EPF and ESI liability and claim of expense in company

Dear All,

We have got our company incorporated last month, We have hired 5 employees in our company, their salary is between 8K to 20K.

Are we liable to pay EPF and ESI.

And also want to confirm if we can pay the salary from company's current account and claim expense in company.

plz help.
Replies (2)
Quick Summary
A newly incorporated company with five employees earning between £8,000 and £20,000 per month is seeking clarification on EPF and ESI applicability. The consensus is that these contributions are not currently applicable to the company. The company can also claim salary expenses paid directly from its current account.

As per ESI and EPF act these are not applicable to Your Company...

Yes, You claim expenses paid through your company's account.
Thanks for ur valueable reply sir.

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