Steps Involved In PF/ESI Deduction - CiteHR
Hr Practices
Amith R Murthy
Hr Executive
Legal In Corporate Line
Hr - Executive
Consultant Hr

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i m working in a co as a HR Exc.we have got PF/ESI consultants who are working with us on contract basis.please let me know in steps the process involved with deducting PF/ESI
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PF is deducted @12% of basic salary from both the employee as well as employer.
Out of this 12% of employer, 8.33% goes to pension fund whereas rest 3.67% deposited to the PF fund only..
Moreover employer is required to pay some Administrative charges also..
Amit Seth.
Thanx Amit , you have explained PF in a very simple manner, and it is good and easy to understand for new HR professional , Regards Mustafa
You have to deposite PF Challan on or before 15th of every month and ESIC challan on or before 21st of every month. Pallavi :D
this is to inform that the pf office submission copy has to be kept with u and there is three months time will be their. even u ar in contract base u ar eligible.
thak u
for further quaries
wel come advises and suggestions.
hi, If there is no pension plan in the company then what will be the procedure of deductions of PF/ESI regards deepika
first thing is that when there is no pension plan then he can opt for other alternative procedure to be adopted in that situations. the person has to decide which one of the chosen is a better one.hence he may proceed with that.
for eg. he can direclty apply to pf office or form a trust for depositing in the company it self and many a ways are there it all depends on ur circumstances.
for contact
we welcome any suggestions and the advices
Dear All,
For more information on PF and ESI you can visit the website i.e for PF and for ESI. I hope it will be useful for you all..................
Amith R.
I am new in hr as i am from sales i am not aware how to work out the salary if the person was on leave .
if sombody could help me with the slary structure and componenets to be included in the salary.
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