The basic limit prescribed for deduction of Employee State Insurance (ESI) by Employees State Insurance Corporation (ESIC) is Rs 21000 and the limit for deduction of Provident Fund (PF) as prescribed by the Employees Provident Fund Organisation (EPFO) is Rs 15,000, which means that if an employee's salary is less than the limit prescribed then he has to contribute in the PF/ESI scheme as applicable.
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|Asked: 12/15/18, 4:26 AM|
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|Last updated: 2/2/19, 1:22 AM|