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Hello, If My Basic salary is 8000 and HRA is 5500.Then what Should be my Pf Deduction and Employer Contribution per month?Please help.
From India, Chennai
Considering BASIC + DA = Rs.8000.00
Employee’s Contribution towards A/C 1 is Rs.8000 X 12% = Rs.960.00
Employer’s Contribution towards A/C 1 is Rs.8000 X 3.67%= Rs. 293.60
Towards A/C 2 is Rs.8000 X 0.85%- Rs. 68.00
Towards A/C 10 is Rs. 8000 X 8.33%- Rs. 666.40
Towards A/C 21 is Rs. 8000 X 0.5%- Rs. 40.00
Towards A/C 22 is Rs. 8000 X 0.01%- Rs. 0.80
Moreover A/C 2 and 22 , the minimum balance has to be taken care by the Employer.

From India, Kolkata
Hi, can an employer restrict/ cap its PF contribution to Rs. 1800 per month (rS. 1800 per month from Employee + Rs. 1800per month by the employer) even though the basic pay of the employee is significantly high(over 1 lac per month) and the employee is also contributing towards Voluntary PF
From India, Delhi
Dear Seniors,
I want to know that Form no. 1(ESIC), 2(PF) & 11(PF declaration form) for employees is mandatory to submit in local PF office?
Because now a days employers are doing online registration of new employees & all the processes are shifted from manual to online so that I want that is this forms are compulsory to submit in Local PF / ESIC office.
Thanks & Regards,

From United States, Santa Clara
Dear All
As per latest amendment , the PF admin charges has been changed . So please follow this
A/c 1 EE (Employee Contribution) - 12%
A/c 1 ER (Employer Contribution) - 3.67%
A/c 2 (Administrative charges) - 0.65% with minimum of Rs.500
A/c 10 (Pension Fund) - 8.33%
A/c 21 (EDLI) - 0.5%
A/c 22 (Administrative charges for EDLI) - 0%
Total - 13.15% with minimum of Rs.500 for A/c2
EDLI Admin Charges (A/C # 22) for both Functional & Non Functional Establishments W.E.F 01-04-2017-No Sum is Payable/Nil (till 31-03-2017 @0.01% on EDLI Wages or Rs200/- which ever is higher).

From India, Kolkata

Attached Images
File Type: bmp Latest PF Admin charge calculation _01.04.2017 Soubhik.bmp (911.4 KB, 218 views)

Hi Prevy,
As of now, Form 1 (ESIC Nomination) you have to submit it to the local ESI office within 10 days of the appointment, for which you will receive an identification number which is related to the Scheme. Form 2 (PF) is mandatory to submit in the PF office before 25th of the month. A consolidated monthly Statement of the same can be submitted to a regional office every 25th day of month. For form 11 also as you register under EPF, you need to submit a declaration to the EPF office. Refer the article in case of any queries:

From India, Bengaluru
Hi Viveck,
Considering your Voluntary PF, the percentage of your contribution can vary from 12% to 88%. If you fall under this slab and looking into your basic and DA, Yes, you can restrict your PF to 1800/-.

From India, Bengaluru
Hi Soubhik, Can you create an excel sheet with formulas for convenience? Regards Sreejith
From India, Adilabad

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