Got this problem , Kindly help me with a solution.The Pay slip is as under.Now supposing an employee has taken 15 days leave and has exhausted all leave ,what would be his PF and ESI deductions? should we take into account (for PF/ESI calculations) only the days that he has worked for or do we do the normal PF ESI calculations on the basic/Gross as applicable?
Earnings
Basic-Rs.5280
HRA-Rs.2640
Convy all-Rs.880
Gross-Rs.8800
Deductions
PF -?
ESI -?
Leave taken Rs.4620
Kindly revert asap
Thanx in advance
Paul Joshua
From India, Bangalore
Earnings
Basic-Rs.5280
HRA-Rs.2640
Convy all-Rs.880
Gross-Rs.8800
Deductions
PF -?
ESI -?
Leave taken Rs.4620
Kindly revert asap
Thanx in advance
Paul Joshua
From India, Bangalore
dear
pf and ESI will be deducted on earnings.if he has not got salary for few days as leave was not balace so ESI and pf will be deducted on earnings.
regards
js malik
QUOTE=pauljoshua_in;814311]Got this problem , Kindly help me with a solution.The Pay slip is as under.Now supposing an employee has taken 15 days leave and has exhausted all leave ,what would be his PF and ESI deductions? should we take into account (for PF/ESI calculations) only the days that he has worked for or do we do the normal PF ESI calculations on the basic/Gross as applicable?
Earnings
Basic-Rs.5280
HRA-Rs.2640
Convy all-Rs.880
Gross-Rs.8800
Deductions
PF -?
ESI -?
Leave taken Rs.4620
Kindly revert asap
Thanx in advance
Paul Joshua[/QUOTE]
From India, Delhi
167pf and ESI will be deducted on earnings.if he has not got salary for few days as leave was not balace so ESI and pf will be deducted on earnings.
regards
js malik
QUOTE=pauljoshua_in;814311]Got this problem , Kindly help me with a solution.The Pay slip is as under.Now supposing an employee has taken 15 days leave and has exhausted all leave ,what would be his PF and ESI deductions? should we take into account (for PF/ESI calculations) only the days that he has worked for or do we do the normal PF ESI calculations on the basic/Gross as applicable?
Earnings
Basic-Rs.5280
HRA-Rs.2640
Convy all-Rs.880
Gross-Rs.8800
Deductions
PF -?
ESI -?
Leave taken Rs.4620
Kindly revert asap
Thanx in advance
Paul Joshua[/QUOTE]
From India, Delhi
Thanx so much for that quick reply..... Jus another clarification with ref to the above point. So would it imply that the ESI and PF be deducted from only the days he has worked for ? Rgds, Paul
From India, Bangalore
From India, Bangalore
dear
absolutely right.ESI and PF will be deducted for only days worked for.
if he has not worked single day in a month than there will not be any earning in a month so there will not be any deduction towards ESI( and PF.
how can there be deduction without earning.
tegards
js malik
From India, Delhi
absolutely right.ESI and PF will be deducted for only days worked for.
if he has not worked single day in a month than there will not be any earning in a month so there will not be any deduction towards ESI( and PF.
how can there be deduction without earning.
tegards
js malik
From India, Delhi
Hi Malik,
If an employee is on loss of pay for a month ....( due to zero leave balance, and did not come to office for personal reasons ), PF will not be deducted as there is no earnings.
But what about employer contribution for that month.
The employee has not resigned but continued service the following month.
In this case how to inform the PF office that there was one month loss of pay? Is there any form?
Regard
Neelam
From India, Madras
If an employee is on loss of pay for a month ....( due to zero leave balance, and did not come to office for personal reasons ), PF will not be deducted as there is no earnings.
But what about employer contribution for that month.
The employee has not resigned but continued service the following month.
In this case how to inform the PF office that there was one month loss of pay? Is there any form?
Regard
Neelam
From India, Madras
dear
every year we are sending yearly return to PF dept in the form of 3A and 6A.
where complete monthly details are given of each employee.
when there is no earning employer shareo not to be paid.
regards
js malik
From India, Delhi
every year we are sending yearly return to PF dept in the form of 3A and 6A.
where complete monthly details are given of each employee.
when there is no earning employer shareo not to be paid.
regards
js malik
From India, Delhi
PF and ESI is deducted based on the earned wages only. Employer contribution is also based on the earnings only.
Dear Paul, Provident fund and ESI will be deducted on earnings. Whatever you are paying to the employee you just deduct PF and ESIC on that. Regards, Jagdish Pathak
From India, Gurgaon
From India, Gurgaon
Dear Paul,
PF is deducted on the gross earnings of Basic + DA of an employee for that particular month, where as ESI is deducted on total gross earnings of an employee for that particular month. you have to deduct salary only the days he is not attending the duties and not applied for the leaves for those days.
Regards,
Naidu
From India, Secunderabad
PF is deducted on the gross earnings of Basic + DA of an employee for that particular month, where as ESI is deducted on total gross earnings of an employee for that particular month. you have to deduct salary only the days he is not attending the duties and not applied for the leaves for those days.
Regards,
Naidu
From India, Secunderabad
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