Dear All
i have recently joined a IT company , here we have 36 employees, in feb 2012 we have 20 employees all r getting more than 16000 salary, but due to some projects we hire 16 more employee in march 2012 , all are junior level employee getting less than 15000 salary.
our company was established in 2008, but as all emp are exempted from ESi we have not applied for ESi number.
now we want to register in ESI coverage.
what is the procedure? do we have to pay any penalty for late registration ? if yes how much penalty will be charged?
Thanks
Meenakshi
i have recently joined a IT company , here we have 36 employees, in feb 2012 we have 20 employees all r getting more than 16000 salary, but due to some projects we hire 16 more employee in march 2012 , all are junior level employee getting less than 15000 salary.
our company was established in 2008, but as all emp are exempted from ESi we have not applied for ESi number.
now we want to register in ESI coverage.
what is the procedure? do we have to pay any penalty for late registration ? if yes how much penalty will be charged?
Thanks
Meenakshi