Hello everyone, greetings!
My query is regarding ESI & PF. Are both of these things mandatory for employees earning less than 15k per month? What about employees earning only 10k? If deductions for both ESI and PF are carried out, they might not be satisfied as they will receive less take-home salary.
Can anyone provide me with a document that clarifies payroll point by point, addressing my doubts? Please enlighten me; I am a beginner in payroll.
Thanks
My query is regarding ESI & PF. Are both of these things mandatory for employees earning less than 15k per month? What about employees earning only 10k? If deductions for both ESI and PF are carried out, they might not be satisfied as they will receive less take-home salary.
Can anyone provide me with a document that clarifies payroll point by point, addressing my doubts? Please enlighten me; I am a beginner in payroll.
Thanks