Hi there ,I am sole proprietor andwe have recenty recruited 1 employee,I am not sure whetehr we have to consider PF ,ESI,also I am not sure about how can we work out the holiday entitlement,is there any law in place by which we have to abide for deciding annual leave or is it subject to decision of the firm? do we have to provide sick leave? do we have to provided house rent allownace? travel allownace?medical insurance?
From United Kingdom, Dudley
From United Kingdom, Dudley
Upto 10 employees, you do not need to register for ESIC and 20 for EPF. But you can register volunteerly for EPF. But you cant do that for ESIC. Once you have registered for EPF, you cannot withdraw it back.
Required the details of what type of business is yours and which state you are located in, to get details on leaves and other welfare measures. So that you can be referred to Factories act or Shops and establishment act.
You can follow minimum wages act and your state rules for framing salary structure.
From India, Chennai
Required the details of what type of business is yours and which state you are located in, to get details on leaves and other welfare measures. So that you can be referred to Factories act or Shops and establishment act.
You can follow minimum wages act and your state rules for framing salary structure.
From India, Chennai
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