Hi Guys,
Sorry if these questions were asked beforehand, but I searched the forums but could not find any similar posts.
My questions are:
1. How many employees must be present in a partnership/private/ownership firm to make it mandatory to deduct and deposit PF & ESI?
2. Does the amount of salary makes any difference to the count of the employees? For example, if someone is getting a salary of 3000, is he not counted in the number of employees? If yes, what is the maximum of amount of salary which is exempted from mandatory deduction of PF & ESI? Or the total number of employees are counted regardless of the salaries?
3. What are contractual employees in sense of PF & ESI? Do the term "contractual" means we are hiring employees from a third party? In such a case, is it mandatory to pay service tax to such a contractual firm?
Thanks for any help coming this way. :)
Regards,
Yogesh.
Sorry if these questions were asked beforehand, but I searched the forums but could not find any similar posts.
My questions are:
1. How many employees must be present in a partnership/private/ownership firm to make it mandatory to deduct and deposit PF & ESI?
2. Does the amount of salary makes any difference to the count of the employees? For example, if someone is getting a salary of 3000, is he not counted in the number of employees? If yes, what is the maximum of amount of salary which is exempted from mandatory deduction of PF & ESI? Or the total number of employees are counted regardless of the salaries?
3. What are contractual employees in sense of PF & ESI? Do the term "contractual" means we are hiring employees from a third party? In such a case, is it mandatory to pay service tax to such a contractual firm?
Thanks for any help coming this way. :)
Regards,
Yogesh.