Esi pf

jhonny (NA) (156 Points)

05 December 2012

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?

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4 Replies

@VaibhavJ (Believe!! Live your dreams!) (33516 Points)
Replied 05 December 2012

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.

Thanks//Vaibhav

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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..

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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....

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