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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

Answer Posted / vinay kumar kharbanda

Basic Ceiling is Rs.6500/- for PF i.e.higher basic salary
will not be considered.
PF contribution by Employee is @ 12% of Basic salary
PF contribution by Employer is @ 12% of Basic Salary
Admin.Charges @ 1.61% of Basic salary payable by Employer
i.e. total contribution by employer is 13.61%+ employees
contribution portion payable upto 15th of following month.
Basic ceiling is Rs.10000/-gross excess earner will be
exempted.
ESI contribution by Employee is@ 1.75% of gross earning.
ESI contribution by Employer is @ 4.75% of gross earning of
employees payable before 21st of next month of salary.

Is This Answer Correct ?    23 Yes 7 No



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