Due Date Of Depositing Epf

TARUN373B
dear sir may u tell me the due date for depositing epf amount. is the due date 15 or 20 of next month
malikjs
dear
due date for depositing PF is 15 th of next month.however 5 days grace is allowed by
PF authorities.but you should not avail that grace because if PF will be deposited after 15 th than company will not get exemtion of income tax on PF amount.
regards
j s malik
TARUN373B
thanx for the information sir. i want to know also the ceiling amount of wages regarding pf & esi & due date of esi payment
malikjs
dear
ESI to be deposited 21st of next month.
PF deduction is mandatory if basic+DA is less than 6500 per month at the time of joining.
where as ESI to be deducted if gross salary is less than 10k
regards
j s malik
sepl
DEar Sir,
I have a doubt . PF is not mandatory for Basic + DA mpore than 6500/- please clarify.
Regards,
Ranjini
SASHMITA
Sorry for barging in!!
If employee has basic more than 6500/- he may/ may not opt for pf.
Note that it should be at the time of joining only.
Regards,
Sashmita
globaloverseas144
Dear Ranjini,
Please note that PF/ESI is applicable on:
ESI: Gross Salary 10000 or less
PF : Basic+DA 6500 or less
If gross salary is more than 10000 then ESI is not applicable
and Basic+DA is more than 6500 then PF is not applicable.
Best Regards
Sajid Ansari-Delhi
HSINGH
Dear Malik ji
Hope you must be remembering my last mail to you
wherein I had requested you to kindly guide me how
to get exemption on PF contribution which Authorities
are forcing to pay us on OT Wages. As i said earlier PF
Authorities are framing us u/s 7A for Evasion of wages
for the OT payment we had made to our employees.
Or may be if I have skipped your reply, then pl. send me
the reply on my email address contact.harminder@gmail .com
Regards
Harminder
Krishna Kumar Pandey
Dear all,
As per my knowldge on PF and ESi.....
yes PF is mandatory when the Basic + DA is Rs 6500/- and it is not mandatory when it is more than 6500 but certain process to followed like a declaration need to be taken during the time of joining in Form 11.
Overtime term in PF - need to check on this but as fas I know overtime is not computed for PF calculation.
ESI - tes if it is 10,001 then there is no ESI
Please advice If I wnt wrong in any aspects.
Thanks
rajasekaranmk
Dear Friends,
Provident Fund:
B + Da & Food allowances also considered in the perview of PF act. Less than 6500/- pm.
Remittance should be made 15th of preceeding month.
E.S.I.:
Gross payment excluded of Washing Expenses. Less than 10000/- pm. Remittance should be made 21st of preceeding month.
Rajasekaran.MK.
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