hi,
well any organisation where 2 or more employees are
working covered under PF act....as per the rule both
employer n employee contribute to it total contribution is
24% in which 12% contributed by employer n 12% by employee.
ESI ACT
It is applicable to non-seasonal power using factories employing 10 or more persons and non-power using factories employing 20 or more persons.The Scheme has been extended to shops, hotels, restaurants, cinemas including preview theatre, road motor transport undertakings and newspaper establishment employing 20 or more persons.The existing wage-limit for coverage under the Act, is Rs.7500/- per month (with effect from 1.4.2004). Now it is 10000/-
CONTRIBUTION
The employee’s contribution rate (w.e.f. 1.1.97) is 1.75% of the wages and that of employer’s is 4.75% of the wages paid/payable in respect of the employees in every wage period.
CONTRIBUTION PERIOD AND BENEFIT PERIOD
There are two contribution periods each of six months duration and two corresponding benefit periods also of six months duration as under.
Contribution period
1st April to 30th Sept.
1st Oct. to 31st March