Follow Our FB Page << CircleMedia.in >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...


What are the PF, EPF, ESI, PPF and how these can be
calculated ?

Answers were Sorted based on User's Feedback



What are the PF, EPF, ESI, PPF and how these can be calculated ?..

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

What are the PF, EPF, ESI, PPF and how these can be calculated ?..

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

Post New Answer

More Law AllOther Interview Questions

Why do ask we about child labour? why sould not we ask about child basic development? when we have education cess, why the amount not been ment for the development of child labour? when we have a system to eradicate child labour? Why that force is not child thier to put them in kind of bostal school? why the parent should not be punished for the child labour

0 Answers  


who are qualified members of a company and what are their right ?

1 Answers  


How is Excise Duty Calculated

0 Answers   TATA,


send me sample paper of law officer in bank pre test

0 Answers  


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?

1 Answers  






if my employees are having esic , then do i need to take workman compensation for them ? is it compulsory for me to take workman compensation even if having esic ?

0 Answers  


A invites B to a dinner party. B accepts the invitation. A made elaborate arrangements but B failed to

0 Answers  


To how much expect do you expect Counsel to do?

0 Answers  


My Gross salary was Rs.14500.00 in the month of Apr-12, And increment due in the month of April But somehow increment delays from management side and it was released in the month of May-12. Now my revised salary was Rs.17500.00, ESIC contribution deducts on Rs.17500.00 I.e. Rs.307.00 or it will be applicable on statutory salary limit of ESIC Rs.15000.00 I.e. Max ESIC contribution amount of Rs.263.00/Month. Please reply.

1 Answers   Baidu, Somany Ceramics,


whether societies comes under corporate or non corporate company?

0 Answers  


Would you be able to do time-recording?

0 Answers  


My father is a retired personfrom doordarshan kendrand lko. now working in contract with the samein average he is paid lee than 110,000 annualy but 10% tds isapplied on his total income Ican not understad it as he is senior citizen and apentioner also so it must not be done. then my question is how I am able to get back that deductions when retun the income tax file. thank you for advising me in this regard.

0 Answers  






Categories