14 September 2012
Dear Experts, A person is heading a particular department (say Finance department) and contributing his time equally for 6 different manufacturing units of a group companies. All the 6 units are separate profit centres and the top management wants to share the person's Salary/remuneration equally among all the units. (when there is no separate corporate office and all the units are maintaining separate books of accounts but the Partners or Directors are common or having stake in one another).
How this would be possible by fulfilling the following departments' statutory requirements. 1. ESIC 2. EPF 3. Income Tax 4. Professional Tax regards G. Sreenivasan
14 September 2012
IF ALL THE MANUFACTURING UNITS INCORPORATED BY DIFFERENT NAMES AND HAVE SEPARATE PAN & TAN THAN PERSON IS EMPLOYEE OF SIX DIFFERENT EMPLOYERS.