Provident Fund Act :

• Form 5A
• Specimen Signature
• Nomination Forms
• Kyc’s of Emp
• Form 11
• Inspection Book

20 Employee (Including Branch and Contract Employee)

Applicable to those Whose Basic+DA is upto 15000/- per month (wef Sep14)

E’ee Shr=12% on Basic + Fixed Allowances – HRA ( Can be capped upto 1800pm)

E’er Shr=13% on Basic + Fixed allowances- HRA ( Can be capped upto 1800pm)

Employee State Insurance Act.

• ESI Numbers
• Accident Register
• Form 01A
• Inspection Book

10 Employee (Including Branch and Contract Employee) for Factory and 10 employees in case of service Industry/Office w.e.f 01.10.2020 ( earlier it was 20 covered emps for Office)

Applicable to those whose Gross Salary excluding Conveyance is upto 21000/-per month (wef Jan17)

Earlier the limit was 15000 p.m.

E’ee Shr=0.75% (wef July’19)

E’er Shr=3.25% (wef July’19)

Payment of Gratuity Act.

• Notice of Opening
• Nomination Form

10 Employees

Applicable on completion of 5 years of service.

Gratuity=15/26* Last drawn Basic +DA* Number of years of service.

Factories Act.

20 Employees

NA

Bonus Act.

• Form A, B.
• Bonus Register
• Annual Return

10 Employees

Applicable to all those drawing Basic+DA upto Rs.21000/-(wef Apr’15) Earlier 10,000 pm.

Bonus is calculated minimum upon Minimum Wages as declared by the Government from time to time with Minimum Bonus of 8.33% & Maximum Bonus of 20%.

Labour Welfare Fund (as per Maharashtra state)

5 Employees

Upto 3000 Gross Salary =Rs 6 Employee Share and Above 3000 Gross salary =12 and Employer Share is 3 times of Employee Share respectively.

Maternity Benefit Act

• Annual Return

10 Employees

Eligible on Completion of 80 days

Profession Tax Act (as per Maharashtra State)

1 Employee

Upto 7500 Gross Salary =NIL, From 7501 to 10000=175 and 10001 & Abv=200 and in the month of Feb= Rs 300.