Get HR Software

Is it mandatory to obtain registration for EPF and ESIC,for 22 employees whose salary is above 15000


We are a IT company and our current strength is 22, of which 7 are trainees for 6 mths period whose salary is 15000 p.m., all other employees earn 25K and above. Is it obligatory to get our company registered under EPF and ESIC. Given once the traning period of the trainees is over their salary shall be revised to Rs. 30K p.m.Please Advice..
Sweta Parakh
From India, Pune
Yes Please register in both ESIC & PF.
From India, Pune
Dear Sweta,
Yes It is required for any company employing 20 or more employees where as there is no specification given for registration under act about limit of salary. The specification of salary limit is available only for the purpose of contribution and not for the registration.

Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.


India, Pune
06 September 2017 06.49.32 PM
Views: 651 Replies: 2 Appreciations: 0
#Esic
Can we provide salaries to our employees in their bank accounts if we only want to give them the ESIC benefit not PF?
16-02-2024
My HR created a new ESIC number and created a new UAN number. Any solution for this?
18-02-2024 | India, Mumbai
PF & ESIC applicability at what no. Of employee strength in a sole proprietorship firm
24-02-2024 | India, Ahmedabad
#Epf And Esic
ESIC and EPF different registration dates issue - will there be an issue with different joining dates?
28-11-2019 | India, Delhi
Epf
19-02-2020 | India, Chandigarh
constitution of organisation is changed from Proprietorship to Partnership in the same name. how to proceed with EPF and ESIC
22-06-2020 | India, Bengaluru




Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.