We are registered under factory act , having PF, ESIC Registration, have 4 labour supplier contractors at Palghar food processing factory , we paying salary as per Minimum Wages act, deducting PF ESIC, MWLB, PT etc as per prescribe guide line under applicable law.
Recently we appoint New CA, he advice us why you paying such a good amount under PF, ESIC, MWLB, etc, better you can appoint each person as a individual contractor to save good amount
It's possible ? can we appoint each un-skilled worker, skilled worker as a contractor ? if yes How? what is impect under PF, ESIC GST, IT law ?
Cite.Co is a repository of information created by your industry peers and experienced seniors made possible with help from our prime sponsors like:

TALENTEDGE Who provide a platform for "interactive anywhere learning". Courses from top reputed institutes like IIM, XLRI, MICA. View Courses

FACTOHR - Provides Customised Payroll, GPS Enabled Attendance, Travel, Performance Management, HRMS that can help streamline your organisation. Explore Features

Register Here and help by adding your inputs. Contributions From Other Members Follow Below...
Foolish advise.
Making mockery of labour laws.
How workers can become each contractor
Ten workers .become
Ten contractors.? Pls
Don't believe such halfknowledge data.
Follow normal procedure.
Save labour rights dont invite trouble s.
Hi Friend,
Your CA has given you wrong idea to implement. Appointing as a each contractor also attract PF & ESIC. Behalf of contractor Principal employer need to pay the contribution.
Do not fall for such incorrect advise
Add Reply Start A New Discussion

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™