Employer Employee relationship

Employer Employee relationship

Act	Coverage
Employees’ Provident Funds Scheme, 1952	Mandatory for basic pay <10,000 and minimum employee more than 20.
EMPLOYEES' DEPOSIT LINKED INSURANCE SCHEME, 1976	Who all are covered under EPF, 1952
EMPLOYEES' PENSION SCHEME - 1995	Those who are covered/opted under the scheme.
THE EMPLOYEES’ STATE INSURANCE SCHEME	Mandatory for basic pay <7500
PAYMENT OF GRATUITY ACT, 1972	The Payment of Gratuity Act, 1972 applies to factories and other establishments employing ten or more persons. On completion of five years’ service, the employees are entitled to payment of gratuity @15 days wages for every completed year of service or part thereof in excess of six months subject to a maximum of Rs.3.50 lakh.