Can you please provide a detailed calculation of how PF and ESI Contribution are calculated both for employee and employer?
From India, Coimbatore
1From India, Coimbatore
Hi,
PF will be deducted from Basic+DA
Employee Contribution = 12%
Employer Contribution = 12% (3.67% PF+ 8.33% Pension)
PF Admin Charges = 0.5%
EDLI Contribution = 0.5% (No Admin Charges)
Total = 25%.
ESI will be deducted from Gross Salary.
Employee Contribution = 0.75%
Employer Contribution = 3.25%
Total = 4%
From India, Bangalore
PF will be deducted from Basic+DA
Employee Contribution = 12%
Employer Contribution = 12% (3.67% PF+ 8.33% Pension)
PF Admin Charges = 0.5%
EDLI Contribution = 0.5% (No Admin Charges)
Total = 25%.
ESI will be deducted from Gross Salary.
Employee Contribution = 0.75%
Employer Contribution = 3.25%
Total = 4%
From India, Bangalore
What is the maximum PF and ESI amount that an Employer and Employee can contribute. Thanks in advance.
From India, Coimbatore
From India, Coimbatore
What an components are mandatory to be mentioned in Payslips. Thanks in advance.
From India, Coimbatore
From India, Coimbatore
ESI will be deducted from Gross Salary
Employee Contribution = 0.75%
Employer Contribution = 3.25%
Total = 4%
This gross salary on which ESI is calculated, should it include Night Shift Allowance and OT Allowance or any special allowance that is given to employees on regular monthly basis
From India, Coimbatore
Employee Contribution = 0.75%
Employer Contribution = 3.25%
Total = 4%
This gross salary on which ESI is calculated, should it include Night Shift Allowance and OT Allowance or any special allowance that is given to employees on regular monthly basis
From India, Coimbatore
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Salary Sheet & PF PT Calculation & Challan Nov 2010.xls