Dear all, I am working for a Pvt Ltd. company and I am withdrawing Rs. 16,500 in hand. The only deduction shown in my payslip is for ESI, i.e., 1.73%. Is it really mandatory for PF deduction, or is it okay without it? I am planning to switch to another company, and I am a bit confused about the salary deduction portion. Please help guide me as soon as possible.
From India, Bhopal
From India, Bhopal
PF is for the emplyoees drawing upto 65oo.But those who are above can also avail the facility of pf,but it is not mandatory.ESI is for employees drawing 1500 total gross salary. regards, Amte v.
From India, Mumbai
From India, Mumbai
If Inder_4u has not become a member of PF in his present employment, he need not contribute to PF—assuming that his pay, including Basic/DA, etc., is more than Rs. 6,500. If his take-home pay is Rs. 16,500, perhaps he need not pay ESI either. If his pay has just been increased from < 15,000 to > 15,000, he will continue to pay ESI until the completion of the six-month contribution period.
Regards,
Srinivasan
From India, Madras
Regards,
Srinivasan
From India, Madras
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