sakthii Started The Discussion:
hai i need to know the interest rates of pf , esi and the maximum salary eligible to get the pf and esi.
4th October 2007 From India, Bangalore

Hi,
Interest rate was fixed at 8.5% per annum for the financial year 2006-2007 but for current year i.e. 2007-2008 it's yet to be fixed. If your employees are drawing salary above Rs. 10000 a month, they must be registered under ESI Act, 1948 and your employees whose Basic pay is less than or equal to Rs. 6500 p.m. they must be registered under EPF & MP Act. The basic pay is usually 45-50% of the Gross salary.
warm regards,
Umesh Chaudhary
(welcomeumesh@yahoo.com)
8th October 2007 From India, Delhi
Good Piece of Information,,, Thank You,,,
For More on that, Pls Click the following links,
http://www.citehr.com/download-list.php?query=PF
http://www.citehr.com/download-list.php?query=ESIC
Regards
M. Peer Mohamed Sardhar
093831 93832

8th October 2007 From India, Coimbatore
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