Hello everyone! we are beginning the process of implementing EPF and ESI in our organization and it is proving to be a tad bit confusing for us. Would be very helpful if you could share the process and % of contribution from both employee and employer and how the same is calculated. TIA :)

Hi @Sharon Alfred in case of PF if an employee has not been part of PF contribution and his basic is above 15k than he can fill in form 11 to opt out. in ESIC it is applicable to all employees whose wages do not exceed 21K per month. the employee share is 1% and employer share id 4% in total 5% https://cleartax.in/s/esic

Thank you @Karthik I. Just a few more questions can I DM you?

sure