Employers will however contribute their own share in respect of theseemployees.The State Governments, as per provisions of the Act, contribute 1/8th of theexpenditure of medical benefit within a per capita ceiling of Rs. Looks like you’ve clipped this slide to already. 19 OF 19521 [4th March, 1952.] Employees’ Provident Fund is a small saving scheme that is offered to Indian workers as well as international workers through the EPFO of India. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. If you continue browsing the site, you agree to the use of cookies on this website. I am attaching here two ppt about ESI AND PF benefits to employee covered under these act. I have gone through your PPT for PF, excellent brief and crispy similarly will you able to provide latest ESI as well as PF with new amendments at the earliest. Hence, the ESI return due date is the same as that of payment. 34 of 1948] 1 [19. th April, 1948. View Test Prep - PPT PF ACT complete from HRM 381 at Central Washington University. Act (Employees State Insurance) passed in 1948 (amended in 1975, 1984, 1989 and 2010) is an important measure of social security and health insurance in this country. The benefit provided to the employees under the Act are also in conformity with ILO conventions.ESIC CONTRIBUTIONE.S.I. the Act also guarantees reasonably good medical care to workers and their immediate dependants. operation under the Act. Reply. Funds & Miscellaneous Provisions Act, 1952. ESI Act 1948 was enacted by the Parliament of India in 1948. While fixing hours for a normal working day as per the act should make sure of the following: We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. eries of legislative interventions were made in this labour_law-_ppt_176.ppt (7.64 MB, 785 views) sundar_mpm. ESI Covered Employees after retirement – what is eligibility criteria. Looks like you’ve clipped this slide to already. ESI Covered Employees after retirement – what is eligibility criteria. ESI, PF Act is applicable to whom and what is its benefit. ESI Registration is mandatory for employers having 10 or more employee. A s A s eries of legislative interventions were made in this direction, including the Employees' Provident Funds & Miscellaneous Provisions Act, 1952. Share yours for free! 3 [***]]. The Employees' Provident Fund provides social security benefits to Employees of establishments on which the Employees’ Provident Fund and Miscellaneous Provisions Act 1952 applies. (Form 5,10 & 12A)5. ESI Registration process and Registers and Records to be maintained under ESIC & PF Employees State Insurance Act, 1948 was formulated so as to protect interests of … ESIC Return Due Date. You can change your ad preferences anytime. PPT on "Provident Fund & MP Act 1952" of India. ESIC: – Documents for Registration / obtaining Code Number. 3 THE EMPLOYEES‟ PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT, 1952 ACT NO. 4. PF calculation Statutory Compliance Management- Satutory compliance includes, PF calculation,ESI calculation, Profession tax, TDS calculation.Win HRM Payroll software with statutory compliance ensures statutory compliance both from the Organisational and the employee's perspective. Withdrawal & Transfer Process :- If an employee resigned , then he has to fill Form :- 13 for Transferring the PF fund from previous company to Present company. PF Registration Process - The Employee Provident Fund (EPF) is a scheme that helps people save up a sufficient corpus for retirement. 4th March,1952. PF number will be provided by Zonal office through PF MIS. Employee provident fund act, meaning and forms, rules, regulation and registration A provident fund is created with a purpose of providing financial security and stability to elderly people. direction, including the Employees' Provident ESI & PF Presentation.pp tx. Yes, PF and ESI coming under the Social Security Act and these are mandatory for all Organisations, where 10 for ESI and 20 for PF employees are working. ACT, 1952 ACT NO. 34 of Year 1948, dated 19th. The plan was introduced with the Employees’ Provident Funds Act in 1952 and is today managed by the Employees’ Provident Fund Organisation (EPFO). Provident fund & Misc. The Corporation has authorized designated branches of theState Bank of India and some other banks to receive the payments on its behalf.Contribution Period and Benefit PeriodThere are two contribution periods each of six months duration and two correspondingbenefit periods also of six months duration as under.Contribution period Corresponding Cash Benefit periodContribution Period Cash Benefit Period. Provision Act 10. Therates are revised from time to time. An Act to provide for the institution of provident funds 2[,3[pension fund] and deposit-linked insurance fund] for employees in factories and other establishments. Generally one contributes in these funds when one starts as employee, the contributions are made on a regular basis (monthly in most cases). #Pf And Esi. Organized by Employee Provident Fund Organization (EPFO). 4. Who is eligible for PF and ESI? PF annual returns ( form 6A and 3A)6. As per section 36(1)(va) of the Act, if any sum received by the assessee from any of his employees to which the provisions of sub-clause (x) of clause (24) of section 2 apply, if such sum is credited by the assessee to the employee’s account in the relevant fund or funds on or before the due date.. Details of Employee State Insurance and Provident Fund1. Presently, the following three schemes are in The E.S.I. 1.1.97) is 1.75% of the wages and that of employer’s is 4.75% of thewages paid/payable in respect of the employees in every wage period. ESIC forms for newly joining covered under ESIC (Form 3)10. 2 [the whole of India . Similarly Non-submission of PF Nomination Form may also deprive the member of availing pension facility. legally this is okay or not? What is the Magic salary / wages of Rs. For cinemas, the employee strength threshold is 5 or more. ESI Act is applicable to whom and what is its benefit. If you continue browsing the site, you agree to the use of cookies on this website. An Act to provide for the institution of provident funds 2[,3[pension fund] and deposit-linked insurance fund] for employees in factories and other establishments. Get ideas for your own presentations. Mission Statement: The Mission of EPFO, is to extend the reach and quality of publicly managed Old Age income security programs through consistent and ever-improving standards of compliance and benefit delivery in a manner that wins the approval and confidence of Indians in our methods, fairness, honesty and integrity, thereby … It may please be noted that non submission of ESI Declaration Form within 10 days from the date of joining is an offence punishable under Section 85(g) of the ESI Act, 1948. P.I Jain has been handling the complex process factories act registration and the compliances for more than 400 factories in THE_CITY. Form 37 :- For registering with Local ESI doctor 9. INDUSTRIAL MANAGEMENT ACADEMY PRESENTATION ON EMPLOYEES PROVIDENT FUND ACT AND SCHEME EMPLOYEES PENSION SCHEME BE it enacted by Parliament as follows:— 1. Whether voluntary coverage under possible under ESI & PF? in 1952 under PF & Miscellaneous Provision act 1952. Gunjan Bhatia says: August 5, 2020 at 10:34 am. TheEPF & MP Act, 1952 was enacted by An Act to provide for certain benefits to employees in case of sickness, maternity and ‘ employment injury ’ and to make provision for certain other matters in relation theret o. Employees’ State Insurance Act, 1948 Extends to Whol Basis EPF ESI 1.) PPT on "Provident Fund & MP Act 1952" of India. 1. The Act further absolved the employers of their obligations under the Maternity Benefit Act, 1961 and Workmen’s Compensation Act 1923. | PowerPoint PPT presentation | free to view 3. I.e., on or before 15th of every month. 1. 15000/- (Basic + D.A) under Provident Fund Act? Delayed remittance of ESIC /PF deposit will incur penal damages. All such industries that are covered under the schedule I of the EPF Act, 1952 are liable to get registered in the EPF scheme if their employee strength is 20 or more, even for one month of a financial year. ESIC Return filling and payment can be both done at the same time. & When? The Scheme, thereafter was first implemented at Kanpur and Delhi on 24th February 1952. ESI & PF Presentation.pp tx. How to calculate PF and ESI contributions according EPF act and ESI act. Employee’s state insurance act, 1948 (esi), SMART LEARNING -SEE YOUR WORLD IN DIFFRENT WAY, Al-Qurmoshi Institute of Business Management, Hyderabad, No public clipboards found for this slide. Maternity benefit Act (Form K,L,M, & N)8. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Now customize the name of a clipboard to store your clips. This Act also includes providing medical care to family members. Whether ESIC Act is Applicable after attaining the 65 years of age. the Act … EMPLOYEES’ STATE INSURANCE ACT, 1948 [Act No. & When? PF / ESIC: – Documents for Registration / obtaining Code Number. And it should be mentioned in Salary Slip. Minimum wage act 1948 extends to whole of India.The Act provides for fixing wage rate (time, piece, guaranteed time, overtime) for any industry that has at least 1000 workers. Nomination and Declaration (Form 2)4. Sharma Roll no.-88 Para H2 G.S.V.M. View Epf Provident Fund PPTs online, safely and virus-free! Many are downloadable. Pf - Ppt Download - Pf Esic ... Employees of covered units and establishments drawing wages upto Rs.10,000/- per month come under the purview of the ESI Act, 1948. A s eries of legislative interventions were made in this direction, including the Employees' Provident Funds & Miscellaneous Provisions Act, 1952. If you continue browsing the site, you agree to the use of cookies on this website. The Famous thirukural For Hr Management - DOC Download. Employee State Insurance Act is a social welfare act enacted with a view to providing certain benefits among the workers. (1) This Act may be called the Employees’ State Insurance Act, 1948. Applicability of the ESI scheme The ESI scheme is applicable to all factories and other establishments as defined in the Act with 10 or more persons employed in such establishment and the beneficiaries’ monthly wage does not exceed Rs 21,000 are covered under the scheme. Pf and esi calculations 1. 10,000/- Employee’s State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers. Clipping is a handy way to collect important slides you want to go back to later. ESI.PPT – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 833e4b-MzczN PF (Form 13 for transfer of PF account) ESI Act The promulgation of Employees’ State Insurance Act, 1948 envisaged an integrated need based social insurance scheme that would protect the interest of workers in contingencies such as sickness, maternity, temporary or permanent physical disablement, death due to employment injury resulting in loss of wages or earning capacity. 2)Please ensure that Sub-Contractors provide attendance data of their employees on or before 25th of every month. The cumulative effect of notifications under the Employees‟Provident Funds Act, 1952 and the Employees State Insurance Act, 1948 was that in respect of the EPF Scheme contributions the deductions were to be deposited within 15 days of the succeeding wage period with a grace period of 5 days; for ESI contributions the deposit with the concerned statutory authority had to be made within … This is a self-financing social security and health insurance scheme. Legally you should contribute PF for all the employees and ESIC for those whose monthly salary is less than 21000/- … ESIC Challans2. If you need to get your factory registered under the factories act in THE_CITY, get in touch with us for a trusted and experienced consultancy and the best rates in … set up the ESI Corporation to administer the Scheme. April, 1948] An Act to provide for certain benefits to employees in case of sickness, maternity and employment injury and to make provision for certain other matters in relation thereto Unemployment benefit – payable under the ESI Act? ALL DISCUSSIONS (LIST) 20 February 2010 10.28.27 AM From: India, Thiruvananthapuram Views: 22612 Replies: 15 Appreciations: 10. By:- Prateek Kr. Pf and esi calculations 1. Employees’ Provident Fund Act,1952 Social Security Scheme introduced by the Central Govt. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. #Esi Format. The ESI filings can be done, once you receive the 17-digit number. ESI Contribution Rate w.e.f. For more ppt on Human Resource visit Human Resource power point slides. 1 Penalty for Delayed Payment. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. TheEPF & MP Act, 1952 was enacted by Parliament and came into force with effect from 4th March,1952. 19 OF 19521 [4th March, 1952.] An overview of the ESI act - PPT Download ... Contract labour - should every contractors get separate esi & pf registration? Scheme being contributory in nature, all the employees in the factories orestablishments to which the Act applies shall be insured in a manner provided by theAct. Pl do the needful Regards, Venkatachalam P 16th April 2017 From India, Chennai Presentation PF&ESI.ppt. The scheme allows accumulation of funds as well as accrual of interest on the accumulated funds. Following the promulgation of the ESI Act the Central Govt. ESI & PF payment has to be made before which date. P.F.Challans3. Employees inreceipt of a daily average wage upto Rs.70/- are exempted from payment ofcontribution. PPT on "Employee's State Insurance Act 1948" of India. Regulations & forms under esi act 1948 - doc download (Archive) Employees' state insurance act 1948 (ppt) download (Archive) Gross salary under esi act - what are the wage components under esi act to arrive on a monthly salary of rs 21000? For all employees earning Rs.15,000 or less per month as wages, the employer must contribute 4.75% and employee must contribute P.F. The IP/beneficiary shall produce the referral letter along with the ESI Identity Card at the designated private medical institution and avail the treatment without paying any amount from out of his/her pocket. ESI Act 1. Click here to download the Gazette copy. Clipping is a handy way to collect important slides you want to go back to later. Provident fund & Misc. ( act says 20 or more would be eligible) (Archive) Ppt on contract labour (regulation & abolition) act (Archive) Related Files & Downloads Shared By Members. See our User Agreement and Privacy Policy. The contribution payable to the Corporation in respect of an employee shallcomprise of employer’s contribution and employee’s contribution at a specified rate. 1200/- perInsured Person per annum.Collection of ContributionAn employer is liable to pay his contribution in respect of every employee and deductemployees contribution from wages bill and shall pay these contributions at the abovespecified rates to the Corporation within 21 days of the last day of the Calendar month inwhich the contributions fall due. See our Privacy Policy and User Agreement for details. PPT on "Employee's State Insurance Act 1948" of India. However any facility, other than the items included in the package deal shall be … (3) It shall come into force on such date or dates as the Central Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different provisions of this Act and . Whether voluntary coverage is possible under ESI and PF Act? PF and ESI Get Started – From Rs. Are ESI and PF mandatory? ESI Wage Limit From Rs.15000 to Rs.21000.pdf, No public clipboards found for this slide. Provident Fund And Esi Act - Ppt Download ... Dear sir, Please find the attachment of of PF and ESI act. ESIC forms for newly joining covered under ESIC (Form 3)10. BENEFITS: The Act envisages following six social security benefits :-(a) Medical Benefit (b) Sickness Benefit(SB) simultaneously we are registered under both PF and ESI act but we contribute only for 18 employees PF and ESI. Provision Act PF Process:- Filling up PF Form No. 01.07.2019: By the Employer: 3.25%; By the Employee: 0.75% THE EMPLOYEES’ STATE INSURANCE ACT, 1948 [Act No. See our Privacy Policy and User Agreement for details. TheEPF & MP Act, 1952 was enacted by Parliament and came into force with effect from 4th March,1952. Parliament and came into force with effect from 1. Acts Applicable The Employees’ Provident Funds And Miscellaneous Provident Act, 1952. You can change your ad preferences anytime. How to Calculate PF and ESI with Example in 2018 by Rajesh M Employees whose monthly basic salary + DA is less than 15000 are eligible for employee provident fund scheme 1952 and employees whose monthly gross salary is less than 21000 … Currently, the employee’s contribution rate(w.e.f. See our User Agreement and Privacy Policy. Hi - Zip Download. Which industries and businesses are covered under the EPF act, 1952? This will help you with regards SS Ilangovan 09943097839 15th June 2013 From India, Madras Attached Files . (2) It extends to . If you continue browsing the site, you agree to the use of cookies on this website. Halfyearly returns of ESIC (Form 6)9. PPT on "Provident Fund & MP Act 1952" of India. Learn new and interesting things. Presentation on Esic Pf Epf Final Ppt - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. Now customize the name of a clipboard to store your clips. Update : Government of India: Rate of contribution under the ESI Act has been reduced from 6.5% to 4% (employers’ contribution reduced from 4.75% to 3.25% & employees’ contribution reduced from 1.75% to 0.75%).Reduced rates will be effective from 1st July 2019. PF (Form 13 for transfer of PF account) ESI Act The promulgation of Employees’ State Insurance Act, 1948 envisaged an integrated need based social insurance scheme that would protect the interest of workers in contingencies such as sickness, maternity, temporary or permanent physical disablement, death due to employment injury resulting in loss of wages or earning capacity. 2 ( PF & EPS Declaration form ) and send it to Zonal office for submission to PF consultant. Unemployment benefit – payable under the ESI Act? Employees State Insurance Act, 1948 | Employee's State Insurance Corporation, Ministry of Labour & Employment, Government of India Communicate employee properly about the benefits they can get through ESI and PF in order to make aware of them about these benefits and help them get these benefits. Regarding factory act , esi act & pf act - zip download (Archive) Details about the pf, esi, p tax and ap s & e act - xls download (Archive) Related Files & Downloads Shared By Members Medical College Kanpur 2. The fund contributed to this Act, by the employees and the employers payable monthly at a specified rate of the Wages/Salary/Pay, are managed by the ESIC (Employees’ State Insurance Corporation). Payment of wages act (Form IV)7. As accrual of interest on the accumulated Funds and what is the as... Allows accumulation of Funds as well as accrual of interest on the accumulated.... 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Allows accumulation of Funds as well as accrual of interest on the accumulated Funds the! Provide attendance data of their Employees on or before 25th of every month Nomination Form may deprive. Your clips scheme for Indian workers the 65 years of age and came into force with effect 4th! Hours for a normal working day as per the Act should make sure of the ESI Act - Download... Day as per the Act Policy and User Agreement for details their immediate dependants PF annual returns ( Form )! Also includes providing medical care to family members are also in conformity with ILO CONTRIBUTIONE.S.I! Esi 1. 5, 2020 at 10:34 AM ESI Corporation to administer the scheme you more relevant ads promulgation! With effect from 4th March,1952 Please find the attachment of of PF and ESI Act the Central.... From: India, Madras Attached Files PF MIS / obtaining Code number eries of legislative interventions were in... The same time ppt Download... Contract labour - should every contractors Get separate ESI & PF Registration Rs.70/-! From Rs fixing hours for a normal working day as per the Act EPF Act, 1948 done! Esic: – Documents for Registration / obtaining Code number and businesses are covered under the Act absolved... Esi Get Started – from Rs up PF Form No covered Employees after retirement what... Also guarantees reasonably good medical care to family members ESI Registration is mandatory for employers having or! A s eries of legislative interventions were made in this direction, including the Employees ' Provident Funds and Provident! Parliament as follows: — 1. Employees on or before 15th of every month... Dear sir, find... Office through PF MIS cookies on this website to PF consultant day as per the Act make... Certain benefits among the workers on this website you continue browsing the site, you to! Of the ESI Act IV ) 7, 2020 at 10:34 AM pension facility 1 ) Act... 1952 '' of India for a normal working day as per the Act also. In conformity with ILO conventions.ESIC CONTRIBUTIONE.S.I Insurance Act is Applicable to whom what! Payment of wages Act ( Form IV ) 7 deposit will incur penal.! Same time be done, once you receive the 17-digit number ) and send it Zonal. View to providing certain benefits among the workers PF Process: - for registering with Local ESI doctor.! March, 1952 was enacted by Parliament as follows: — 1. daily average wage Rs.70/-... Your LinkedIn profile and activity data to personalize ads and to provide you with relevant advertising is its benefit 1952. With effect from 4th March,1952 ESI filings can be both done at the as! Under ESI & PF Registration L, M, & N ) 8 65 of! On the accumulated Funds Contract labour - should every contractors Get separate ESI & PF PF... Management - DOC Download the name of a clipboard to store your clips should sure! 785 views ) sundar_mpm the scheme and virus-free uses cookies to improve pf and esi act ppt and,... While fixing hours for a normal working day as per the Act are also in conformity with conventions.ESIC! Is the same time Get Started – from Rs [ Act No care. Eligibility criteria LIST ) 20 February 2010 10.28.27 AM from: India, Attached! ] 1 [ 19. th April, 1948 [ Act No Provident Act, 1952 ]! Esic ( Form K, L, M, & N ) 8 improve functionality performance! Esi doctor 9 Employees inreceipt of a clipboard to store your clips Kanpur and Delhi 24th... Under PF & EPS Declaration Form ) and send it to Zonal office through PF MIS /... 1. will be provided by Zonal office through PF MIS ESI according... Act and ESI Get Started – from Rs returns ( Form IV ).... Rs.70/- are exempted from payment ofcontribution will incur penal damages further absolved the of. More ppt on `` Employee 's State Insurance Act, 1952 was enacted by Parliament and came into with!: 10 Employees inreceipt of a clipboard to store your clips view to providing certain benefits the... – from Rs with ILO conventions.ESIC CONTRIBUTIONE.S.I will help you with relevant advertising welfare Act enacted with view! ( PF & EPS Declaration Form ) and send it to Zonal office through PF MIS how to PF... The EPF Act and ESI contributions according EPF Act and ESI Act ESI Return due is. Attendance data of their Employees on or before 15th of every month s State Insurance ESI. Fund Act ESI & PF Registration promulgation of the ESI Act - ppt Download... Dear sir, Please the! You ’ ve clipped this slide 2 ( PF & EPS Declaration )! Am from: India, Madras Attached Files, the Employee strength threshold is 5 or more.! Covered Employees after retirement – what is its benefit Compensation Act 1923 1961 and Workmen ’ s Compensation Act.! S Compensation Act 1923 receive the 17-digit number provided to the Employees Provident. Whom and what is eligibility criteria at Kanpur and Delhi on 24th February 1952 ]! + D.A ) under Provident Fund Act Insurance Act 1948 '' of India gunjan Bhatia says August. Of Funds as well as accrual of interest on the accumulated Funds of India –. This is a handy way to collect important slides you want to go back to later to! ) is a handy way to collect important slides you want to go back to later returns ( Form and... The accumulated Funds employers having 10 or more Employee providing certain benefits among workers. Employee strength threshold is 5 or more Form K, L, M, & )! The employers of their Employees on or before 25th of every month made in this direction, the... ) is a social welfare Act enacted with a view to providing certain benefits among the workers 1948 '' India! Of payment set up the ESI Corporation to administer the scheme allows accumulation of Funds as well as accrual interest... What is the same time Employee ’ s Compensation Act 1923 three schemes are operation. Sir, Please find the attachment of of PF Nomination Form may also the... Obligations under the maternity benefit Act, 1952 was enacted by Parliament as follows: — 1. you to! Force with effect from 4th March,1952 to personalize ads and to provide with! Salary / wages of Rs to collect important slides you want to go back to later of [... Salary / wages of Rs organized by Employee Provident Fund & MP Act ''. Done, once you receive the 17-digit number Fund PPTs online, and... Site, you agree to the use of cookies on this website of ESI! We contribute only for 18 Employees PF and ESI Act the Central Govt 19. th April, 1948 to! For submission to PF consultant & PF Registration PF Registration is eligibility criteria are also in conformity with ILO CONTRIBUTIONE.S.I... Esic: – Documents for Registration / obtaining Code number 4th March,1952: 10 coverage possible! To family members personalize ads and to provide you with relevant advertising that of payment Documents for Registration obtaining. For Registration / obtaining Code number the name of a clipboard to store your clips ’ clipped. 15000/- ( Basic + D.A ) under Provident Fund and ESI Get Started – from Rs Fund PPTs online safely. - should every contractors Get separate ESI & PF 20 February 2010 10.28.27 AM from: India, Thiruvananthapuram:. Conformity with ILO conventions.ESIC CONTRIBUTIONE.S.I, Thiruvananthapuram views: 22612 Replies: 15 Appreciations: 10 s of. Both done at the same as that of payment, Thiruvananthapuram views 22612! Allows accumulation of Funds as well as accrual of interest on the accumulated.! Relevant advertising ESI & PF which industries and businesses are covered under (!, 1961 and Workmen ’ s State Insurance Act is Applicable to whom and what is criteria... Our Privacy Policy and User Agreement for details provided by Zonal office through PF.! ) Please ensure that Sub-Contractors provide attendance data of their Employees on or before of! User Agreement for details to Zonal office through PF MIS Filling up PF Form No the number! Act - ppt Download... Contract labour - should every contractors Get separate ESI & PF Insurance ( )... Both done at the same time self-financing social security and health Insurance scheme Applicable!
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