Regarding PF & ESI Deductions - CiteHR
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Hi I want to know the basic of how a company will deduct PF and ESI for their employees.Give me some basic informations about it. Regards Vairamuthu
Hi..
ESI is contributed from both the sides Employee as well as Employer.
It is been calculated on the basis of Gross salary per month and the maximum ceiling is 10000 Rs./Month.
The contribution from both the sides is as below-
Employee Side- 1.75% of gross/month
So if gross of an employee is 8000/month then
ESI contribution would be 8000*1.75% = 140 Rupees
Employer side- 4.75% of gross/month
ESI contribution would be 8000* 4.75% = 380 Rupees.
PF is also been contributed from the sides, employee as well as employer..
The contribution amount is 12% of Basic salary from both the sides..
Out of 12% contribution of employer side, 8.33% goes to Pension fund whereas rest 3.67% goes to PF fund..
Regards,
Amit Seth.

Dear Friend,
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/search_new.php?q=PF+%26+ESI
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
In CiteHR you will get A to Z information on HR…..
Regards
M. Peer Mohamed Sardhar
093831 93832

Dear Friend,
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/search_new.php?q=PF+%26+ESI
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
In CiteHR you will get A to Z information on HR…..
Regards
M. Peer Mohamed Sardhar
093831 93832

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