PF, PT, ESI related FAQS
Profession Tax (PT) might not be getting calculated for employees under below mentioned 5 scenarios: 1. Incorrect date of birth – PT is not applicable ...
Mon, 19 Dec, 2016 at 4:26 PM
This can be done in two ways: 1. During Bulk Import of New Employees (for New Joinees) a. Go to Employees >> Ensure “Master” tab is selected b. ...
Mon, 19 Dec, 2016 at 4:32 PM
PT is computed not on worked days, but on Location / State and the Gross Monthly Earnings of the Employee. And this PT deduction depends on different s...
Mon, 19 Dec, 2016 at 4:48 PM
PF rule to restrict the Ceiling Limit Ceiling Limit to make it applicable to all employees Restrict Ceiling Limit to selected employees PF rule to restr...
Mon, 13 Aug, 2018 at 4:10 PM
Please follow the below path to create the VPF component. To create this component, please go to Settings >> Salary components >> click “New” ...
Mon, 13 Nov, 2017 at 12:11 PM
Step: 1 How to activate the PF and ESI component Please refer the below-mentioned path to activate the component Go to Payroll settings >>Select...
Thu, 22 Aug, 2019 at 11:01 AM
Employee State insurance Rate Change Background With effect from 1st July 2019, the ESI rates have been reduced to 4% from the earlier 6.5%. (Empl...
Mon, 22 Jul, 2019 at 2:35 PM
The Supreme Court of India, on Feb 28th, 2019 passed an important judgement on the definition of 'basic wages' for the purposes of calculating Provi...
Fri, 6 Sep, 2019 at 2:28 PM
During the COVID19 pandemic, as part of relief measures announced by the Government for both Employers and Employees, Employee's Provident Fund (EPF) co...
Wed, 19 Aug, 2020 at 3:40 PM