PF AND ESI


15 December 2008 Dear Experts

How much rate of % PF and ESI,

15 December 2008 Provident Fund:(Employer & Employee)

Statutory rate of contribution is 12% of emoluments (basic wages, dearness allowance, cash value of food concession and retaining allowances if any,)

ESI:-

Employee: 1.75% on gross amount
Employer: 4.75% on gross amount + 1.1% on gross amount to be paid as contribution towards ESI by Employer.

15 December 2008 Provident Fund Scheme :

12% (Employee's)

Amount>8.33% (in case where contribution is 12% of 10%) 10% (in case of certain Establishments as per details given earlier)(Employer's)


Insurance Scheme: NIL(Employee's) 0.5% (Employer's) NIL (CG)


Pension Scheme: NIL (Employee's)

8.33%(Diverted out of Provident Fund) (Employer's)
1.16% (CG)


15 December 2008 ESIC :

Rate of contribution of the wages

Employer's 4.75%
Employee's 1.75%

18 December 2008 Thanks



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries