Dear friends
A company has more than 20 employees and the salary payable to them is 20000.Whether the provisions of PF and ESI applicable to the said company?
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 05 December 2012
Hi
No PF, if Basic & DA is more than 6500 for all 20 employees & NO ESIC if Gross is more than 15000 for all 20 employees.
If more than 20 employees having less than 6500 basic & da them PF is applicable & for ESIC gross Salary limit is Rs. 15000.
jhonny
(NA)
(156 Points)
Replied 05 December 2012
Dear Vaibhav,
Suppose in the above case if 5 employees are having wages below the limit (say 4500) whether PF/ESI applicable for all the employees?
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 05 December 2012
Nope, to make it eligible theer should be atleast 20 such employees..
Sandesh Suralikerimath
(Accounts Executive)
(26 Points)
Replied 28 May 2013
Hi...
Please suggest me a book to study and understand PF and ESI Act it should contain act, rules and related forms also....
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
