Hi all,
I am working with a proprietorship firm. Are ESI and PF deductions not necessary for this kind of firm? What other deductions can I have in my salary per month? Please guide me.
Regards,
Abhishek
From India, Calcutta
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I am working with a proprietorship firm. Are ESI and PF deductions not necessary for this kind of firm? What other deductions can I have in my salary per month? Please guide me.
Regards,
Abhishek
From India, Calcutta
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Hi Abhishek,
For ESI & PF, there is nothing like proprietorship, partnership, or limited. The only criteria are the total strength, either 10 or 20, which is based on the nature of your business. What is the nature of your business?
The other deductions are PT, which differs from state to state, and TDS, which is based on the salary.
Cheers,
Jeeva
From India, Bangalore
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653For ESI & PF, there is nothing like proprietorship, partnership, or limited. The only criteria are the total strength, either 10 or 20, which is based on the nature of your business. What is the nature of your business?
The other deductions are PT, which differs from state to state, and TDS, which is based on the salary.
Cheers,
Jeeva
From India, Bangalore
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