Dear Sir
I am running a business which started with 6 employees but now it has grown to 13 permanent staff and 15 temporary staff. Is pf and esi should be covered?. If so for esi coverage how many employees should be there and for pf how many employees?.will permanent staff is only covered under pf and esi?
Gross salary for esi and pf coverage?
Age factor has to be considered for coverage of the employees?
One of my well wisher gave me the following
Details:
Employer contribution pf-12% or max Rs.780 of basic whichever is lesser
Pf- 8.33%-employees family pension fund
3.67%-employees pf
0.50% of basic or maximum up to Rs.6500
Admin charges-1.10% of basic
Inspection -0.01% of basic
Employee contribution -12% of basic for pf
Esi -employer -4.75% of basic
Employees -1.75% of basic
Temporary staff often leave the job
Who are not stable.kindly note it.
Kindly advise me
Thanks and regards
Dhanasekar
I am running a business which started with 6 employees but now it has grown to 13 permanent staff and 15 temporary staff. Is pf and esi should be covered?. If so for esi coverage how many employees should be there and for pf how many employees?.will permanent staff is only covered under pf and esi?
Gross salary for esi and pf coverage?
Age factor has to be considered for coverage of the employees?
One of my well wisher gave me the following
Details:
Employer contribution pf-12% or max Rs.780 of basic whichever is lesser
Pf- 8.33%-employees family pension fund
3.67%-employees pf
0.50% of basic or maximum up to Rs.6500
Admin charges-1.10% of basic
Inspection -0.01% of basic
Employee contribution -12% of basic for pf
Esi -employer -4.75% of basic
Employees -1.75% of basic
Temporary staff often leave the job
Who are not stable.kindly note it.
Kindly advise me
Thanks and regards
Dhanasekar