on 09-20-2015 11:36 AM
Dear Experts,
Can any one please clarify my quires.
1) Is there any difference between GPF and PF , and what is GPF how it is differ from PF?
2)Is ESI applicable for central gove employees or not . If not applicable what what is the other benfits will they get.
3) And Professional TAx need to be deducted for central government employees or not
4) What is Grade pay in government sector
Looking forward to hear from you |
Thanks and Regards
Mohan
Hi,
1) GPF & PF : Both are savings & benefits plan (and applicable tax exemption under 80c) for employees but differs in applicability and % of contribution and body which maintains the fund. For GPF you can refer any govt web site.
2) ESI is a medical insurance benefit.
3) Professional tax - as per state govt rules (differs from state to state).
4) Grade pay - are you meaning minimum salary or pay band which is fixed for each grade or group of grades?
Suggested to refer Central govt web sites/policy manuals/rule books to get more clarification.
regards,
bala.
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