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Sir, Please send the PF rules
From India, Dindigul
Hello...
To get registered with the PF department the minimum number of employee should be 20.
Every employer of an establishment to which the Employee Provident Fund Act applies, should submit in Form 5A(in duplicate) to the commisioner, particulars of all the branches and departments, owners, directors, partners if any or any other person who is controlling its affair within 15 days of its applicability of the scheme.
On receipt of Form 5A, the commisioner shall verify the particulars submitted and after been satisfied shall allot an Establishment Code No.
Regards,
Amit Seth.

From India, Ahmadabad
Hello..

After getting an Establishment code number,the Employer is required to give the list of all employees entitled to become members of the scheme on the date of its applicability, in form 9 within 15 days of such date. This return of membership is to be accompanied by nomination of each such employee in form 2.

The employer is required to submit a monthly return in Form 5 giving the names and other particulars of the new members. This form is to be submitted within 15 days of the close of every month along with nomination form of each member. If no new members join the fund in a month, then a "NIL" return should be sent.

Besides, the employer is required to submit a copy of the wage payment register of members of the fund who have left the service within 15 days of the close of every month.

A monthly return of contributions in the prescribed form within 25 days of close of every month, along with triplicate copies of challans for the amount of contributions & Administrative charges deposited.

If no contribution has been recovered then a "NIL" return should be furnished by the employer.

Lastly employer has to submit annual return of contribution in FORM 6-A.

Hope now it must be clear with you regarding the obligations of employer's.

Regards,

Amit Seth.

From India, Ahmadabad
Dear Amit,
Its a good information that you have shared in filling the statutory requirement of PF. Kindly share the knowledge while a company going for the first time ESI. Please do the needful.
Thanks and Regards,
Dennis

From India, Manipal
Hi Dennis..

ESIC stands for Employee State Insurance Corporation..

The formalities for ESI is you must have a strength of 20 employees, no matter whether they are getting salary more than 10000/- or lesser. As maximum ceiling of ESI contribution is upto 10000/- Gross/Month only. Those getting 10001/- will be exempted from the ESI.

The Employer should get the Factory or Establishment registered with the ESI Corporation within 15 days of the applicability of ESI Act. The declaration of registration is to be filled in form 01, along with a separate sheet containing the name and address of the Establishment, number of employees, nature of duty and name, designation and address of the manager controlling such persons, in respect of office situated outside. After been satisfied with the application the ESI regional office will allot a code number to the employer.

After that only you can register your emplyees with the ESI. They have to fill up a declaration form FORM 1, written clearly Male or Female. All the declaration forms should be counter signed by the employer.

Then prepare a return of declaration in form 3 separate for Male & Female within 10 days of filling of declaration form.

Then every employee shall be alloted an temporary identification number.

After 15 days or more you will get the permanent ESI card for every employee entitled but have to handover the same to only those who has completed a service of atleast 3 months with the organisation.

Hope it will definitely help you to understand the ESI registration process for a new organisation.

Regards,

Amit Seth.

From India, Ahmadabad
Dear Amit,
Thanks for giving me the complete idea. Though i did my MIRPM but i am working as Asst. Manager Ancillary for Manipal Group and hence i am interested to know the applications. Any chance of visiting Mangalore or Manipal please let me know. Thanks and keep in touch.
Regards,
Dennis

From India, Manipal
Hi Dennis.. Most welcome dear.. Sounds good that you are working as Asst. Manager. Hey thanks for the invitation, yes will definitely meet if get any chance to visit your city.. Regards, Amit Seth.
From India, Ahmadabad
PF employee contribution - 12% PF employer contribution - 12% PF Admn. charges - 0.50% PF inspection charges - 0.01% EDLi charges - 0.1%
From India, Kakinada
Hi...Do u think employer can fix basic salary amount to anything they want to? one of my friend's ctc is 25000 and basic salary is only 1300 rs... is it possible? is there any rule regarding minimum basic amount?
From India
Hi Amith Seth, Really your Knowledge is awesome and appreciated. I use to get lot of Statutory doubts to get clarifications i will ask you often is it OK with you ? Thank in advance, Sravan
From India, Hyderabad
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