Dear All,
Thanks alot for your valuable reply.
Also please clarify that any one getting salary less than Rs. 10000/- we deduct the ESI from their salary. incase he getting the salary more than Rs. 10000/- (along with OT) any compulsion to pay the ESI. (sometimes the OT amount will vary every month.)
Please clarify in this........
Regards,
Mathangi .S
From India, Madras
Thanks alot for your valuable reply.
Also please clarify that any one getting salary less than Rs. 10000/- we deduct the ESI from their salary. incase he getting the salary more than Rs. 10000/- (along with OT) any compulsion to pay the ESI. (sometimes the OT amount will vary every month.)
Please clarify in this........
Regards,
Mathangi .S
From India, Madras
I do not agree with the above suggestion. As per the provisions of Sec. 6 of PF Act, it is leviable on Basic wages, Dearness Allowance and Retaining Allowance. Basic wage is defined under section 2(b) of the PF Act. According to that one , basic wage means all emoluments which are earned by an employee while on duty or on leave with wages but does not include house rent allowance, overtime allowance , bonus, commission or any other similar allowance payable to an employee. Hence all the allowances are not exempted. Now a days the PF Inspectiors are insisting contributions on conveyance allowance, washing allowance and special allowances also. Plz check up with the enforcement Officer on the above point.
From India, Hyderabad
14From India, Hyderabad
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PF & ESI.zip
Presentation PF&ESI.ppt
Exp.and esi pf mis format.xls