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Applicability of EPF Registration for Employers
EPF registration is mandatory for all establishments-
which is a factory engaged in any industry having 20 or more persons, and
to any other establishment employing 20 or more persons or class of such establishments which the Central Government may, by notification specify on this behalf.
The employer must obtain the registration within 1 month of attaining the strength, failing which penalties will be applicable .A registered establishment continues to be under the purview of the Act even if the employee strength falls below the required minimum.
Central Government may apply the provisions to any establishment employing less than 20 employees after giving not less than two months’ notice for compulsory registration.
Where the employer and majority of employees have agreed that the provisions of this act should be made applicable to the establishment, they may themselves apply to the Central PF Commissioner. The Central PF Commissioner may apply the provisions of this Act to that establishment after passing the notification in the Official Gazette from the date of such agreement or from any subsequent date specified in the agreement.
Some establishments having less than 20 employees would also be required to obtain PF registration but that is voluntary registration. All the employees will be eligible for a PF from the commencement of their employment and the responsibility of deduction & payment of PF lies with the employer.
The PF contribution of 12% should be divided equally between the employer and employee. The employer’s contribution is 12% of basic salary. If the establishment has employed less than 20 employees, PF deduction rate will be 10%.
Contact SGC Management Services - ESI PF Consultant at
Direct No.
Mr.Satish Gupta :
9810162880
Mr.Ravi Barua :
9990052207
Mr.Jai Prakash :
9968454313
Mr.Sanjay Sharma :
9873087710
What else can I help you with?
Minimum NO of Employees IN ESI?
10
What is the full form of ESI?
employee's state insurance.
How ESI EPF gratuity given to employee?
Employees' State Insurance (ESI), Employees' Provident Fund (EPF), and gratuity are different components of employee benefits in India. ESI provides medical and cash benefits to employees in case of sickness, maternity, or employment injury, while EPF is a retirement savings scheme where both employer and employee contribute a portion of the salary. Gratuity is a lump sum payment made to employees who have completed a certain period of service, typically five years, as a token of appreciation for their service. The eligibility and calculation of these benefits vary based on specific regulations and employment terms.
What is ESI registration in India and who needs to register?
ESI (Employee's State Insurance) registration in India is a mandatory requirement for businesses with 10 or more employees (in some states, it's 20 or more). It's a social security and health insurance scheme for employees governed by the Employees' State Insurance Act, 1948. Both employers and employees contribute to this fund, providing medical and cash benefits to employees and their families in case of sickness, maternity, disablement, or death due to employment injury.
ESI Consultants,?
ESI Consultants, ESI Consultants, Employee State Insurance Consultants, ESIC Consultants, Employee State Insurance Consultants, EPF Consultants, Corporate EPF Consultants, Employees Provident Fund Consultants, Provident Fund Consultants, PF Consultants, Labour Law Consultants, Labour Law Licensing Consultants,
What are the consequences of non-compliance with ESI registration requirements?
Failure to obtain ESI registration or non-compliance with ESI regulations can lead to severe penalties, including fines and imprisonment. Employers may be liable to pay hefty penalties for non-registration or late payment of contributions. Moreover, non-registration deprives employees of their right to access medical and cash benefits under the ESI scheme, exposing them to financial risks during emergencies. Therefore, it's crucial for employers to adhere to ESI registration requirements to ensure both legal compliance and employee welfare.
What is the population of ESI Group?
The population of ESI Group is 2,009.
What is ESI Group's population?
The population of ESI Group is 783.
When was ESI Group created?
ESI Group was created in 1973.
When was Mono Esi created?
Mono Esi was created in 1998.
When did Muammer Esi die?
Muammer Esi died in August 2007.
When did Pablo Ndong Esi die?
Pablo Ndong Esi died on 2010-12-15.
