIC code. How is it possible? When I tried to explain the serious error, they did not lend ears. Are these not so serious in Maharashtra?
I am employed as Consultant. For the employees who left the service, I have been giving PF claim forms 19/10c and forwarding to Mumbai. I don't think if anyone had got the amount as claim from Maharashtra.
I want to suggest the management that it may go for PF exemption if they are not serious about Ee/Er PF. Always it is a trouble with the erring employers and not employees.
My heart beats for the employees. Please suggest a remedy.
From India, Madras
39Also blindly they have been following that PF is exempted for Rs.8000/- gross. Though the employee strength is 80, they have no ESIC code. How is it possible? When I tried to explain the serious error, they did not lend ears. Are these not so serious in Maharashtra?
I am employed as Consultant. For the employees who left the service, I have been giving PF claim forms 19/10c and forwarding to Mumbai. I don't think if anyone had got the amount as claim from Maharashtra.
I want to suggest the management that it may go for PF exemption if they are not serious about Ee/Er PF. Always it is a trouble with the erring employers and not employees.
My heart beats for the employees. Please suggest a remedy.
From India, Madras
The number of employees only suggests whether the company is under EPF / ESI regulations. Definitely, your firm is to be covered. But there may be employees who are uncovered, such as, those whose salary exceeds Rs 6500 at the time of joining(very important- AT THE TIME OF JOINING IF THE SALARY EXCEEDS RS 6500) is not covered by EPF Act. But once covered he will continue to be covered irrespective of salary. Under ESI, it is Rs 10000, and those whose salary exceeds the limit will become uncovered from the next contribution period onwards.
The basic thing to be noted is that, if PF/ESI is deducted from the salary, certainly, it should be remitted to the concerned account, failing which, you are responsible for misappropriation of funds. Therefore, ensure that remittances are being done in time and returns submitted regularly.
Madhu.T.K
From India, Kannur
The basic thing to be noted is that, if PF/ESI is deducted from the salary, certainly, it should be remitted to the concerned account, failing which, you are responsible for misappropriation of funds. Therefore, ensure that remittances are being done in time and returns submitted regularly.
Madhu.T.K
From India, Kannur
Dear Selva
Greetings.
EPF and ESIC Coverage has to be done for the eligible company by themselves. Law will not say that your company is applicable under these acts. Further any ignorance of law cannot be considered as an excuse for non complaince.
The salary limit for coverage under EPF act is Rs.6500/-. for ESI Act is Rs.10000/-. Hence you advise properly to your management on these issues otherwise ESI / EPF authorities has the right to summon you to pay contribution for the past period with penalty and interest.
Cheers
Trisha
HR Professional
From India, New Delhi
Greetings.
EPF and ESIC Coverage has to be done for the eligible company by themselves. Law will not say that your company is applicable under these acts. Further any ignorance of law cannot be considered as an excuse for non complaince.
The salary limit for coverage under EPF act is Rs.6500/-. for ESI Act is Rs.10000/-. Hence you advise properly to your management on these issues otherwise ESI / EPF authorities has the right to summon you to pay contribution for the past period with penalty and interest.
Cheers
Trisha
HR Professional
From India, New Delhi
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PF & ESI.zip
Presentation PF&ESI.ppt
Exp.and esi pf mis format.xls