Salary Limit For Pf - Doc Download

kushalvj
Hi,
We are paying one of our employee a salary upto Rs. 10000, do we need to pay him PF and other benefit,, what is the ceiling for PF ? where can i find the details of all this
jigarkenia
no need to pay PF if ur showing basic more than 6500 but u have to pay for esic as the limit for esic is below 15000 of gross
ANIL PILLAI
Beginners in any profession should develop their learning and reading skills to understand matters pertaining to their profession, rather than putting questions across. This only will help them in shaping a strong base for career advancement.
Anil
geetha_darshan
Hello.,
Any Employee drawing Basic+DA is more than 6500(for ex 6501)the PFwill be Excemption.
Regards
Geetha
tankami
Hello,
As far as i know ESIC is applicable for those whose salary is less then 6500 and PF is Employer and employee share which is mandatory subject to co size should be more then 20 employees
Can any 1 correct me if i am wrong
Regards
Mitesh Tankaria
sameerabbasi
PF is applicable as per PF Act to any Employee having basic salary less than 6500 but if some one is receiving more than 6500 basic and he was covered in the PF so PF will be deducted upto bsic (i.e 6500).
ans ESI on Gross salary
rajunrajee
Dear Mr.Kushal Ji,
EPF ceiling limit is Rs.6500 (Basic +DA). If your employees are getting more Rs.6500 basic & DA then those employees are not applicable but you have to take Form11 (If you are registered in EPF) & you have to pay some administrative charges.
ESI ceiling limit is Rs.15000 (Gross Salary)
Regards,
Raju N.Girish,
8860225134
Zenara_HRD
Hi All,
Below all the attachment of PF Act & ESIC Act for your use.
Reg
Vinay Kumar
2 Attachment(s) [Login To View]

mayank_jaitley
Hello ,
Just to correct you Mitesh, ESIC is applicable for those whose salary is less then 15000/-.Deduction is as follows 1.75% from employee side, 4.75% from employer side , ESIC is on gross salary( all the deduction). And company also provide an ESIC card ( worked as a medical card for specific medical centers/dispensaries )
gadde.mba
Mr.Kushal,
EPF should pay on Minimum Wages ,just simple you cant take decision factor on Basic component.Recently Delhi high court clearly said splitting of minimum wage is not permissible under payment of EPF.
some companies takes advantage to avoid EPF ,showing Basic component more than Rs.6500/-but it is unlawful.
Please read EPF Wage Definition clearly you can understand.
Thanks,
Naresh
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute