What are the PF, EPF, ESI, PPF and how these can be
calculated ?
- 2 Answers
- 41305 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / radha muralidhar
EPF/PF :Employee Provident Fund( provident fund ) is a
retirement benefit scheme that is available to salaried
employees.Stipulated amount (currently 12%) is deducted
from the employee's salary and contributed towards the fund.
The employer also contributes an equal amount to the fund.
PPF :The Public Provident Fund has been established by the
central government. You can voluntarily decide to open
one.The minimum amount to be deposited in this account is
Rs 500 per year. The maximum amount you can deposit every
year is Rs 70,000.
ESI: Is calculated on employees GROSS salary its also
includes Incentives & NFH (National Festival Holidays &
other Allowanes.Both Employer ( 4.75%) & Employee (1.75%)
Must contribute ESI Pay on Employee Gross Salary
| Is This Answer Correct ? | 119 Yes | 19 No |
Answer / bishnu prasad dash
EPF/PF :Employee Provident Fund( provident fund ) is a
retirement benefit scheme that is available to salaried
employees.Stipulated amount (currently 12%) is deducted
from the employee's salary and contributed towards the fund.
The employer also contributes an equal amount to the fund.
PPF :The Public Provident Fund has been established by the
central government. You can voluntarily decide to open
one.The minimum amount to be deposited in this account is
Rs 500 per year. The maximum amount you can deposit every
year is Rs 70,000.
ESI: Is calculated on employees GROSS salary its also
includes Incentives & NFH (National Festival Holidays &
other Allowanes.Both Employer ( 4.75%) & Employee (1.75%)
Must contribute ESI Pay on Employee Gross Salary
| Is This Answer Correct ? | 23 Yes | 9 No |
why did you choose self employmemy than employment ?
How can I find out information about a pending case?
who has to get license under central excise for Excise Duty on Branded Articles of jewellary,chapter sub heading 7113, classifiable in union budget 2011-12.
what is your proofreading experience?
It's raining and have forgotten your umbrella, so you shelter in an unlocked car. Are you guilty of the offence of allowing yourself to be carried in a conveyance without the owner's consent?
TRANSACTION BETWEEN COUNTRIES(ie purchase from singapre and directly selling to other sitting in india) whether possible?
Name the Types of Guarantee
What is the maximum limit as per Payment of Gratuity Act 1972
5 Answers Coromandel Fertilisers,
jude's son is lawyer,but lawyer father is police. then who is judge?
Would you trade your scarf for my bike, even if you have no idea what state it's in or if I even have one?
Which laws could we introduce to curb the obesity epidemic?
In calculation of gratuity, no of years of service:? if an employee worked for 3 year in one unit of the company and 2 year in abroad under the same company, and finally retrun back to india, he resigned. what is the number of years in service.? please reply me?
-
Law AllOther (806)
