09 March 2020
One of my Client has No of Employee above 20 ESI & EPF was applicable to Him, Now No of Employee falls below 10 Whether he may be withdraw from Compliance of ESI & EPF 2. I further want to know Whether Basic Salary will be taken For Calculation of EPF & ESI or It will have to Take Basic Salary Plus all allowances for Such Calcualtion
09 March 2020
If the fall is permanent then you may make an application to PF Commissioner to close PF reg to sustain the organisation from compliance burden..
For PF calculation , salary has limited scope, mostly it include basic+DA+Conveyance+Special allowance.But in practice most of the organisations use Basic salary only(Few org basic +DA)