Dear All,
As per the recent amendment, Chartered Accountants are required to certify a statement in half-yearly ESIC Returns. Kindly suggest what should be the base of remuneration and the quantum of the same.
Regards,
CA. Lavkush Somani
S. R. Somani & Co.
Chartered Accountants
From India, Surat
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1As per the recent amendment, Chartered Accountants are required to certify a statement in half-yearly ESIC Returns. Kindly suggest what should be the base of remuneration and the quantum of the same.
Regards,
CA. Lavkush Somani
S. R. Somani & Co.
Chartered Accountants
From India, Surat
Acknowledge(0)Amend(0)
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.
From India, Madras
Acknowledge(1)
Amend(0)
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.
From India, Madras
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ESIC no requirement of flling half yearly returns May 2012.pdf
Form - 5 Half yearly return for esic .xls