Employee State Insurance Corporation (ESI)
- The act is applicable for Factories and all Commercial establishments employing 10 people or more.
- The existing wage limit under the act for Rs.21,000/-per month (effective 01.01.2017)
- Employee contribution 0.75% Employer contribution 3.25%
- Due date – before 15th of every month
- The scheme is implemented across all states in India
Employee Provident Fund (EPF)
- This act is applicable for factories & all commercial establishments employing 20 people or more.
- The existing Basic salary limit under the act for Rs.15,000/-per month
- Employee contribution 12% Employer contribution 12 % & Admin charges 1%
- EPF contributions are due before the 15th of every month
- The scheme is implemented across all states in India
Shops & Establishments Act 1947
This act is applicable to COMMERCIAL ESTABLISHMENTS & TRADING ACTIVITIES
A few examples
- Selling activities like Showrooms in any kind of business
- Chartered Accountants
- Recruitment & Placement Consultants
Factories Act 1948
This act is applicable for MANUFACTURING ACTIVITES establishments
Electricity powered Machineries used for production activities
SSI Units
Catering Establishment Act
The act applicable for Foods & Beverage Industries
A few examples
- Hotels
- Restaurants
- Catering Services
- Bakeries
- Softdrinks &
- Food Products