22 October 2015
Dear All,
I am working in a company which is registered just now as a Pvt Ltd of freight forwarders company and we are having only 2 BOD & 4 other employees.
My question is that whether we should deduct PF or ESI or Professional Tax from employee's salary.
Thanks to all in advance.
23 October 2015
ESI IS REQUIRED IF EMPLOYEES EXCEED 10 IN NUMBER; IN CASE OF PF NUMBER OF EMPLOYEES ARE MORE THAN 20. THUS NOT REQUIRED. IF U VOLUNTARY WANT THEN U CAN OPT AT ANY NUMBER
CAclubindia
