Urgent...
This query is : Resolved
19 December 2014
Please tell me whether the enhanced limit of ESI from 15000/- to 25000/- & PF from 6500/- to 15000/- has become applicable , if yes then what is the effective date.
Also tell me what is the min no. of employees for ESI/PF applicability??
Is it 10 or more at any tine during the previous year for ESI???
and 20 or more at any time during the current year for PF??
Also tell me what is the min no. of employees for ESI/PF applicability??
Is it 10 or more at any tine during the previous year for ESI???
and 20 or more at any time during the current year for PF??
19 December 2014
yes its has been made effective from 1.9.2014
http://taxguru.in/corporate-law/employee-provident-fund-epf-limit-increased-rs-15000-rs-6500-wef-01092014.html
http://taxguru.in/corporate-law/employee-provident-fund-epf-limit-increased-rs-15000-rs-6500-wef-01092014.html
19 December 2014
and What about ESI increased limit applicability???
Please clarify if employee salary is above 15000/- then PF will be deducted or not on the basis of RS. 6500/- or 15000/-???
Please clarify if employee salary is above 15000/- then PF will be deducted or not on the basis of RS. 6500/- or 15000/-???
02 August 2025
Here’s a quick update on your **ESI and PF limits** query:
---
### 1. Enhanced Limits Applicability
| Scheme | Previous Limit | Revised Limit | Effective Date |
| -------------- | -------------- | ------------- | ------------------ |
| **ESI** | ₹15,000/month | ₹25,000/month | 1st September 2014 |
| **PF (Wages)** | ₹6,500/month | ₹15,000/month | 1st September 2014 |
So yes, the limits have been enhanced effective **from 1st September 2014**.
---
### 2. Minimum Number of Employees for Applicability
| Scheme | Minimum Employees Requirement |
| ------- | --------------------------------------------------------------------------------------------- |
| **ESI** | Establishment employing **10 or more employees** on any day during the previous calendar year |
| **PF** | Establishment employing **20 or more employees** on any day during the current year |
---
### 3. PF Deduction on Salary above ₹6,500 or ₹15,000?
* After the enhancement effective 1.9.2014, **PF applicability is on wages up to ₹15,000 per month**.
* This means that for employees earning up to ₹15,000/month, PF contribution is mandatory on actual wages (up to the ₹15,000 ceiling).
* Employees earning above ₹15,000 are exempt from mandatory PF contribution, but **voluntary contributions may be allowed**.
---
If you want, I can share official circulars or notification links for your records. Need those?
---
### 1. Enhanced Limits Applicability
| Scheme | Previous Limit | Revised Limit | Effective Date |
| -------------- | -------------- | ------------- | ------------------ |
| **ESI** | ₹15,000/month | ₹25,000/month | 1st September 2014 |
| **PF (Wages)** | ₹6,500/month | ₹15,000/month | 1st September 2014 |
So yes, the limits have been enhanced effective **from 1st September 2014**.
---
### 2. Minimum Number of Employees for Applicability
| Scheme | Minimum Employees Requirement |
| ------- | --------------------------------------------------------------------------------------------- |
| **ESI** | Establishment employing **10 or more employees** on any day during the previous calendar year |
| **PF** | Establishment employing **20 or more employees** on any day during the current year |
---
### 3. PF Deduction on Salary above ₹6,500 or ₹15,000?
* After the enhancement effective 1.9.2014, **PF applicability is on wages up to ₹15,000 per month**.
* This means that for employees earning up to ₹15,000/month, PF contribution is mandatory on actual wages (up to the ₹15,000 ceiling).
* Employees earning above ₹15,000 are exempt from mandatory PF contribution, but **voluntary contributions may be allowed**.
---
If you want, I can share official circulars or notification links for your records. Need those?
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
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Regarding appeal to GSTAT
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Value of property in capital gain
- Multiple trade mark
- Transporter Declaration form
- Copyright software
- TDS APPLICABILITY......
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
