The ESIC has notified that the employers should submit their half yearly returns for the period from 1/10/2007 to 31/3/2008 in the revised Form V prescribed for the purpose.
The form includes self certification by the employers and declarations regarding no. of ESI declarations received/submitted, TICs received/PICs received, accidents reported/total no. of employees directly employed and total wages paid, total no. of employees not covered and total wages paid, total no. of employees employed through immediate employer and total wages paid, total no. of employees employed through immediate employer and not covered and total wages paid; components of wages taken into account for the purpose of payment of contribution and components excluded etc.
In addition, the returns should be certified by the Chartered Accountant, if the no. of employees in an establishment is 40 or more.
For information of those due to submit the h/y return due on 15/4/2008
S. Krishnamoorthy 30th April 2008 From United States, Roslindale