I have formed a new PVT LTD company -started operation since nov-15,12. Total staff strength is 07, Myself and my brother are Directors. We are into fundraising . I wish to know (1) whether PF / ESI and any other such thing are compulsory. (or we can give a flat lumpsum salary). If Yes what is the ideal Salary Structurefor employees? (2) How many CL, sick leaves medical leaves etc. are compulsory to give to staff while operating as PVT LTD company?