Dear Folks, There is a scheme for Apprenticeship / Trainee as per new Labor laws. If we give a stipend, then we do not need to do a PF / ESI contribution and the entire money can be given to the employee.
Please share your inputs on the program and its process:
a) In Stipend part are we required to pay PF / ESI. Or
b) How to enrol for the scheme and create more employability opportunity through Apprenticeship / Trainee
c) Is there any exemption for statutory non-payment or govt will bear the cost?
Please share your inputs on the program and its process:
a) In Stipend part are we required to pay PF / ESI. Or
b) How to enrol for the scheme and create more employability opportunity through Apprenticeship / Trainee
c) Is there any exemption for statutory non-payment or govt will bear the cost?