06 September 2023
Hi, Kindly light on following given case study... If all employee's salary not paid by company in one shot, for particular month some employees (it paid in phases ) or salary paid on amount wise i.e in 1st week of month salary paid 20 employee's and next week paid 15 employee's etc. How can be EFP filled in these situation kindly guide please.
20 January 2024
You have to create monthly accruals for the EPF/ESIC liability and these needs to be paid by 15th of the next month even salary payments can be made in a phased manner as per situations.
CAclubindia
