PF ,ESIC

This query is : Resolved

Querist : Anonymous

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

Ankur Garg (Expert)
Follow

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

Ankur Garg (Expert)
Follow

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...

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Joyashish Maitra

Vidish Bhatt

ABHISHEK AGRAWAL

Vidit Ratanghayra

sumit

Subscribe Now

PF ,ESIC

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final