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Pf esi ptax calculation process

This query is : Resolved 

17 September 2013 Dear Sir,

I have interacted a problem that my organisation says that if salary of any month is held and released after three months then PF will calculated at the time of payment but i have seen that the return FORM-3A shows every month PF deduction.

so will it be on Accrual basis or payment basis? because EPS calculation is dependent on it.

is it same for the ESI and P.TAX ?

17 September 2013 Hi,

PF to be contributed month on month basis. Since salary was on hold & same was accrued to employee then PF liability arises on accrual basis & not on payment basis.

Thanks!!



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