I am running a security company with a total of 14 employees. Below are my queries:
1) Is it mandatory to deduct PF?
2) Is it mandatory to deduct ESI contributions?
3) Please provide me with the SALARY SLIP FORMAT if such deductions are not mandatory.
From India, Delhi
Acknowledge(1)
Amend(0)
21) Is it mandatory to deduct PF?
2) Is it mandatory to deduct ESI contributions?
3) Please provide me with the SALARY SLIP FORMAT if such deductions are not mandatory.
From India, Delhi
Acknowledge(1)Amend(0)
I presume you are operating from Delhi. We are a security agency, and you have a total of 14 SG & staff.
PF Applicability
To your company, the PF Act is not applicable since you have fewer than 20 employees. However, your SGs who are deployed in PF-covered establishments should be covered under PF. Basically, it is the duty and responsibility of the PE to cover them under his code. However, the PE generally does not take such responsibility and insists that contractors comply with PF and other social security schemes themselves. He expects that if you need business from him, you should have your own social security code numbers and ensure necessary compliance under those numbers.
ESI Applicability
ESI is applicable to your company since in Delhi, the threshold limit is 10 and not 20.
Apart from PF & ESI, you should hold a PASARA license.
Regards
From India, Mumbai
Acknowledge(0)Amend(0)
PF Applicability
To your company, the PF Act is not applicable since you have fewer than 20 employees. However, your SGs who are deployed in PF-covered establishments should be covered under PF. Basically, it is the duty and responsibility of the PE to cover them under his code. However, the PE generally does not take such responsibility and insists that contractors comply with PF and other social security schemes themselves. He expects that if you need business from him, you should have your own social security code numbers and ensure necessary compliance under those numbers.
ESI Applicability
ESI is applicable to your company since in Delhi, the threshold limit is 10 and not 20.
Apart from PF & ESI, you should hold a PASARA license.
Regards
From India, Mumbai
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Changes in the Applicability and Coverage of ESI Scheme under the Code on Social Security.doc
Social Security Scheme.pdf
PF & ESI.zip