Thursday, 8 February 2018

AP EPF/ESI deductions Release of Employee Share of EPF/ESI amount to Individual account as per Memo 5.

AP SSA Contractual Services Admissibility of EPF & ESI deductions Release of Employee Share of EPF & ESI amount to Individual account of the EPF & ESI deductions Release of Employee Share of EPF Employee scheam @ 12% & Employer share @ 13.61% and ESI ( Employee share 1.75% & Employer scheam (41 4.75%) amount from the Honorarium of the Contractual Employees of A.P Employee as per Circular Memo No 05/FI/APSSA/2014 Date: 02.2018.
It was came to know that the Project Officers of SSA have deducted EPF (Employee sham @ 12% & Employer share @ 13.61%) and ESI ( Employee share cr 1.75% & Employer share @ 4.75%) amount from the Honorarium of the Contractual Employees of A.P SSA from the months of August 2017 to till date and the amount so deducted is kept aside without remitting into individual accounts maintained by the respective organizations due to lack of Govt instructions in this regard.








Therefore all the Project officers are directed to remit the Employee share of EPF (12%) and ESI (1.75%) amount to the respective Employees individual account without any delay. It is also informed that there is no obligation to deduct any EPF and ESI amount from the honorarium of the contract employees.


The remittance of the Employee share of EPF (12%) and ESI (1.75%) amount to the respective Employees should be intimated to the undersigned with immediate effect.







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