Comprehensive Guide on ESI, PF, and Factory Return Procedures: Regulations and Compensation Explaine

rana_2011
Greetings today,

Dear sir, could somebody tell me if the employer submitted less contribution of ESI or PF, then what penalty will arise on the employer, as 2 months have been completed?

Regards,
Rana
packiaraj83
Yes, you can pay in the column of arrears, but you should submit the valid data for the delay. The EPF Officer will accept it, and then they will calculate the delay payment interest.

P. Packiaraj
toufik N S
Hi,

If your company pays less contribution for ESI, then you must pay this contribution under the subject of omitted wages on the online ESI website. However, before doing so, you need to inform your local ESI office. Failure to do so may result in the ESI authority charging interest and damages on that amount. For PF-related amounts, you should pay using a separate challan.

Toufik N.S
k_shenbagarajan
Dear Vinutha,

Please find the attachment. It will help you.
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pkdhimaan
Find the attached file; it may help in relation to PF deductions.
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e.muksor@gmail.com
I resigned from my old organization in the month of April 2011, and I would like to withdraw my PF. Kindly advise about the process and the time taken to receive the same.
k_shenbagarajan
Dear Muksor,

You can apply for PF withdrawal by submitting Form 19 and 10C (if completed more than 6 months) to your previous employer. It takes 45-60 days to receive the PF amount. Additionally, I would suggest considering a PF transfer, where you can transfer your old PF money to your present PF account.
pkdhimaan
All laws related to factory operations in short. It can help you.

Corrected and Formatted Text:
All laws related to factory operations in short. It can help you.
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ms.rawat26
Dear,

Please keep PF Form-12 and Form-10 with an explanation.
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ms.rawat26
Keep it PF Form-12 and 10 with explanation:

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(Ensure there is a single line break here)
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ms.rawat26
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hr8677
Hi friend, I have a confusion about ESI half-yearly return. What's the actual form required for this, Form 5 or Form 6.
k_shenbagarajan
Dear HR8677,

You have to submit Form 5 for returns (RC). Form 6 is the register of employees. Moreover, the RCs should be prepared in quadruplicate and submitted to the appropriate Branch Office within 42 days of the expiry of the contribution period (12th May or November 11th of each year).

For ESI:

Under Section 39(5)(a) of the ESI Act, read with Regulation 31(A) of the ESI (General) Regulations 1950, the employer is liable to pay simple interest at the rate of 15 percent per annum in respect of each day of default or delay in payment contributions. In addition, under the Provision of Regulation 31-C of ESI (General) Regulations, 1950, read with sec.85(B)(i) of the ESI Act, the Corporation is empowered to recover damage as under:

Period of delay in payment of Contribution Rate of Damages on the amount due

i). Up to less than 2 months 5 %

ii). 2 months and above but less than 4 months 10%

iii). 4 months and above but less than 6 months 15%

iv). 6 months and above 25%

Interest and damages can also be recovered as arrears of land revenue Section 45(c) to Section 45(I) by the Recovery Officer of ESI Corporation.

For PF, refer to the attachment.
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sanjay.singhania282@gmail.com
This is Sanju Singh, working in a manufacturing company as an HR executive.

I would like to express my gratitude to all my seniors for their valuable insights and expertise.

Thank you,

Warm regards,
Sanju Singh
sumana halder
I just want to know if an employee has worked in an organization for continuous 4 years and then is illegally terminated. After filing a petition, the high court orders it as a retrenchment and gives orders for payment of retrenchment compensation. But by that time, the employee has reached the age of superannuation. So, is he entitled to superannuation pension?
dimple patkar
Hello,

I would like to request a covering letter for provident fund withdrawal.

Thank you & Regards,
Dimple Patkar
bappy_swain10
Hello everyone,

One of our company employees' salaries has crossed $15,000. Should he contribute to ESI?

Please help.
Sam Naidu
Hi,

I wanted to know how I can determine if my previous employer, who has been deducting PF from employee salaries including mine, is registered with the regional PF authority. It is an NGO funded by state and central governments, as well as the corporate sector, with substantial foreign support. I have raised this question before but haven't received any response. We can potentially assist around 300 to 400 people.

Thank you.
vinutha K
Dear Friends,

Please guide me on the following issue: "Whether interest will be calculated or not in case contribution stops towards PF account?"

Regards,
Vinutha
al.hr@blgparekh.com
Hi Friends,

Can anyone tell me if one of my employees had an accident on company premises, but he was not covered under ESI at the time of the accident? Now he is covered, and the company has paid him two months' salary until recovery. Can I show this in the leave with wages register, considering the company has already compensated him? Also, how can I justify this case to the Factory Inspector during legal compliance?

Regards,
Vinod Kumar
9314092980
monika-adhikari
Hello sir, I want to close my ESI account. PF account will remain the same. How can I surrender my ESI number? Please tell me.
radha-chawla-sharma
Dear All,

You are cordially invited to the Business Network HR Meet. Come and join us for lunch at the HR Meet. For details, please connect on 9811255029.

Thanks,
Radha
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