The move is aimed at formalising India’s informal workforce and expanding social security coverage. The ESI Act, 1948, applies to organisations with 10 or more employees, drawing a salary of up to ₹21 ...

ESIC Registration Process: Entities with 10 or more employees and up to Rs 21,000 monthly wage to employees are eligible to apply for ESI scheme. ESIC registration- Process & Document Required: ...

Wage ceiling under EPF and ESI refers to the salary threshold up to which EPF and ESI contribution is mandatory under law. (Image/PTI) In yet another bid to push “formalisation” of India’s workforce ...

Adjustments made through CPC were not finally upheld where the assessee raised a valid factual plea on timing of salary payment. The ruling highlights that mechanical disallowances must give way to ...

Retirement savings streamlined by removing 12% tax ceiling on employer Provident Fund contributions and providing companies ...

When records are produced and cooperation is forthcoming, assessment must be carried out under Section 75(2)(a) and not under ...

he Marol hospital shut down in 2018 following a fire. For the last five years, employees have been paying their contribution towards the ESIC scheme (which provides free medical treatment and ...