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Dear Prema
ESI coverage is mandatory for employees whose gross salary is lesser than Rs. 15000/-
You may contact local ESI office and obtain necessary forms and start enrol your company and start coverage of employees under ESI.
For clarifications, the respective ESI authority will guide you.
With regards
L.Kumar
From India, Madras
ESI coverage is mandatory for employees whose gross salary is lesser than Rs. 15000/-
You may contact local ESI office and obtain necessary forms and start enrol your company and start coverage of employees under ESI.
For clarifications, the respective ESI authority will guide you.
With regards
L.Kumar
From India, Madras
if your company is not covered under esi till now,first you should apply for code number with the esi authority. Meanwhile you get the declaration/nomination forms from the 17 employees and start deduction esi contribution from their salary @1.75% and deposit the same alongwith the company's contribution @4.75% of the total salary on which esi has been recovered from 17 employees, into the state bank of india .
On the esi challan in code number you can write"applied for" so that you will avoid the late remittence interest and damages.
From India, Chandigarh
On the esi challan in code number you can write"applied for" so that you will avoid the late remittence interest and damages.
From India, Chandigarh
Dear Ma'am
First your company gets covered under ESI because it has more than 20 employees. After coverage, you need to register only those employees who fall under the 15001/- slab. Suppose you have 110 employees your co gets covered (as per the new amendment), however, only 17 of them are drawing sal below 15001/-. Hence u need to comply in respect of these 17 only.
Regards
ramesh
From India, Madras
First your company gets covered under ESI because it has more than 20 employees. After coverage, you need to register only those employees who fall under the 15001/- slab. Suppose you have 110 employees your co gets covered (as per the new amendment), however, only 17 of them are drawing sal below 15001/-. Hence u need to comply in respect of these 17 only.
Regards
ramesh
From India, Madras
This has been a contentious issue for a long-time.
As per the ESI / EPF Acts, It is the statutory responsibility for the employers to register their establishment/factory once they reach the required strength of 10/20 employees. Moreover the Act doesn't include and provisos for ifs & buts here. Therefore the authorities insists that even if you do not have any employee eligible for coverage, your company stands to be covered since it is is eligible for coverage.
Moreover, for EPF you need to pay only Rs. 7/- per month to maintain your account, in case you don't have any individual employee coming under its coverage. In case of ESI, you need not even pay that amount, simply submit a " NIL " Return every half year, until you employ any coverable employee.
Regards
RAmesh
From India, Madras
As per the ESI / EPF Acts, It is the statutory responsibility for the employers to register their establishment/factory once they reach the required strength of 10/20 employees. Moreover the Act doesn't include and provisos for ifs & buts here. Therefore the authorities insists that even if you do not have any employee eligible for coverage, your company stands to be covered since it is is eligible for coverage.
Moreover, for EPF you need to pay only Rs. 7/- per month to maintain your account, in case you don't have any individual employee coming under its coverage. In case of ESI, you need not even pay that amount, simply submit a " NIL " Return every half year, until you employ any coverable employee.
Regards
RAmesh
From India, Madras
Dear VAsant
I given details below were originally posted by Shri K V RAmanamoorthy Dy. Director (ESIC) and an authority on this subject.........
Factory definition under ESI Amendment Act 2010
In the amended definition of Factory under Section 2(12), the concept of 'wages' and 'power'have been deleted.section 2(12) (a) has been modified and 2(12) (b)has been deleted.
The amended definition reads as follows:
2(12) Factory: "factory" means any premises including the precincts thereof whereon ten or more persons are employed or were employed on any day of the preceding twelve months and in any part of which a manufacturing process is being carried on or is ordinarily so carried on, but does not include a mine subject to the operation of Mines Act 1952 or a railway running shed.
The effect of this amendment came in to existence from 1st day of June 2010
is that a premises engaged in a manufacturing process and employing 10 or more persons stand covered under the Act. With the deletion of the words 'wages', all employees employed irrespective of payment of wages can now be counted for the minimum number of 10.
Deletion of the words 'power' and deletion of clause (b) makes all manufacturing units coverable irrespective of usage of power, if they employ 10 or more persons.
With this amendment, more number of units are expected to come in to the fold of ESI from 1st June, 2010.
Hope this would dispel your doubts
Regards
RAmesh
From India, Madras
I given details below were originally posted by Shri K V RAmanamoorthy Dy. Director (ESIC) and an authority on this subject.........
Factory definition under ESI Amendment Act 2010
In the amended definition of Factory under Section 2(12), the concept of 'wages' and 'power'have been deleted.section 2(12) (a) has been modified and 2(12) (b)has been deleted.
The amended definition reads as follows:
2(12) Factory: "factory" means any premises including the precincts thereof whereon ten or more persons are employed or were employed on any day of the preceding twelve months and in any part of which a manufacturing process is being carried on or is ordinarily so carried on, but does not include a mine subject to the operation of Mines Act 1952 or a railway running shed.
The effect of this amendment came in to existence from 1st day of June 2010
is that a premises engaged in a manufacturing process and employing 10 or more persons stand covered under the Act. With the deletion of the words 'wages', all employees employed irrespective of payment of wages can now be counted for the minimum number of 10.
Deletion of the words 'power' and deletion of clause (b) makes all manufacturing units coverable irrespective of usage of power, if they employ 10 or more persons.
With this amendment, more number of units are expected to come in to the fold of ESI from 1st June, 2010.
Hope this would dispel your doubts
Regards
RAmesh
From India, Madras
Hi Suparna,
As per earlier act, the thresh hold limit for ESIC was 10,000. for employees having less than 10,000, company has to dedcut the employees share and also pay employers share for ESIC. If your salary was more than 10,000 in the last financial year than there should be no ESIC deductions. But from this year, its mandatory. Company has to deduct 1.75 percent from your salary as employees contribution.
From India, Mumbai
As per earlier act, the thresh hold limit for ESIC was 10,000. for employees having less than 10,000, company has to dedcut the employees share and also pay employers share for ESIC. If your salary was more than 10,000 in the last financial year than there should be no ESIC deductions. But from this year, its mandatory. Company has to deduct 1.75 percent from your salary as employees contribution.
From India, Mumbai
If for any region ESIC is applicable than can take Employee compensation policy ? or you should must be take esic ?
there are any rule for esic ? means it applicable for both permanent employee or contract labour ?
From United States, Santa Clara
there are any rule for esic ? means it applicable for both permanent employee or contract labour ?
From United States, Santa Clara
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