1. Provident Fund
Deduction : 12% from Employees on Earn (Basic+DA)
8.33% (pension fund)+diff (Employee Share- Pension fund) by employer , maximum pension not more than 541
apart from above employer have to pay administrative chages (1.61 % on total basic)
Salary Limit : 6500/- basic + DA
Submission: 12A , 5 , 10 (Monthly) , Reconciliation ,3A & 6A yearly
Payment Due date : 15 (i. e for March , 15 april)
Employees Share 1.75 %
Employer Share 4.75 %
Salary Limit . 15000/-(gross)
Submission : Form no Reg 5 half yearly(Apr to Sept and Oct to March)
Payment Due date : 21 (i. e for March , 21 April)
PF & ESIC Consultant
& LIC Agent
Found This Useful? +Vote Up This Page Via Google.
Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
Explore Topical Knowledge Areas
Topic Categories >> contract labour contract labour act employee share labour act Location-India-Madras minimum wage pension fund pf and esi provident fund Complete List Of Categories
Interesting Relevant Discussions