PF ,ESIC

This query is : Resolved 
 


Querist : Anonymous (Querist) 07 July 2010

Q.1 WHAT IS ESIC ? WHAT IT'S BENEFIT FOR EMPLOYEE?

Q.2 PF IS APPLICABLE ON WHICH EMPOYEE?

Q.3 PF IS APPLICABLE ON CONTRATED EMPLOYEE SALARY


Ankur Garg (Expert) 08 July 2010

Applicability of PF Act


The Employees' Provident Funds and Miscellaneous Provisions Act extends to whole of India except State of Jammu and Kashmir.

The Act Applies to industries specified in Schedule I employing 20 or more persons and any other class of establishments employing 20 or more persons notified by the Government.

The Government may apply the Act to establishments employing less than 20 people.

Employees covered under the act include contract labour but exclude apprentices, trainees, directors, working partners, domestic servants and contractors.

Establishments can seek exemption from any or all the provisions of the act.

Ankur Garg (Expert) 08 July 2010

ESI is employees state insurance..which provides medical benefits to the employees and employee can avail the facilities by going to Govt.

ESI dispenseries/hospitals PPF is the provident fund which is deducted from the salary at the rate of 12% per month...which you get at retirement and pension from that money only...



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