Respected Seniors, Is it compulsory to give ESIC benefit if given PF benefit to an employee?? Regards Neha
From India, Pune
1From India, Pune
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
@Neha
Registration of ESIC is mandatory, as the pf coverage manpower is more than esic manpower eligibility,
however the contribution is payable for the employees who draws average gross salary below 21000/-
Registration of ESIC is mandatory, as the pf coverage manpower is more than esic manpower eligibility,
however the contribution is payable for the employees who draws average gross salary below 21000/-
Thank you Sir. But if we do reciprocal I mean if given ESIC benefit and not given PF benefit to an employee... Is it fine??
From India, Pune
From India, Pune
PF and ESI provide separate benefits, they are not substitute for one another. Denial of benefits in either of the Schemes could have very serious legal implications including penal prosecution proceedings against top management. Try to understand the scope of both the schemes.
From India, Mumbai
From India, Mumbai
Dear Neha
The ESI scheme is applicable to all factories and other establishments as defined in the Act with 10 or more persons employed in such establishment and the beneficiaries’ monthly wage does not exceed Rs 21,000 are covered under the scheme.
PF - Organizations with 20 or more employees are required by law to register for the EPF scheme.
Regarding the benefit, who so ever is eligible as per the salary must get the benefit, otherwise it will be NON compliance.
For further clarity please feel free to write us @
From India, New Delhi
The ESI scheme is applicable to all factories and other establishments as defined in the Act with 10 or more persons employed in such establishment and the beneficiaries’ monthly wage does not exceed Rs 21,000 are covered under the scheme.
PF - Organizations with 20 or more employees are required by law to register for the EPF scheme.
Regarding the benefit, who so ever is eligible as per the salary must get the benefit, otherwise it will be NON compliance.
For further clarity please feel free to write us @
From India, New Delhi
PF ESIC.xls