Ashok Vardhan Koka
Ir & Hr
Asst Manager Hr
Searching For A Job In Hr
MANOJ S KUMAR
27th January 2011 From India, Delhi
PF calculate on the Basic
12% for Employee Share for PF
8.33% for Employee Share as Family Pension Fund
3.67% for Employer Share for EPF
ESIC Calculate on the Gross Salary upto 15,000/- Per Month (maximum)
1.75% For Employee Share on the Gross Salary
4.75% For Employer Share on the Gross Salary
I Think It will help to you.
27th January 2011 From India, New Delhi
You must be careful while using English here. You have addressed "Seniors" as "sinears", this means you seem to be very weak in English too.
Forget about calculating the PF, ESI, its methodology, etc. Don't you think in HR field one must be having atleast manageable English, if not an orator.
Please concentrate on these basic requirements.
28th January 2011 From India, Madras
10000 175 780 150
11000 193 780 150
12000 210 780 200
13000 228 780 200
14000 245 780 200
actualy which state are you working, in this case in karnataka state Professional Tax upto rs.14999 PT slab Rs 150 only above 15000k Rs.200 fixed.
28th January 2011 From India, Bangalore
28th January 2011 From India, Thiruvananthapuram
I am not here to find fault with someone, please understand. I also do typing a lot of mistakes while typing on the computer due to clogging of fingers and keys.
You can write seniors as seeniors or something by pressing "e" button twice without noticing it. But, writing seniors as "sinears" is not something I felt a typographical error.
In our HR field, we are required to sometimes prepare counter / rejoinder to be presented before legal forum. Therefore we guys must be very very strong in English, so that we can putforth our views crystal clear.
I am only telling people to develop those skills and nothing more, you understand?
28th January 2011 From India, Madras
28th January 2011 From India, Velluru
No one in this world is perfect. The sender here may be weak in English vocabulary and also may need to touch upon basics of HR and other aspects, but I think it is not fair to give such an advice (specially by making fun) on this platform. It can be replied through a private message too. Perhaps the sender might have joined CiteHR mainly to start from the basics or learn many other things. Everyone of us are here to share and gain knowledge right? So why not maintain decency and courtesy while posting on a discussion? I am sorry I should not be saying all these here at such a great length but I felt it is necessary to be shared here.
Anyways, as far the Basic salary, ESI and PF matters that are discussed here are extremely useful. Thanks a lot for the valuable contribution. :)
28th January 2011 From India, New Delhi
I have just joined this useful site with many things to grab and explore on HR practices.Just want to thank all the seniors and mentors who share their experience learning tp this open forum.
Myself working in an IT firm as Sr. Executive HR for Onsite deputations and handle payroll.
Hope for sharing innovative ideas and help to solve and discuss many things with you all.
28th January 2011 From India, Delhi
Are there any Govt. Laws which specify the %age of total gross salary for Basic, HRA, LTA etc? I mean - Would I be breaking any laws if I have a Basic+DA as 30% of Gross? (Obviously this 30% would need to conform to the Min. Wages Act). Say I have a break-up as follows (All are %ages of Gross Salary) :
Basic - 30%
Conveyance - 10%
Medical reimbursement - 10%
Children's education allowance - 2%
Leave travel allowance - 5%
House rent allowance - 25%
Attire allowance - 3%
Special allowance - 15%
Does this fit in the "Law"?
31st January 2011 From India, Pune
I wanted to know how to calculate Tax on the following.
We have divided the employees into 2.Consultants and PF.
Consultants are the employees below 15000 and we deduct only 10.33% of there salary every month and they don't have PF and PT.
For PF is people with above 15000 and we calculate accordingly
Basic(40% of GS)
DA(20% of basic)
Medical Allow 1250
Conveyance 800 and
We have fixed deduction of PF 780 and PT 200
Does this affect in Tax Calculation and is it right?
30th June 2011 From India, Hyderabad
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19th February 2013 From India, Mumbai
Basic salary means Basic + D A and that we have to pay as per minimum wages act applicable to our Industry and state .
H R A is 5 % on Basic + D A as per Maharashtra House Rent Act and other state follow their guidelines
You have to pay minimum Rs 780 toward PF if you are paying any allowances on Payroll. If you are paying less than 780 to PF and you are paying some amount through allowances by Payroll way it will attract the PF
To know more please take our help to regularize your payroll.
Secondly Less Rs 15000/- person how can be on retainer ship, we engaged the consultants on retainer ship who are qualified and have done specialization in their field hence please look into the same . We cant engaged peon, computer operators as consultants
Please Contact me if you need help and to avoid future mishaps. We work on Tailor made package
28th March 2013 From India, Mumbai
I want improve my mail writing, generally i use good enough language but some where it is not that much strong and effective that readers can understand my points, dear all seniors would you help me that I can express my points with feeling in actually I want make understand to someone.
28th June 2013 From India, Bhopal
respected sir /mam,
im a fresher , can you all do me a favour?how to do payroll process.whatbae the components of salary slip with example and calculation.expecting a favourable responses.thanks to one and all in advance.
27th July 2013 From India, Bangalore
10th March 2017 From India, Delhi
I need to know about gratuity calculation in some simplest way also is there any specific criteria applicable on its calculation?
As i gone through so many links but still I am not clear with its concept.As i never done gratuity calculation in my professional career till now.So want to know how exactly we calculate it.
8th March 2018 From India, New Delhi
I got Offer letter from the IT company mentioning that 15k in training for 3 month after that 30k per Month Salary. So kindly let me know how much Net Salary /Month should i get after deductions of PF, ESI, Gratuity & Bonus.. Plz give me detailed calculations.
10th March 2018 From India, Hyderabad