Project-report
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What is a project report?

The project report is a document, which gives an account of the project proposal to ascertain the prospects of the proposed plan/activity. The project report contains detailed information about:

1.Land & building required
2.Manufacturing Capacity per annum
3.Manufacturing Process
4.Machinery & equipment along with their prices and specifications
5.Requirements of raw materials
6.Power & Water required.
7.Manpower needs
8.Marketing
9.Cost of the project and production.
10.Financial analyses & economic viability of the project.

What details are required for preparation of Project Report?

Information in detail is required about the technical process, requirements of plant and machinery, raw materials, manpower requirement, market information and statutory representations (like pollution control and public safety) etc. The details of power and water tariff, land/shed/building and selling prices etc. needs to be collected as prevalent in the market.

Project-Report

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FAQS

ESI stands for Employee's State Insurance a self-financing social security and health insurance scheme for Indian workers. ESI provides employees with less than Rs.15,000 monthly wages health and sickness benefits through a statutory scheme.

Employees having 10 or employees have to register for ESI irrespective of the salary of the employees. In case all the Employees employed in the organization have a monthly wages of over Rs.15,000, then the organization would have to file a NIL return.

To register for ESI, the Employer must apply to the concerned Regional Office and obtain an identification number called the Code number. The code number is a 17 digit unique identification number.

Application for registration under ESI along the documents relating to the constitution of the organization (Incorporation Certificate, Partnership Deed, etc.,), proof of commencement of business, list of Partners or Directors, address proof and month-wise employee details. Additional details may be required on a case to case basis.

At the time of registration, the Employee is required to fill in Form - I and submit a family photo in duplicate to the employer, which is in turn submitted by the Employer to the ESI Office. The employee is then allotted an insurance number and issued a temporary identity card for availing medical benefits for him/herself and his/her family. Thereafter, a permanent identity card is issued, which can be used by the employee even after transferring jobs.

Organizations under ESI coverage must file annual return showing the changes if any during the preceding year. Return of contributions enclosing copy of all ESI contributions paid must be submitted once every six months.

All those entities that employ more than 10 persons are required to obtain ESI registration. Entities having ESI registration must efile ESI returns.

Non-compliance with ESI regulation is a serious offence. If an employer fails to pay any contribution payable under the Act within the prescribed time-limit, he/she may be punishable imprisonment for a term which may extent to three and fine of Ten thousand rupees.

ESI returns are due half-yearly. Use ReminDue to know the next ESI return due date and ESI payment due date for your business.

ESI payments can be made online through net banking facilities.

There are restrictions on the transfer of ownership interest in a Partnership firm. A Partner cannot transfer his/her interest in the firm to any person (except to the existing partners) without the unanimous consent of all other partners.

There are restrictions on the transfer of ownership interest in a Partnership firm. A Partner cannot transfer his/her interest in the firm to any person (except to the existing partners) without the unanimous consent of all other partners.

The cost for engaging an ESI consultant would depend on the nature, scope and type of engagement required with respect to ESI. Talk to an JABCBusiness Expert to find and engage an ESI consultant.