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hi guys, can you throw some light on whether pf an...
# compensation-and-benefits
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pinky basak
06/16/2023, 11:33 AM
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.
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Wristy
06/16/2023, 1:07 PM
PF and ESI are currently not applicable on incentives.
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Sai Venkata Vinay Chittuluru
06/16/2023, 1:54 PM
Is tax applicable for incentives?
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Wristy
06/16/2023, 3:22 PM
Yes.
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Karthik Ingarsal
06/17/2023, 5:13 AM
any incentive, bonus, allowance, perks provided over and above your gross salary is taxable.
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