Pdf - provision of esic and pf

This query is : Resolved

sushil upadhyay (Querist)
Follow

13 January 2015 Dear sir

I want to know , what is provision for Esic an PF for conduction audit of Company.

Please reply ............

Regards,

Sushil Upadhyay

CA SONIYA AGARWAL

CA SONIYA AGARWAL (Expert)
Follow

13 January 2015 official website governing pf is http://www.epfindia.com/.Scheme Name Employee Employer
Employee provident fund 12% 3.67%
Employees’ Pension scheme 0 8.33%
Employees Deposit linked insurance 0 0.5%
EPF Administrative charges 0 1.1%
EDLIS Administrative charges 0 0.01%
% is calculated on basic salary + dearness allowance. due date of pf payment is within 15 days from the close of month.
official website governing esic is www.esic.in
employee’s contribution rate is 1.75% of the wages and that of employer’s is 4.75% of the wages paid/payable.
due date of ESI payment is within 21 days from the close of month.