We are a domestic BPO based out of Hyderabad with a very high turnover. Kindly advise whether the employer can make payments on account of PF and ESI (both employee and employer contributions) without recovery from the employees. I would be thankful for a review and advice.
From India, Bangalore
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From India, Bangalore
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No, it's not possible. If any employee is drawing basic+DA less than 15000/-, then it's mandatory. Even if above 15000/-, it's mandatory if the employee is already an EPF member in the same organization or other organizations.
From India, Bangalore
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653From India, Bangalore
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Employer-PF-res trict to wages of Rs 6500.pdf
PF ESIC.xls