About epf

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 July 2013 i want to know all about epf & esic with example?
like contribution of employee towards epf & esic
contribution of employer towards epf & esic
on which it is applied?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

21 July 2013 EPF apply on basic salary plus DA( if part of retirement benefits)

Employee contribution to PF is 12%
Employer contribution to PF is 3.67%
Employer contribution to Pension fund 8.67%

ESI apply when the employer gross salary below Rs.15000

Employer contribution is 4.75% on gross salary

Employee contribution is 1.75% on gross salary