ESI deduction and PF deduction for Statutory Compliance

ESI deduction and PF deduction for Statutory Compliance

Statutory Compliance Requirement for ESI Deduction The statutory compliance requirement for ESI deduction is as follows: ESI fund, maintained by ESIC,  is applicable to employees earning Rs 15,000 or less per month to provide the cash and medical benefits to them and their families. This fund is a contributory fund in which both the employer […]