We are going to start a new business it is an Pvt. Ltd firm we got a staff of 10 people. kindly inform me what are the rules for compensation in pvt.ltd. firm for example pf, esi, bonus all those rules and a style of appointment letter
From India, Jalalpur
@ Neha.Bhatt1988,
Good Evening.....!!!!!
It will be hard to describe all the rules of PF, ESI, Bonus & other things. I believe that your company is coming under "shops and establishment act Uttar-pradesh 1962".
Following are the suggestions for your query.
1) PF : Not applicable in your case as number of employees are less then 20.
2) ESIC : Applicable on Gross Salary. 1.75% Employees contribution & 4.75% employees contribution.
3) Bonus : Not applicable in your case as number of employees are less then 20.
For Appointment letter you can find 100 of formats available on this site . Just type your query on the "What Do you need?" box.
Hope this will help. Revert if your require more information.
All the best

From India, Ahmedabad

If you are knowledgeable about any other fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2021 Cite.Co™

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server