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

Member Opinions In This Discussion
M.Peer Mohamed Sardhar
India, Coimbatore
Welcomeumesh
India, Delhi
Human Resources Management
Sakthii
India, Bangalore
Fresher

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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