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PF and ESI on Incentives payments

This query is : Resolved 
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(Querist)
21 August 2024 Dear Sir

Based on sale turnover in order to encouraging our hotel staff we are paying monthly incentives approximately Rs 5000/.
Any statutory such as PF ans ESI attracted for this amount. We are paying Income tax for this .
Kindly clarify.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
23 August 2024 PF not applicable on incentive payment.
Performance Incentives if it is paid on a regular basis, you have to pay ESI
contribution.
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