Please let me know whether there is liability to pay ESI & PF on the Bonus & Ex gratia. ?
Regards
CA Amit Goyal
Hello..... Mr. Amit
ESI & PF can not be calculated on Bonus & Ex gratia
As PF is calculated only on Basic & DA &
the ESI is calculated on the monthly gross. (bonus is an statutory payment which is paid annualy)
Vishal
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