Dear everyone,
We have just converted our Proprietorship business into Private Limited. Now We have 2 ESI & PF Code for each Proprietorship & Private Limited. We want to retain both of them. We are going to convert all our existing employees from proprietorship code to Private Limited Code. But after that what we have to do with our Proprietorship code. We don't want to surrender that. In future we may do other business under proprietorship name. So we want to retain that. now what is the minimum amount we have to pay for PF & ESI monthly returns and How can we pay that.
From India, Tirunelveli
1We have just converted our Proprietorship business into Private Limited. Now We have 2 ESI & PF Code for each Proprietorship & Private Limited. We want to retain both of them. We are going to convert all our existing employees from proprietorship code to Private Limited Code. But after that what we have to do with our Proprietorship code. We don't want to surrender that. In future we may do other business under proprietorship name. So we want to retain that. now what is the minimum amount we have to pay for PF & ESI monthly returns and How can we pay that.
From India, Tirunelveli
Your point is not clear - Is there a new company formed or converted Proprietorship into Pvt. Ltd. If there is change in constitution, then you should not have gone in for new ESIC & EPF codes, but should have submitted a letter, informing them about change in constitution along with supporting documents.
From India, Pune
From India, Pune
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