hi guys, can you throw some light on whether pf an...
# compensation-and-benefits
p
hi guys, can you throw some light on whether pf and esi are applicable on incentives or not? Pls mention the sections in the act.
w
PF and ESI are currently not applicable on incentives.
s
Is tax applicable for incentives?
w
Yes.
k
any incentive, bonus, allowance, perks provided over and above your gross salary is taxable.
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