Dear sir My question is that Is PF & ESI is Applicable on the owner of the company or they can be exempted
From India, Chandigarh
1From India, Chandigarh
It depends if your owner is on the rolls of the company, then all statutory complinace need to be taken care.
From India, New Delhi
From India, New Delhi
Hi Sanjeev,
As per Provident Fund act.1952.
PF shall be applicable to all employees who are working with 20 or more that 20 employees strength of the organization. If owner of the company shows as employee so, we have to consider as member of PF.
As per Employees state insurance act.1948.
above mentioned eligibility is applicable to this act.
but, you can a void the same, if the gross salary is more than 10,000/- p.m. so, those employees will be not consider in ESIC.
For more details, you can revert me.
Thanks & Regards,
From India, Mumbai
As per Provident Fund act.1952.
PF shall be applicable to all employees who are working with 20 or more that 20 employees strength of the organization. If owner of the company shows as employee so, we have to consider as member of PF.
As per Employees state insurance act.1948.
above mentioned eligibility is applicable to this act.
but, you can a void the same, if the gross salary is more than 10,000/- p.m. so, those employees will be not consider in ESIC.
For more details, you can revert me.
Thanks & Regards,
From India, Mumbai
dear sanjeev your query is confusing and not clear .what do u want to ask make it clear. tks j s malik
From India, Delhi
From India, Delhi
Dear, If the owner’name is enrolled in the company records as a company employee , So that the all rules & reguation will be applicable on him.
From India, Hyderabad
From India, Hyderabad
Tushar Rightly said ,one addition if basic is above Rs.6500/- it is not mandatory to become member of PF
From India, Madras
From India, Madras
Dear Malik Sir,
My one more question to you regarding PF applicability, if the factory and head office are located at different places and the PF code is taken from the head office location is it acceptable, and can the PF inspector of factory location can inspect that factory though the number is not taken under that area pf commisionarate.
Please guide.
regards
Brijesh
From India, Pune
My one more question to you regarding PF applicability, if the factory and head office are located at different places and the PF code is taken from the head office location is it acceptable, and can the PF inspector of factory location can inspect that factory though the number is not taken under that area pf commisionarate.
Please guide.
regards
Brijesh
From India, Pune
Dear Sanjeev,
For the purpose of the PF & MIsc. Provisions Act the owner of the firm cannot be said to be an employee of the firm as a person cannot be both an employer and employee. The ESIC is applicable to the employees drawing salary below Rs. 10000/-, since the owner do not draw salary he shall not be entitled for ESIC also.
regards
Brijesh
From India, Pune
For the purpose of the PF & MIsc. Provisions Act the owner of the firm cannot be said to be an employee of the firm as a person cannot be both an employer and employee. The ESIC is applicable to the employees drawing salary below Rs. 10000/-, since the owner do not draw salary he shall not be entitled for ESIC also.
regards
Brijesh
From India, Pune
Dear Sir,
If the owner is proprietor of the company, PF & ESI is not applicable. You cannot enroll the Proprietor as employee of the company. Partners and Director's of the company may contribute to PF.
Regarding the factory not covered under PF, you can include the factory details in the main code and remittance may be started irrespective of the number of employees. When that area PF inspector visiting you can show the Form 6 return copy and shows the list of employees covered. But regarding ESI you have to get separate code number.
I hope it is clear.
D.D.NARASIMHAN
From India, Coimbatore
If the owner is proprietor of the company, PF & ESI is not applicable. You cannot enroll the Proprietor as employee of the company. Partners and Director's of the company may contribute to PF.
Regarding the factory not covered under PF, you can include the factory details in the main code and remittance may be started irrespective of the number of employees. When that area PF inspector visiting you can show the Form 6 return copy and shows the list of employees covered. But regarding ESI you have to get separate code number.
I hope it is clear.
D.D.NARASIMHAN
From India, Coimbatore
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
PF & ESI.zip
Presentation PF&ESI.ppt
Exp.and esi pf mis format.xls