ESI & PF on Bonus & Ex Gratia

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Please let me know whether there is liability to pay ESI & PF on the Bonus & Ex gratia. ?

 

Regards

CA Amit Goyal

 

Replies (1)

Hello.....   Mr. Amit

ESI & PF can not be calculated on Bonus & Ex gratia

As PF is calculated only on Basic & DA &

the ESI is calculated on the monthly gross. (bonus is an statutory payment which is paid annualy)

Regards

Vishal


CCI Pro

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