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if an employer reimburses salary and travelling allowance of his sale distributor(more than 100) employing 2 salesmen each. The structure of the employment is so designed such that the distributor employees are not on payrroll.
will this reimbursement attract esic and pf liability on the company, since maximum number of distributors are not registered, with the relevant authorities. |
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Ours is a consultancy with actuarial expertise specializing in the field of accounting for Post Retirement Employee Benefits (Gratuity, Leave Encashment etc. etc.) needed for compliance of Accounting Standards of the Institutes of Chartered Accountants. The consultancy is headed by Mr. M.L.Sodhi who is an Actuary. He is a Fellow Member of Institute of Actuaries of India (Fellow Membership Number 00178). For the last 15 years our main activity is to provide actuarial valuations required for Accounting of Employee Benefits such as Gratuity, Leave Encashment etc. etc. These valuation reports are needed to comply with Indian GAAP-Accounting Standard 15 (Revised 2005), International Accounting Standard IAS-19 (Revised 2011). Reports in compliance of US-GAAP are also provided.
For more details you may contact me on 9211637063 or visit our website at www.mlsodhiactuary.com |
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Ours is a consultancy with actuarial expertise specializing in the field of accounting for Post Retirement Employee Benefits (Gratuity, Leave Encashment etc. etc.) needed for compliance of Accounting Standards of the Institutes of Chartered Accountants. The consultancy is headed by Mr. M.L.Sodhi who is an Actuary. He is a Fellow Member of Institute of Actuaries of India (Fellow Membership Number 00178). For the last 15 years our main activity is to provide actuarial valuations required for Accounting of Employee Benefits such as Gratuity, Leave Encashment etc. etc. These valuation reports are needed to comply with Indian GAAP-Accounting Standard 15 (Revised 2005), International Accounting Standard IAS-19 (Revised 2011). Reports in compliance of US-GAAP are also provided.
For more details you may contact me on 9211637063 or visit our website at www.mlsodhiactuary.com |
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