Esi doubts...very urgent sir!!!

This query is : Resolved

Rajesh (Querist)
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28 December 2011 Dear Experts,
Very urgent pls help me
If a worker gets Basic = 10000
D.A. = 2000
Incentive = 5000
Total = 17000
1)Is the company statutorily required to deduct 1.75% on 17000 or can it be restricted to 15000 itself (as in the case of PF)
2)Should they have to filed monthly return like PF (Form 5 or Form 10)
Thanks & Regards,
Rajesh.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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06 April 2012 Yes you have to deduct PF and deposit every month if the worker is having salary of Rs. 15,000 or blow in this case the salary is below the limit as prescribed

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