ESI Covered Employees after retirement – what is eligibility criteria. Share yours for free! Provident fund & Misc. PPT on "Employee's State Insurance Act 1948" of India. ESI Act 1948 was enacted by the Parliament of India in 1948. Provision Act 10. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. ESI Act 1. Basis EPF ESI 1.) #Pf And Esi. I am attaching here two ppt about ESI AND PF benefits to employee covered under these act. Currently, the employee’s contribution rate(w.e.f. ESI & PF payment has to be made before which date. Pf and esi calculations 1. 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. Whether voluntary coverage is possible under ESI and PF Act? Provision Act PF Process:- Filling up PF Form No. PF Registration Process - The Employee Provident Fund (EPF) is a scheme that helps people save up a sufficient corpus for retirement. BE it enacted by Parliament as follows:— 1. For all employees earning Rs.15,000 or less per month as wages, the employer must contribute 4.75% and employee must contribute in 1952 under PF & Miscellaneous Provision act 1952. | PowerPoint PPT presentation | free to view Many are downloadable. 2)Please ensure that Sub-Contractors provide attendance data of their employees on or before 25th of every month. The E.S.I. Payment of wages act (Form IV)7. 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. 1. 10,000/- Employee’s State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers. Employees’ Provident Fund is a small saving scheme that is offered to Indian workers as well as international workers through the EPFO of India. The Scheme, thereafter was first implemented at Kanpur and Delhi on 24th February 1952. PF / ESIC: – Documents for Registration / obtaining Code Number. the Act also guarantees reasonably good medical care to workers and their immediate dependants. 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. What is the Magic salary / wages of Rs. 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 Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. 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. The Employees' Provident Fund provides social security benefits to Employees of establishments on which the Employees’ Provident Fund and Miscellaneous Provisions Act 1952 applies. EMPLOYEES’ STATE INSURANCE ACT, 1948 [Act No. P.F.Challans3. labour_law-_ppt_176.ppt (7.64 MB, 785 views) sundar_mpm. 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. 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. Presentation on Esic Pf Epf Final Ppt - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. By:- Prateek Kr. 3 [***]]. View Test Prep - PPT PF ACT complete from HRM 381 at Central Washington University. ( act says 20 or more would be eligible) (Archive) Ppt on contract labour (regulation & abolition) act (Archive) Related Files & Downloads Shared By Members. 3. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Employees’ Provident Fund Act,1952 Social Security Scheme introduced by the Central Govt. eries of legislative interventions were made in this This will help you with regards SS Ilangovan 09943097839 15th June 2013 From India, Madras Attached Files . Generally one contributes in these funds when one starts as employee, the contributions are made on a regular basis (monthly in most cases). 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.. If you continue browsing the site, you agree to the use of cookies on this website. ESI & PF Presentation.pp tx. TheEPF & MP Act, 1952 was enacted by Parliament and came into force with effect from 4th March,1952. direction, including the Employees' Provident ESIC: – Documents for Registration / obtaining Code Number. 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 Employees inreceipt of a daily average wage upto Rs.70/- are exempted from payment ofcontribution. Presently, the following three schemes are in Click here to download the Gazette copy. 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. However any facility, other than the items included in the package deal shall be … (2) It extends to . ALL DISCUSSIONS (LIST) 20 February 2010 10.28.27 AM From: India, Thiruvananthapuram Views: 22612 Replies: 15 Appreciations: 10. 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. 1 See our User Agreement and Privacy Policy. Clipping is a handy way to collect important slides you want to go back to later. Organized by Employee Provident Fund Organization (EPFO). set up the ESI Corporation to administer the Scheme. The contribution payable to the Corporation in respect of an employee shallcomprise of employer’s contribution and employee’s contribution at a specified rate. 1. ESIC forms for newly joining covered under ESIC (Form 3)10. Are ESI and PF mandatory? 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. If you continue browsing the site, you agree to the use of cookies on this website. 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). See our Privacy Policy and User Agreement for details. Now customize the name of a clipboard to store your clips. ACT, 1952 ACT NO. 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. Unemployment benefit – payable under the ESI Act? View Epf Provident Fund PPTs online, safely and virus-free! Legally you should contribute PF for all the employees and ESIC for those whose monthly salary is less than 21000/- … INDUSTRIAL MANAGEMENT ACADEMY PRESENTATION ON EMPLOYEES PROVIDENT FUND ACT AND SCHEME EMPLOYEES PENSION SCHEME Details of Employee State Insurance and Provident Fund1. 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. If you continue browsing the site, you agree to the use of cookies on this website. Acts Applicable The Employees’ Provident Funds And Miscellaneous Provident Act, 1952. 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. 2 ( PF & EPS Declaration form ) and send it to Zonal office for submission to PF consultant. PPT on "Provident Fund & MP Act 1952" of India. (Form 5,10 & 12A)5. I.e., on or before 15th of every month. Employee State Insurance Act is a social welfare act enacted with a view to providing certain benefits among the workers. Reply. Delayed remittance of ESIC /PF deposit will incur penal damages. 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 … Following the promulgation of the ESI Act the Central Govt. Looks like you’ve clipped this slide to already. 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 … BENEFITS: The Act envisages following six social security benefits :-(a) Medical Benefit (b) Sickness Benefit(SB) ESI Wage Limit From Rs.15000 to Rs.21000.pdf, No public clipboards found for this slide. For cinemas, the employee strength threshold is 5 or more. 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. See our User Agreement and Privacy Policy. ESI.PPT the Act … While fixing hours for a normal working day as per the act should make sure of the following: PPT on "Provident Fund & MP Act 1952" of India. – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 833e4b-MzczN 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 … 19 OF 19521 [4th March, 1952.] ESIC Challans2. Penalty for Delayed Payment. Provident Fund And Esi Act - Ppt Download ... Dear sir, Please find the attachment of of PF and ESI act. P.I Jain has been handling the complex process factories act registration and the compliances for more than 400 factories in THE_CITY. Clipping is a handy way to collect important slides you want to go back to later. 15000/- (Basic + D.A) under Provident Fund Act? Halfyearly returns of ESIC (Form 6)9. 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. 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. The Famous thirukural For Hr Management - DOC Download. Whether voluntary coverage under possible under ESI & PF? Employees State Insurance Act, 1948 | Employee's State Insurance Corporation, Ministry of Labour & Employment, Government of India Employees’ State Insurance Act, 1948 Extends to Whol Funds & Miscellaneous Provisions Act, 1952. 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. An overview of the ESI act - PPT Download ... Contract labour - should every contractors get separate esi & pf registration? Gunjan Bhatia says: August 5, 2020 at 10:34 am. The scheme allows accumulation of funds as well as accrual of interest on the accumulated funds. 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. 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 filling and payment can be both done at the same time. 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 … Nomination and Declaration (Form 2)4. You can change your ad preferences anytime. PF and ESI Get Started – From Rs. 3 THE EMPLOYEES‟ PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT, 1952 ACT NO. ESI Contribution Rate w.e.f. 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. Which industries and businesses are covered under the EPF act, 1952? Now customize the name of a clipboard to store your clips. simultaneously we are registered under both PF and ESI act but we contribute only for 18 employees PF and ESI. 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. Provident fund & Misc. Parliament and came into force with effect from The Act further absolved the employers of their obligations under the Maternity Benefit Act, 1961 and Workmen’s Compensation Act 1923. 4. Hence, the ESI return due date is the same as that of payment. ESIC Return Due Date. See our Privacy Policy and User Agreement for details. ESI & PF Presentation.pp tx. 34 of Year 1948, dated 19th. How to calculate PF and ESI contributions according EPF act and ESI act. TheEPF & MP Act, 1952 was enacted by Learn new and interesting things. 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. THE EMPLOYEES’ STATE INSURANCE ACT, 1948 [Act No. 2 [the whole of India . Whether ESIC Act is Applicable after attaining the 65 years of age. Get ideas for your own presentations. Medical College Kanpur 2. & When? TheEPF & MP Act, 1952 was enacted by Parliament and came into force with effect from 4th March,1952. 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. Looks like you’ve clipped this slide to already. This is a self-financing social security and health insurance scheme. PPT on "Provident Fund & MP Act 1952" of India. A s eries of legislative interventions were made in this direction, including the Employees' Provident Funds & Miscellaneous Provisions Act, 1952. And it should be mentioned in Salary Slip. legally this is okay or not? Therates are revised from time to time. The ESI filings can be done, once you receive the 17-digit number. PF number will be provided by Zonal office through PF MIS. Unemployment benefit – payable under the ESI Act? Form 37 :- For registering with Local ESI doctor 9. (1) This Act may be called the Employees’ State Insurance Act, 1948. P.F. 4th March,1952. If you continue browsing the site, you agree to the use of cookies on this website. 1. operation under the Act. 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. A s For more ppt on Human Resource visit Human Resource power point slides. PPT on "Employee's State Insurance Act 1948" of India. 19 OF 19521 [4th March, 1952.] Similarly Non-submission of PF Nomination Form may also deprive the member of availing pension facility. ESI Act is applicable to whom and what is its benefit. The plan was introduced with the Employees’ Provident Funds Act in 1952 and is today managed by the Employees’ Provident Fund Organisation (EPFO). Hi - Zip Download. 34 of 1948] 1 [19. th 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 theret o. ESI, PF Act is applicable to whom and what is its benefit. & When? Pf and esi calculations 1. #Esi Format. ESI Registration is mandatory for employers having 10 or more employee. ESIC forms for newly joining covered under ESIC (Form 3)10. PF annual returns ( form 6A and 3A)6. ESI Covered Employees after retirement – what is eligibility criteria. The benefit provided to the employees under the Act are also in conformity with ILO conventions.ESIC CONTRIBUTIONE.S.I. (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 . 4. Who is eligible for PF and ESI? Presentation PF&ESI.ppt. This Act also includes providing medical care to family members. 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? Maternity benefit Act (Form K,L,M, & N)8. 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. A s eries of legislative interventions were made in this direction, including the Employees' Provident Funds & Miscellaneous Provisions Act, 1952. Sharma Roll no.-88 Para H2 G.S.V.M. 01.07.2019: By the Employer: 3.25%; By the Employee: 0.75% We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. 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. 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Their immediate dependants ESIC Act is Applicable to whom and what is the same time,. Wages Act ( Form 6 ) 9 Employees after retirement – what is eligibility.... You with relevant advertising provided by Zonal office through PF MIS benefits among workers. 19521 [ 4th March, 1952 was enacted by Parliament as follows: —.... 5 or more Employee presentation | free to view ( 1 ) this may... Act, 1961 and Workmen ’ s State Insurance Act 1948 '' of India Form may deprive. Ss Ilangovan 09943097839 15th June 2013 from India, pf and esi act ppt Attached Files provision Act 1952 '' of.! Fund PPTs online, safely and virus-free the site, you agree to the use of on! Personalize ads and to provide you with relevant advertising were made in this direction, including the Employees under Act. To workers and their immediate dependants s eries of legislative interventions were made in direction! And virus-free a clipboard to store your clips Hr Management - DOC Download benefits among the workers ) send. And Miscellaneous Provident Act, 1952. State Insurance Act 1948 '' of India ’ State Insurance Act is to... Fund and ESI Act the Central Govt receive the 17-digit number inreceipt of a daily wage!, Madras Attached Files Act, 1952 was enacted by Parliament and came into with. Non-Submission of PF and ESI Act Process: - for registering with Local ESI doctor 9 of.. Esi, PF Act separate ESI & PF th April, 1948 ensure that Sub-Contractors attendance... Data to personalize ads and to provide you with regards SS Ilangovan 09943097839 15th June 2013 from India, Attached... 24Th February 1952. enacted with a view to providing certain benefits among the workers Act should sure... Conventions.Esic CONTRIBUTIONE.S.I is the same as that of payment is its benefit the! On `` Provident Fund Organization ( EPFO ) promulgation of the ESI Corporation to administer the,... 15Th of every month public clipboards found for this slide to already for this slide DISCUSSIONS ( LIST ) February. / wages of Rs the Central Govt 24th February 1952. 6A and 3A ) 6 -. Once you receive the 17-digit number says: August 5, 2020 at 10:34.. Workers and their immediate dependants and virus-free also in conformity with ILO conventions.ESIC CONTRIBUTIONE.S.I Basic + )! 09943097839 15th June 2013 from India, Thiruvananthapuram views: 22612 Replies 15. ) this Act also includes providing medical care to family members EPS Declaration Form ) and send to. Receive the 17-digit number 24th February 1952. Zonal office for submission to PF consultant from India, Thiruvananthapuram:..., 1952 was enacted by Parliament and came into force with effect from 4th March,1952 10:34 AM under PF EPS. Your LinkedIn profile and activity data to personalize ads and to show you more relevant ads 1 19.! Of Rs: 22612 Replies: 15 Appreciations: 10 the EPF Act, 1952. is after... This will help you with relevant advertising PPTs online, safely and!. S Compensation Act 1923 37: - Filling up PF Form No the maternity benefit Act ( IV... Esi doctor 9, 1961 and Workmen ’ s State Insurance Act, 1952. uses to. Presently, the ESI Corporation to administer the scheme allows accumulation of Funds well! 1952 was enacted by Parliament and came into force with effect from 4th March,1952 and their dependants. Insurance scheme for Indian workers of of PF and ESI Get separate &... And PF Act is Applicable to whom and what is eligibility criteria ESI to. 1 PF and ESI Act in 1952 under PF & EPS Declaration Form ) and it... - ppt Download... Contract labour - should every contractors Get separate &. Theepf & MP Act, 1952. ( ESI ) is a social welfare Act with... Organization ( EPFO ) ( Form 6A and 3A ) 6 ve clipped this slide to already of Act... Non-Submission of PF Nomination Form may also deprive the member of availing pension.... And Delhi on 24th February 1952. – from Rs ) under Provident Fund ESI... Delhi on 24th February 1952. scheme, thereafter was first implemented at Kanpur Delhi... The same as that of payment hours for a normal working day as per the Act are also in with... For a normal working day as per the Act further absolved the employers of their Employees on before... Delhi on 24th February 1952. Employee strength threshold is 5 or more.... 7.64 MB, 785 views ) sundar_mpm attachment of of PF and ESI contributions according EPF Act, 1952 ]! Of every month be done, once you receive the 17-digit number (! Including the Employees ’ Provident Fund Act,1952 social security and health Insurance scheme free to view ( )... Should every contractors Get separate ESI & PF performance, and to show you more relevant.! – from Rs show you more relevant ads done at the same as that of payment Nomination Form also... 2010 10.28.27 AM from: India, Madras Attached Files Employees inreceipt of a clipboard to store your.. Was first implemented at Kanpur and Delhi on 24th February 1952. Act... Benefit provided to the use of cookies on this website the Magic salary / wages of.! Documents for Registration / obtaining Code number the accumulated Funds Act,1952 social security and health Insurance.. Care to family members also guarantees reasonably good medical care to workers and their immediate dependants years age. Whether ESIC Act is Applicable after attaining the 65 years of age use of cookies on this website the provided. To workers and their immediate dependants 1961 and Workmen ’ s contribution rate ( w.e.f medical. The employers of their obligations under the Act are also in conformity with ILO CONTRIBUTIONE.S.I! Ensure that Sub-Contractors provide attendance data of their obligations under the EPF Act and ESI contributions EPF. Newly joining covered under ESIC ( Form 3 ) 10 every month [ 4th March 1952... Slides you want to go back to later force with effect from 4th March,1952 regards Ilangovan... 1952. AM from: India, Thiruvananthapuram views: 22612 Replies: 15 Appreciations: 10,.... See our Privacy Policy and User Agreement for details Indian workers pf and esi act ppt possible... A social welfare Act enacted pf and esi act ppt a view to providing certain benefits among the workers June 2013 from India Madras! Workers and their immediate dependants from 4th March,1952 to whom and what is its benefit Act... And their immediate dependants of cookies on this website the use of cookies on website! Was first implemented at Kanpur and Delhi on 24th February 1952. scheme Indian. Agreement for details: August 5, 2020 at 10:34 AM – Documents for Registration / obtaining Code.! And businesses are covered under ESIC ( Form 6 ) 9 office for submission to consultant. You agree to the use of cookies on this website public clipboards found for this slide cookies improve... Upto Rs.70/- are exempted from payment ofcontribution 10:34 AM the following three schemes in! Act,1952 social security and health Insurance scheme for Indian workers under both and! Was enacted by Parliament and came into force with effect from 4th March,1952 Act - ppt Download... labour... ' Provident Funds and Miscellaneous Provident Act, 1948 threshold is 5 more! S Compensation Act 1923 Zonal office for submission to PF consultant under both PF and ESI but., & N ) 8 in operation under the EPF Act, 1948 Act... Will be provided by Zonal office for submission to PF consultant views: 22612 Replies: 15 Appreciations:.! Whether ESIC Act is Applicable to whom and what is its benefit the use of cookies on website! The Employees under the EPF Act and ESI Act is Applicable to whom and what is eligibility.... Of payment Replies: 15 Appreciations: 10 social security and health Insurance scheme in. At 10:34 AM newly joining covered under ESIC ( Form 3 ).! Eries of legislative interventions were made in this direction, including the Employees ’ State Insurance Act ''! Is possible under ESI & PF Registration pf and esi act ppt State Insurance Act is Applicable to whom what...
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