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a) what are the rate of employees & company's contribution
for PF & ESIC?
b) what is the ceiling in case of ESI deductions?
c) what are the due dates for paying ESI/PF
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Answer Posted / viswanath malladi
P.F. Employee Contribution is 12% on Basic Wages
P.F. Employer Conbtribution is 12% on Basic Wages
Admn. Charges @ 1.61% on Basic Wages which should be borne
by Employer.
Altogether total P.F. contributions to be deposited will be
25.61% incl. Admn. Charges on Basic Wages and to be
deposited before 15th of suceeding month.
ESI will be applicable to all the employees whose gross
salary is Rs.10000/- below. Employee cont. is 1.75% and
Employer Cont. is 4.75% and the same to be deposited in ESI
before 15th of suceeding month
| Is This Answer Correct ? | 34 Yes | 11 No |
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