dear sinears i am a new in this field, please help me how to calculate PF,ESI& BASIC SALARY
From United States, Mountain View
From United States, Mountain View
Hi friend,
Please go through the link provided, which contains all posts by Octavious covering various aspects of HR functions.
URL: https://www.citehr.com/99968-major-hr-links.html
- Babu
From India, Madras
Please go through the link provided, which contains all posts by Octavious covering various aspects of HR functions.
URL: https://www.citehr.com/99968-major-hr-links.html
- Babu
From India, Madras
I never calculate the deductions but i could help you a little bit. PF: 12% of basic salary(depends on attendence) ESI: 1.75% of gross Gratuity: 4.81% of basic
From India, Delhi
From India, Delhi
I have the best solution to calculate the PF, ESI, and BASIC SALARY.
First of all, you have to resign from your job. Take your own time, learn all the concepts, and then join a new job.
Hehehehehehehehehe....................
From India, Hyderabad
First of all, you have to resign from your job. Take your own time, learn all the concepts, and then join a new job.
Hehehehehehehehehe....................
From India, Hyderabad
Mr. Tarak Kumar,
You must be careful while using English here. You have addressed "Seniors" as "sinears"; this means you seem to be very weak in English too. Forget about calculating the PF, ESI, its methodology, etc. Don't you think in the HR field one must have at least manageable English, if not be an orator? Please concentrate on these basic requirements.
Balaji
From India, Madras
You must be careful while using English here. You have addressed "Seniors" as "sinears"; this means you seem to be very weak in English too. Forget about calculating the PF, ESI, its methodology, etc. Don't you think in the HR field one must have at least manageable English, if not be an orator? Please concentrate on these basic requirements.
Balaji
From India, Madras
Find here with complete sheet of salary which you required. It contains, Salary, Overtime, Deduction, PF, ESIC, PROFESSIONAL TAX (GUJARAT SLAB), TDS. , NET SALARY
From India, Vadodara
From India, Vadodara
Dear Mr. Rupesh,
I have a small message:
10000 175 780 150
11000 193 780 150
12000 210 780 200
13000 228 780 200
14000 245 780 200
Actually, in which state are you working? In Karnataka state, the Professional Tax is up to Rs. 14,999 with a PT slab of Rs. 150 only. Above Rs. 15,000, it is fixed at Rs. 200.
Thank you
From India, Bangalore
I have a small message:
10000 175 780 150
11000 193 780 150
12000 210 780 200
13000 228 780 200
14000 245 780 200
Actually, in which state are you working? In Karnataka state, the Professional Tax is up to Rs. 14,999 with a PT slab of Rs. 150 only. Above Rs. 15,000, it is fixed at Rs. 200.
Thank you
From India, Bangalore
Mr. V. Balaji, typing mistakes are normal. If you are so intelligent to think that a typing mistake is a spelling mistake, you are welcome. I don't have anything to say about that because I can't offend your intelligence.
From India, Thiruvananthapuram
From India, Thiruvananthapuram
Mr. V. Balaji, typing mistakes are normal. If you think that a typing mistake is a spelling mistake, you are welcome. I don't have anything to say about that because I can't offend your intelligence.
From India, Thiruvananthapuram
From India, Thiruvananthapuram
Mr. Vaishak,
I am not here to find fault with someone, please understand. I also make a lot of typing mistakes while typing on the computer due to the clogging of fingers and keys. You can write "seniors" as "seeniors" or something by pressing the "e" button twice without noticing it. However, writing "seniors" as "sinears" is not merely a typographical error.
In our HR field, we are sometimes required to prepare a counter/rejoinder to be presented before a legal forum. Therefore, we must be very strong in English so that we can clearly articulate our views.
I am only encouraging people to develop these skills and nothing more, do you understand?
Balaji
From India, Madras
I am not here to find fault with someone, please understand. I also make a lot of typing mistakes while typing on the computer due to the clogging of fingers and keys. You can write "seniors" as "seeniors" or something by pressing the "e" button twice without noticing it. However, writing "seniors" as "sinears" is not merely a typographical error.
In our HR field, we are sometimes required to prepare a counter/rejoinder to be presented before a legal forum. Therefore, we must be very strong in English so that we can clearly articulate our views.
I am only encouraging people to develop these skills and nothing more, do you understand?
Balaji
From India, Madras
How Disgusting, if you are not able to solve our problem’s don’t interfered in dicussion.
From India, Ambala
From India, Ambala
Dear Tarak Kumar, Herewith attached the complete salary calculations in excel sheet, please go through the attachement it may help you. Thanks & Regards, Harish Kumar.K.S Mob: 9986839169
From India, Bangalore
From India, Bangalore
Hi everybody,
PF is always deducted on basic + d.a. at 12% for employees (P.F.) and 13.61% for employers, which includes 3.67% (P.F.), 1.1% admin charges, 8.33% pension scheme, 0.5% E.D.L.I., and 0.01% inspection charges. ESIC is applicable on gross expenses, including washing and conveyance allowances. For employees earning less than 15,000 INR per month, the employer contributes 1.75% while the employee contributes 4.75%. The basic pay should always be more than the minimum wages set by the state. Tax is deducted on the financial year earnings, and companies can choose to deduct it either once or monthly.
Regards
From India, Velluru
PF is always deducted on basic + d.a. at 12% for employees (P.F.) and 13.61% for employers, which includes 3.67% (P.F.), 1.1% admin charges, 8.33% pension scheme, 0.5% E.D.L.I., and 0.01% inspection charges. ESIC is applicable on gross expenses, including washing and conveyance allowances. For employees earning less than 15,000 INR per month, the employer contributes 1.75% while the employee contributes 4.75%. The basic pay should always be more than the minimum wages set by the state. Tax is deducted on the financial year earnings, and companies can choose to deduct it either once or monthly.
Regards
From India, Velluru
Well, I do not have any valuable inputs to share regarding the sender's issue, but I wish to put forth one matter which I hope would be worth sharing. You are free to support or criticize this opinion; I really do not mind.
No one in this world is perfect. The sender here may be weak in English vocabulary and may also need to touch upon the basics of HR and other aspects, but I think it is not fair to give such advice (especially by making fun) on this platform. It can be replied to through a private message too. Perhaps the sender might have joined CiteHR mainly to start from the basics or learn many other things. All of us are here to share and gain knowledge, right? So why not maintain decency and courtesy while posting on a discussion? I am sorry I should not be saying all these here at such a great length, but I felt it is necessary to be shared here.
Anyways, as far as the Basic salary, ESI, and PF matters that are discussed here are extremely useful. Thanks a lot for the valuable contribution. :)
From India, New Delhi
No one in this world is perfect. The sender here may be weak in English vocabulary and may also need to touch upon the basics of HR and other aspects, but I think it is not fair to give such advice (especially by making fun) on this platform. It can be replied to through a private message too. Perhaps the sender might have joined CiteHR mainly to start from the basics or learn many other things. All of us are here to share and gain knowledge, right? So why not maintain decency and courtesy while posting on a discussion? I am sorry I should not be saying all these here at such a great length, but I felt it is necessary to be shared here.
Anyways, as far as the Basic salary, ESI, and PF matters that are discussed here are extremely useful. Thanks a lot for the valuable contribution. :)
From India, New Delhi
Dear All,
I have just joined this useful site with many things to grab and explore on HR practices. I want to thank all the seniors and mentors who share their experience and learning on this open forum.
I work in an IT firm as a Senior Executive HR, handling onsite deputations and payroll. I look forward to sharing innovative ideas and helping to solve and discuss many things with all of you.
Regards,
Nams
From India, Delhi
I have just joined this useful site with many things to grab and explore on HR practices. I want to thank all the seniors and mentors who share their experience and learning on this open forum.
I work in an IT firm as a Senior Executive HR, handling onsite deputations and payroll. I look forward to sharing innovative ideas and helping to solve and discuss many things with all of you.
Regards,
Nams
From India, Delhi
Dear All,
Are there any government laws that specify the percentage of total gross salary for Basic, HRA, LTA, etc.? I mean, would I be breaking any laws if I have Basic+DA as 30% of Gross? (Obviously, this 30% would need to conform to the Minimum Wages Act). Say I have a breakdown as follows (All percentages of Gross Salary):
- Basic - 30%
- Conveyance - 10%
- Medical reimbursement - 10%
- Children's education allowance - 2%
- Leave travel allowance - 5%
- House rent allowance - 25%
- Attire allowance - 3%
- Special allowance - 15%
Does this fit within the "Law"?
Regards,
AJOSHI
From India, Pune
Are there any government laws that specify the percentage of total gross salary for Basic, HRA, LTA, etc.? I mean, would I be breaking any laws if I have Basic+DA as 30% of Gross? (Obviously, this 30% would need to conform to the Minimum Wages Act). Say I have a breakdown as follows (All percentages of Gross Salary):
- Basic - 30%
- Conveyance - 10%
- Medical reimbursement - 10%
- Children's education allowance - 2%
- Leave travel allowance - 5%
- House rent allowance - 25%
- Attire allowance - 3%
- Special allowance - 15%
Does this fit within the "Law"?
Regards,
AJOSHI
From India, Pune
Dear Sir,
I completed my PG in Public Personnel Management (PPM). Currently, I have been working as the DTP Section incharge since 1997 at ICFAI. I am interested in transitioning to a career in HR. Could you please advise me on the necessary steps to make this change?
Thank you.
From India, Hyderabad
I completed my PG in Public Personnel Management (PPM). Currently, I have been working as the DTP Section incharge since 1997 at ICFAI. I am interested in transitioning to a career in HR. Could you please advise me on the necessary steps to make this change?
Thank you.
From India, Hyderabad
Hi all,
I wanted to know how to calculate tax on the following. We have divided the employees into 2 categories: Consultants and PF.
Consultants are the employees earning below 15000, and we deduct only 10.33% of their salary every month. They don't have PF and PT.
For PF, it applies to people earning above 15000, and we calculate as follows:
- Basic (40% of GS)
- DA (20% of basic)
- HRA ((Basic + DA) * 40%)
- Medical Allowance 1250
- Conveyance 800
- Special Allowance
We have fixed deductions for PF at 780 and PT at 200.
Does this affect tax calculation, and is it correct?
Thank you.
From India, Hyderabad
I wanted to know how to calculate tax on the following. We have divided the employees into 2 categories: Consultants and PF.
Consultants are the employees earning below 15000, and we deduct only 10.33% of their salary every month. They don't have PF and PT.
For PF, it applies to people earning above 15000, and we calculate as follows:
- Basic (40% of GS)
- DA (20% of basic)
- HRA ((Basic + DA) * 40%)
- Medical Allowance 1250
- Conveyance 800
- Special Allowance
We have fixed deductions for PF at 780 and PT at 200.
Does this affect tax calculation, and is it correct?
Thank you.
From India, Hyderabad
I am new one to citehr. Can anyone provide me the details of salary breakup who works for a school according to the Uttar Pradesh government norms? Bijumon
From India, Varanasi
From India, Varanasi
HI dear all, How to prepare salary sheet monthly wise, could u pls give formula sheet. Regards, Shivananda VD
From India, Bangalore
From India, Bangalore
dear sinears i am a new in this field, please help me how to calculate PF,ESI& BASIC SALARY
From India, Tirupati
From India, Tirupati
Dear All,
We are HR professionals who provide end-to-end solutions. For any assistance with payroll, legal, or statutory requirements, please feel free to contact the undersigned. We offer customized payroll software that will help you perform your duties effectively.
Please refer us to your friends and colleagues.
Regards,
SHAILESH SAWANT
Email: hrdshailesh@gmail.com
Phone: 98207 31162
From India, Mumbai
We are HR professionals who provide end-to-end solutions. For any assistance with payroll, legal, or statutory requirements, please feel free to contact the undersigned. We offer customized payroll software that will help you perform your duties effectively.
Please refer us to your friends and colleagues.
Regards,
SHAILESH SAWANT
Email: hrdshailesh@gmail.com
Phone: 98207 31162
From India, Mumbai
Dear Mr.Tarak Dont get disappointed with others comments on your command over English. Basic mentality of our Indians ranges in pointing mistakes over others rather than pointing themselves.
From India, Hyderabad
From India, Hyderabad
Respected Sir, I am new in HR plz tell me where is hr training center in chandigarh, which give me all type of training related esi epf payroll practicaly, regards gaurav mehta
From India
From India
IDIOT, Nasty Fellow Heeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee. How is it?????????????????????????
From India, Hyderabad
From India, Hyderabad
Dear Dhurvi Shah,
Basic salary means Basic + DA, which we have to pay as per the minimum wages act applicable to our industry and state.
HRA is 5% on Basic + DA as per the Maharashtra House Rent Act, and other states follow their guidelines.
You have to pay a minimum of Rs. 780 towards PF if you are paying any allowances on payroll. If you are paying less than Rs. 780 to PF and you are paying some amount through allowances via payroll, it will attract the PF. To know more, please take our help to regularize your payroll.
Secondly, how can a person be on retainer ship for less than Rs. 15,000? We engage consultants on retainer ship who are qualified and specialized in their field. Therefore, please look into this. We cannot engage peons or computer operators as consultants.
Please contact me if you need help and to avoid future mishaps. We work on a tailor-made package.
Regards,
Shailesh Sawant
98207 31162
From India, Mumbai
Basic salary means Basic + DA, which we have to pay as per the minimum wages act applicable to our industry and state.
HRA is 5% on Basic + DA as per the Maharashtra House Rent Act, and other states follow their guidelines.
You have to pay a minimum of Rs. 780 towards PF if you are paying any allowances on payroll. If you are paying less than Rs. 780 to PF and you are paying some amount through allowances via payroll, it will attract the PF. To know more, please take our help to regularize your payroll.
Secondly, how can a person be on retainer ship for less than Rs. 15,000? We engage consultants on retainer ship who are qualified and specialized in their field. Therefore, please look into this. We cannot engage peons or computer operators as consultants.
Please contact me if you need help and to avoid future mishaps. We work on a tailor-made package.
Regards,
Shailesh Sawant
98207 31162
From India, Mumbai
Dear all,
I want to improve my email writing. Generally, I use language that is good enough, but sometimes it lacks strength and effectiveness in conveying my points clearly to the readers. Dear all seniors, could you please help me express my points with more emotion? I truly want to make sure that my message is understood by the recipient.
Thank you.
From India, Bhopal
I want to improve my email writing. Generally, I use language that is good enough, but sometimes it lacks strength and effectiveness in conveying my points clearly to the readers. Dear all seniors, could you please help me express my points with more emotion? I truly want to make sure that my message is understood by the recipient.
Thank you.
From India, Bhopal
Greetings to everyone!
Respected Sir/Madam,
I am a fresher. Could you all do me a favor? How do I process payroll? What are the components of a salary slip, with examples and calculations? I am expecting favorable responses. Thanks to all in advance.
Thank you,
Regards,
Gowri Shankar J.
From India, Bangalore
Respected Sir/Madam,
I am a fresher. Could you all do me a favor? How do I process payroll? What are the components of a salary slip, with examples and calculations? I am expecting favorable responses. Thanks to all in advance.
Thank you,
Regards,
Gowri Shankar J.
From India, Bangalore
Hii kumar Pf is calculated of 12% on the basic salary. ESI is calculated of 1.75 on the basic salary. I Think It will help to you.... Regards Ashok vardhan koka
From India, Mumbai
From India, Mumbai
Hii All, I have a doubt that if a person is getting 2 lakh per annum in CTC. Then what should be the PF amount in his CTC? can anybody how to calculate it? With regards Siba
From India, Patna
From India, Patna
Is Esi deduction will applicable under gross salary of 21000/- per month instead of 15000/-
From India, Delhi
From India, Delhi
Hi everyone,
My name is Abhishek, and I am from Delhi. Currently, I work as an AM HR in an automobile dealership company. I have recently been offered an opportunity to work as a Manager HR in a manufacturing company. I am seeking advice on the key points I should focus on to prepare myself and enhance my skills for this managerial role.
Thank you for your guidance and support.
From India, Delhi
My name is Abhishek, and I am from Delhi. Currently, I work as an AM HR in an automobile dealership company. I have recently been offered an opportunity to work as a Manager HR in a manufacturing company. I am seeking advice on the key points I should focus on to prepare myself and enhance my skills for this managerial role.
Thank you for your guidance and support.
From India, Delhi
I agreed to Mr. vaisakhvc that It can be typing mistake. And this type comment on fresher is not manners.
From India, Mumbai
From India, Mumbai
Hi Everyone,
I need to know about gratuity calculation in the simplest way. Is there any specific criteria applicable to its calculation? I have gone through many links, but I am still unclear about the concept. I have never done gratuity calculation in my professional career so far. I want to know exactly how we calculate it.
Thanks
From India, New Delhi
I need to know about gratuity calculation in the simplest way. Is there any specific criteria applicable to its calculation? I have gone through many links, but I am still unclear about the concept. I have never done gratuity calculation in my professional career so far. I want to know exactly how we calculate it.
Thanks
From India, New Delhi
Hi,
I received an offer letter from the IT company stating that there will be a training allowance of 15k for 3 months, followed by a monthly salary of 30k. Could you please inform me about the net salary per month after deductions for PF, ESI, gratuity, and bonus? I would appreciate detailed calculations.
Thank you.
From India, Hyderabad
I received an offer letter from the IT company stating that there will be a training allowance of 15k for 3 months, followed by a monthly salary of 30k. Could you please inform me about the net salary per month after deductions for PF, ESI, gratuity, and bonus? I would appreciate detailed calculations.
Thank you.
From India, Hyderabad
Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.