E.s.i. & P.f. Possible On Voluntary

I am contractor in xyz company registred with esi & p.f complainance in that comany in one director asking me to coverage his personal driver and peon to cover under esi & pf on voluntary basis is it possible or not
the director pay direct salries driver and peon
and esi & p.f amount paid to me that amount i have to deposit in
esi & pf account inclding with my employees

Hi Mahesh,
You can pay the PF Volunatary but in ESI there won't be any Voluntary. PF Voluntary means a persons contribution period towards Pension Fund becomes nil & his EPF will be paid. Say for example: if Raj basic pay is 6500 then his PF(Employee Contri) =780, EPF(Employer Contri)=780 & Pension Fund becomes 0.
Moreover this Voluntary is applicable for the person who crosses the retirement age.
Regards,
Vinay Kumar

dear mahesh,
If the driver and peon are not your employee directly, how can you pay their employer contribution?
If the director is giving both the contribution from his packet,how can you account that in your books of accounts?
If possible bring them on roll and start deduction or else go for some private pension schemes through bank along with a medicalim policy.
This type of bringing outsiders under the perview of ESI and PF will create lots of problem during inspection ,when the contributions are verified and compared with attendance registers , payroll and balance sheets.
Please explain this to your director.
All the best.
S.Sethupathy
Excellent HR Services
S.Sethupathy

What is the best calacution for pf and pt and ?
what is the current income tax slab for the employee and how to calculate . ?

There is nothing best calculation these calculation is made as per the prescribed statutory law subjected to the prescribed act..

Hi Mahesh,
Advice your director that if his driver & peon has to be covered under the PF & ESI, they have to be brought on the rolls of the company, then you can cover them statuorily. But consequences are that they will be entitled to all the benefits like any employee of the company.
Once covered you cannot take them back from the coverage unless & untill one resigns or retires.
Regards,
Gem