Harsh Kumar Mehta
Consultant In Labour Laws/hr
Senior Executive Operations Industrial Relation,
actually u gave the appropriate info about the pf n damages but plz can u explain me more about why we r taking 2 times the ESI,initially by 1.75%& then by 4.75%.
my email id is
9th September 2009 From India, Delhi
It is indeed a great help, infact always look for information which given more indepth knowledge on any kind of calculations and analysis.
Indeed a great help.
Thanks n Regards
Can you alos provide info on calculating interest on PF?
18th September 2009 From United Kingdom
i am having one query. for PF calculation what is rule for employee & employer contribution . how we do is- 12% on basic or 780 which ever is less. is it correct. our co. falls under factory act. & is loacted in Maharastra , pune. so our consultant is advicing to calculate in this fashion.
16th May 2010 From India, Pune
Regarding PF Contribution -Employer should pay 12% of Basic salary, in which 8.33% will goes to Pension Scheme balance 3.67 will goes to PF & 1.61 is admin charges i.e total employers contri is 13.61%.
While calculating the Pension Scheme employer should pay 8.33% of basic (limit is upto Rs.6500/ ie Rs.541/-) not more than that rest will goes to PF.
say for eg. if the employees is getting Basic salary of Rs.8000/- Rs.541/-(8.33%) will goes to pension scheme and Rs.419/- will goes to PF, however employer has to contribute 12% of basic, whatever be the amount.
Regarding Employee Contirbution of 12% from basic is unavoidable as per the PF act.
1) If the employee's basic increases beyond Rs.6500/- then the employer have to contribute the minimum amount of Rs.780/-. It is mandatory.
2) On hiring if the basic exceeds 6500/- the PF amount of 780/- has to be deducted if he is aleady a member of PF. Else not required.
3) If the employee joins in the consultant mode then PF does not have to be deducted.
Thanks & Regards...
19th May 2010 From India, Nasik
I work for a pvt company, I was awfully shocked that pyt of ESI was not paid. from 2007 to 2009. for eg: if the person drew a sal of CTC - 15000 how do you calculate damages and interest for ESI from the above period.
Can this excel sheet calculate single person damges and interests.
19th May 2010 From India, Kochi
you mentioned ESI Wages Rs. 22,000/_ and calculated 1.75% & 4.75% on Rs. 22,000/_ but i think more than Rs. 15,000/_ there is no need to deposit either of employee contribution of 1.75% and employer's contribution @4.75%.
30th July 2013 From India, New Delhi
Thank you for your information.
We have contractor wherein only 7 workers are employed by them. The contractor works only for us.
Are they covered under ESI ACT. We have around 70 employees in payroll.
Kindly advice pl.
31st October 2016 From India, Madras
31st October 2016 From India, Noida