ESI & PF
This query is : Resolved
10 April 2010
What is the maximum %age of ESI and PF an employer can statutorily deduct from employee's salary ???
10 April 2010
Presently (employees contribution) to
PF = 12% of Basic
ESI = 1.75% of basic
PF = 12% of Basic
ESI = 1.75% of basic
10 April 2010
Thank You for your quick response Ramesh Sir ...
But i still have a doubt regarding Employee's contribution to PF ...
Isn't it 10% ?? {Sec 6 as amended by EPF and MP Act, 1988}
However employee can on his discretion contribute more than this %age ..
Right ??
But i still have a doubt regarding Employee's contribution to PF ...
Isn't it 10% ?? {Sec 6 as amended by EPF and MP Act, 1988}
However employee can on his discretion contribute more than this %age ..
Right ??
11 April 2010
the rate for PF is 12 %. An employee may voluntarily contribute higher % of salary.
PF is calculated on basic and DA.
ESI is calculated on gross salary
PF is calculated on basic and DA.
ESI is calculated on gross salary
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
