Pf And Esi Confusions

Thanks very much for the response, could you please also clarify how the DA is defined. will other allowances qualify as DA? in our organisation we are following the above mentioned structure.

Ravi ji,
Other allowances cannot be considered as DA. DA is included in Govt. e.ees’ salary to compensate changes in cost of living. It is calculated as a percentage on avg of all india consumer price index which the Pay commission announces twice a year say 1st Jan and 1st July. Since the % is fluctuating and keeps increasing I think, Pvt sector e.ers don’t prefer including this in pay structure.
Request Seniors/Experts to correct me if am wrong. Thank You.

Dear all,
Is pf withdrawal possible if only deducted for 3 months only ???
pls help

Hello All,
I want to know that If an establishment start on 2012 with the workforce of 100 Head count and that establishment had not registered itself to PF , now 2014 that establishment want to complete the PF compliance then what is the procedure .....
Please suggest me ...
regards
Shubhlash

Sir,
1. The establishment is coverable w.e.f. the date it employed 20 or more persons for wages and the principal employer will be required to make the compliance from said date of coverage.
2. For completing formalities of coverage under EPF, you may please contact the nearest office of EPFO or ascertain online procedure for such registeration.

Dear Garima,
Suppose “ Mr. X” was joined at your company on 1st March’2014 and his gross salary is 16,000/- per month for 30 days including 4 weekly off (Sunday), and he has took leave for 4 days (CL) on 15th October’ 2014 then you have to required approved, and salary will be calculate on present days 26 + leave days 4 = 30 days, that means 4 leave also paid by company because he has eligible for 4 days leave with salary under shops & establishment act he has earned 6.67 days CL and 9.33 days PL till date, and his PF deduction on Basic+DA maximum Rs. 15,000/- and he is not eligible for esic because his salary more than Rs. 15001/-, because as per esic rules you can deducted esic upto 15000/- maximum.
Your 3rd Ans: if you employed an employee with CTC then you can deduct both side share from Employee.
if you can not understand then you can communicate with me through my mail ID
Thanks & Regards
Ashish Shaw
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