Dear HR friends,
I am attaching the self-certification notification issued by the ESI Corporation for the half-yearly returns for your reference and record.
Alphonse
09443625359
ESIC, via a notification dated March 11, 2008, has amended Regulation No. 26 effective from April 1, 2008, requiring employers to submit half-yearly returns in the amended Form-5 (return of contribution) concerning employees engaged through principal and immediate employers.
The amendments entail that now an employer with more than 40 employees must attach a certificate duly certified by a Chartered Accountant regarding the authenticity of the return details. In addition to this certificate, the employer must now make the following declarations:
1. Self-declaration regarding the maintenance of records and registers
2. Submission of declaration forms
3. Distribution of TICs/PICs
4. Details of employees engaged directly or through immediate employers and wages paid to the workers.
Employers with less than 40 employees must provide self-certification without a Chartered Accountant certificate.
Therefore, the half-yearly return for the period from October to March, with a filing deadline of May 12, 2008, must be submitted in the newly revised Form No. 5.