Hi All,
I am Ekta, I have joined a new started IT Organisation based in Gujarat and I need information about PT, PF and ESI rules for Employer.
Can anyone help me out that what are the criterion and minimum employee strength as per government rules to fall under these compliances.
Thanks & Regards
Ekta Maniyar
From India, Mumbai
I am Ekta, I have joined a new started IT Organisation based in Gujarat and I need information about PT, PF and ESI rules for Employer.
Can anyone help me out that what are the criterion and minimum employee strength as per government rules to fall under these compliances.
Thanks & Regards
Ekta Maniyar
From India, Mumbai
Hi Buddy,
ESI:
1. Applicable to all factories (Including Govt) other than seasonal factories which means working less than 7 months in a year.
2. Employees who are drawing upto 15,000 Rupees per month (excluding Overtime Wages) are eligible to become ESI members.
3. All workers including temporary workers are eligible to become member of ESI.
4. if the temporary workers are employed through contractors, if contractor fails to pay the ESI than it is Principal Employer Duty to pay it and deduct it from contractor payment.
PF:
1. Applicable to all establishment engaged in a industry specified in Schedule-01 and where 20 or more workmen are employed.
2.PF will be deducted from all members at 12% of the Basic wages and Dearness allowances which limits up to 15,000 Rupees.
3.Employer also pay an equal amount of contribution for respective employees.
3. All workers including temporary workers employed in the schedule 1 industries are eligible to become member of PF & EPS.
I attaching a PPT for your reference
Thumbs Up
From India, Chennai
ESI:
1. Applicable to all factories (Including Govt) other than seasonal factories which means working less than 7 months in a year.
2. Employees who are drawing upto 15,000 Rupees per month (excluding Overtime Wages) are eligible to become ESI members.
3. All workers including temporary workers are eligible to become member of ESI.
4. if the temporary workers are employed through contractors, if contractor fails to pay the ESI than it is Principal Employer Duty to pay it and deduct it from contractor payment.
PF:
1. Applicable to all establishment engaged in a industry specified in Schedule-01 and where 20 or more workmen are employed.
2.PF will be deducted from all members at 12% of the Basic wages and Dearness allowances which limits up to 15,000 Rupees.
3.Employer also pay an equal amount of contribution for respective employees.
3. All workers including temporary workers employed in the schedule 1 industries are eligible to become member of PF & EPS.
I attaching a PPT for your reference
Thumbs Up
From India, Chennai
Hi, i got to know that now onwards for PF withdrawn new forms has been launched without employers signature i.e 19 UAN, 10-c UAN, 31 UAN, can anyone explain me the full procedure of it.
From India, Thane
From India, Thane
Hi Buddy, As far as my knowledge goes PF cannot be withdrawn without employer signature. With Regards Mr.Thumbs Up
From India, Chennai
From India, Chennai
Hi Praveen,
Thanks alot Praveen Kumaran for valuable information.
I would appreciate if you can share me information related to Professional Tax as well. As my company is new I am going to handle entire things. Our company stregnth is 14 executives, should we pay professional tax? and If yes how should I get my company registered and fill PT.
Thanks & Regards,
Ekta Maniyar
From India, Mumbai
Thanks alot Praveen Kumaran for valuable information.
I would appreciate if you can share me information related to Professional Tax as well. As my company is new I am going to handle entire things. Our company stregnth is 14 executives, should we pay professional tax? and If yes how should I get my company registered and fill PT.
Thanks & Regards,
Ekta Maniyar
From India, Mumbai
Hi Ekta,
Morning I came to know about PF latest notification which states employer attestation is not required, I attaching that notification for your reference please find it.
With Regards
Mr.Thumbs Up
From India, Chennai
Morning I came to know about PF latest notification which states employer attestation is not required, I attaching that notification for your reference please find it.
With Regards
Mr.Thumbs Up
From India, Chennai
Hi Ekta, I am from HR field so that I don’t no about tax matter for payroll process our accounts department inform us how & to whom we have to deduct professional tax. With Regards Mr.Thumbs Up
From India, Chennai
From India, Chennai
Dear Ekta
Unlike PF & ESI,Professional Tax is not applicable in all the states as it is a state tax levied by respective State Govt. through Commercial Tax/VAT Deptt or Through Municipal Corporations. Please share which state your company belongs then only other details can be shared.
However you can call me at 9999236926 for more information.
Regards
Ashok Kumar Sharma
ACS, LL.B. B.Com
From India
Unlike PF & ESI,Professional Tax is not applicable in all the states as it is a state tax levied by respective State Govt. through Commercial Tax/VAT Deptt or Through Municipal Corporations. Please share which state your company belongs then only other details can be shared.
However you can call me at 9999236926 for more information.
Regards
Ashok Kumar Sharma
ACS, LL.B. B.Com
From India
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