Employer contribution PF ( Basic + VDA + DA) - 13.61%
Employer contribution ESI ( Gross Salary Except (Washing Allowance) - 4.75%
For further Query you can call me on 9909001742
Regards
Abhijeet Sawant
From India, Ahmadabad
8Employer contribution ESI ( Gross Salary Except (Washing Allowance) - 4.75%
For further Query you can call me on 9909001742
Regards
Abhijeet Sawant
From India, Ahmadabad
Hi Anitha,
As per the amendmet dated 22/9/1997,
Both the employee and the employer has to contribute to the PF @12%. But the employer has to contribute an extra of 1.61%. The break ups are.
employee employer
A/C No. 1 PF 12 3.67
A/C No. 2 PF admin a/c 1.10
A/c No. 10 EPS 8.33
A/c No.21 EDLIS a/c 0.50
A/c No.22 EDLIS admin a/c 0.01
____________________________________________
12 13.61
For ESI employee's contribution is 1.75% of the gross salary. the ceiling limit is Rs 10,000 gross salary. The employer contribution is 4.75% making a total of 6.5%.
Thanks,
Shreekanth.P.R
From India, Mumbai
As per the amendmet dated 22/9/1997,
Both the employee and the employer has to contribute to the PF @12%. But the employer has to contribute an extra of 1.61%. The break ups are.
employee employer
A/C No. 1 PF 12 3.67
A/C No. 2 PF admin a/c 1.10
A/c No. 10 EPS 8.33
A/c No.21 EDLIS a/c 0.50
A/c No.22 EDLIS admin a/c 0.01
____________________________________________
12 13.61
For ESI employee's contribution is 1.75% of the gross salary. the ceiling limit is Rs 10,000 gross salary. The employer contribution is 4.75% making a total of 6.5%.
Thanks,
Shreekanth.P.R
From India, Mumbai
Hi Anitha,
As per the amendment dated 22/9/1997,
Both the employee and the employer has to contribute to the PF @12%. But the employer has to contribute an extra of 1.61%. The break ups are.
employee employer
A/C No. 1 PF 12 3.67
A/C No. 2 PF admin a/c 1.10
A/c No. 10 EPS 8.33
A/c No.21 EDLIS a/c 0.50
A/c No.22 EDLIS admin a/c 0.01
____________________________________________
12 13.61
For ESI employee's contribution is 1.75% of the gross salary. the ceiling limit is Rs 10,000 gross salary. The employer contribution is 4.75% making a total of 6.5%.
Thanks,
Shreekanth.P.R
From India, Mumbai
As per the amendment dated 22/9/1997,
Both the employee and the employer has to contribute to the PF @12%. But the employer has to contribute an extra of 1.61%. The break ups are.
employee employer
A/C No. 1 PF 12 3.67
A/C No. 2 PF admin a/c 1.10
A/c No. 10 EPS 8.33
A/c No.21 EDLIS a/c 0.50
A/c No.22 EDLIS admin a/c 0.01
____________________________________________
12 13.61
For ESI employee's contribution is 1.75% of the gross salary. the ceiling limit is Rs 10,000 gross salary. The employer contribution is 4.75% making a total of 6.5%.
Thanks,
Shreekanth.P.R
From India, Mumbai
Hi Anitha, Only employee’s contribution will be deducted from the pay. Employer’s contribution alsong with the said admin charges will be paid by the company
From India, Bangalore
From India, Bangalore
1)for PF 12% from employer side & other administrative charges 1.10 & EDLI charges 0.50 & 0.001 2) Esi charges is 4.75% from employer side
From India, Ahmadabad
From India, Ahmadabad
Dear Anita,
ESI contribution is ment for only ensure and providing medical assistance for the employee and their dependent's health.
Either employee and employer contribution of ESI accumulation will not be availed at any cost. But yours and employer's ESI contribution would assist at the time of availing below mention benefit,
1. Medical Benefit
2. Disablement Benefit
3. Maternity Benefit
4. Sikness Benefit
5. Dependant Benefit
Thanks,
Vedha
From India, Madras
ESI contribution is ment for only ensure and providing medical assistance for the employee and their dependent's health.
Either employee and employer contribution of ESI accumulation will not be availed at any cost. But yours and employer's ESI contribution would assist at the time of availing below mention benefit,
1. Medical Benefit
2. Disablement Benefit
3. Maternity Benefit
4. Sikness Benefit
5. Dependant Benefit
Thanks,
Vedha
From India, Madras
Hi Anitha,
Esic is calculated on gross salary in that Employee contribution is 1.75% on Gross & Employer is 4.75% on Gross.
PF is calculated on Basic+DA
Employee contribution is 12%
Employer contribution is 13.61%
Bi- furcation of 13.61% is as follows,
12 =8.33% as pension fund.
=3.67% as provident fund.
1.61=Pf admin is 1.10%(calculated on Basic + DA)
=Edli 0.5%(calculated on(Basic + DA)Ex:if Basic + DA exceeds 6500 then we have to calculate on 6500 only the remaining will be entered in to provident fund
=Edli admin 0.01%
From India, Thana
Esic is calculated on gross salary in that Employee contribution is 1.75% on Gross & Employer is 4.75% on Gross.
PF is calculated on Basic+DA
Employee contribution is 12%
Employer contribution is 13.61%
Bi- furcation of 13.61% is as follows,
12 =8.33% as pension fund.
=3.67% as provident fund.
1.61=Pf admin is 1.10%(calculated on Basic + DA)
=Edli 0.5%(calculated on(Basic + DA)Ex:if Basic + DA exceeds 6500 then we have to calculate on 6500 only the remaining will be entered in to provident fund
=Edli admin 0.01%
From India, Thana
Hiiiiiiii, Great to know this information from you. Regarding ESI, those employees who get medical facilities & drawn more than 10,000 salary what is it called? Please help me.
From India, Mumbai
From India, Mumbai
hi all,
This is alpa. I have some query for PF and ESCI.
I have left one company i do now want to withdraw my PF amount. I want to know how much amount of PF also want to know about if i joined one new company then how would i get that amount?
what about ESIC amount i know?
Plz suggest me for the above.
I am fresher in HR filed I am studying PGDHRM from symbiosys university. Can I get HR job in company with my study.?
From India, Surat
This is alpa. I have some query for PF and ESCI.
I have left one company i do now want to withdraw my PF amount. I want to know how much amount of PF also want to know about if i joined one new company then how would i get that amount?
what about ESIC amount i know?
Plz suggest me for the above.
I am fresher in HR filed I am studying PGDHRM from symbiosys university. Can I get HR job in company with my study.?
From India, Surat
Dear Anita,
First of all i would like to correct one error in ur sentecnece that:
PF is calculated on Basic not on CTC
ESI is Calculated on Gross Salary
Now, lets take ur question that what is contribution of employer for PF and ESI :
PF Contri of Employer : 12 of Basic
ESI Contri of EMployer: 4.75% of Gross Salary.
Rgds
Bhagwan Tolani
Sr. HR. Cosmos Retail
Mumbai
+919784539090
From India, Mumbai
First of all i would like to correct one error in ur sentecnece that:
PF is calculated on Basic not on CTC
ESI is Calculated on Gross Salary
Now, lets take ur question that what is contribution of employer for PF and ESI :
PF Contri of Employer : 12 of Basic
ESI Contri of EMployer: 4.75% of Gross Salary.
Rgds
Bhagwan Tolani
Sr. HR. Cosmos Retail
Mumbai
+919784539090
From India, Mumbai
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PF & ESI.zip
Presentation PF&ESI.ppt
Exp.and esi pf mis format.xls