QUERIES
Dear All, It would be Greate help for me if some one can provide me calculation procedure of Pf,ESI& gratuity in Excel sheets. Thanks Payal

3rd November 2007 From India, Calcutta

PARTICIPATING IN DISCUSSION:
Akhil.Gupta
Hr Professional With 8 Years Of Exp.
Kumar H P
Hr And Compliance
Grhrm
Executive-p&a
Vishu220679
Payroll, Recruitment, Training
Ashi.gurjar
Recruitment, Training And Development
Jeewan85
A Student Hr
Amitmhrm
Hr Practices
Amith R Murthy
Hr Executive
Dine2
Manager Hr
Payal80
Service
Manojkumar01
Personnel Manager
Vinomba
Interview Panel Discussion & Generalist
Amar188taksh
A Bit Knowledge Of Payoll & Hr
Executive Hr
Mitrum
Network Engineer
DHANAKRISHNA
Hr Executive
Gopal.krishna
Income Tax
+19 Others

Hi Payal,
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.
Where as PF is contributed @12% of basic salary only from both sides employee as well as employer..
Regards,
Amit Seth.
Hi friend, I am enclosing here with an Excell sheet with formulas and examples. It will helpe u to make a clear idea and also for ur work. Thanks GrHrm
3rd November 2007 From India, Hyderabad

Attached Files
 esi__pf_calculation_191.xls (16.0 KB, 41885 views)
Dear Payal,
To the excell sheet provided by grhrm, please apply a condition that If Gross > 10000, ESI contribution is Zero. So that it can directly read Zero value for people having salary greater than Rs.10000
Truly Yours,
Kumar.H.P
5th November 2007 From Hong Kong
Dear Amit,
I have a clarification about the below line as quoted by you, if i am not wrong wrong confirm me is this the Gross limit the maximum above which the employee can opt for PF i mean is it similar to the limit of basic salary of Rs 6500. Clarify me on the same.
PF is been calculated on the basis of Gross salary per month and the maximum ceiling is 10000 Rs./Month.
Regards
Amith R.
5th November 2007 From India, Bangalore
Dear Amith,
Please go through with the mention line once again..
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.
Hope now it must be clear at your end..
Regards,
Amit Seth.
hi esic challan and calcul.for u
6th November 2007 From India, Gurgaon

Attached Files
 pf___esi_challan_and_calcu_299.xls (155.0 KB, 9288 views)
Dear Sir,
I've one doubt regarding pension. According to the formula the pension is calculated in this manner.
last drawn wages x no. of years of service / 70
But i would like to know about that 70.
With Regards,
K. Ravi Kumar.
E-mail:
Ph: 09989111149
6th November 2007 From India, Hyderabad
Hi,
PF & ESI Calculation
PF 12% of the Basics for BOth (Employer & Employee)
PF Calculation upto 6500 Only above 6500 should not calulate for rest of the BASIC SALARY.
Basics PF 12% (Employee & Employer Contribution Equal Level)
5000 600
ESI
Empoyee Contribution= 1.75%
Employer Contribution= 4.75%
Gross Salary ESI 1.75%(Employee) 4.75% (Employer)
10000 175 475
Above 10000 Gross Salary
They are not eligible for ESI
Regards,
Vinoth.R :lol:
10th November 2007 From India, Madras
I have changes my job last year. I have transferred my PF from my last employeer to the currently employeer pf account. For past few months I was trying to find out the status of PF transfer. I finally got the details from my prev. employeer. I am having a doubt that there has been some mistake and the amount transferred is not correct.
I have been in working with my prev. employeer from Aug 2003 till oct 2006. I have contributed x rupees toward the PF. As per my understanding the employeer will also contribute the same amount. Also the interest will be added to this amount. But the total amount transferred is much less. I have contacted my prev. employeer for details but i doubt i will get a proper response. Is there a way that I can find this information from PF office.
Thanks
17th November 2007