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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
From India, Calcutta
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..
Amit Seth.

From India, Ahmadabad
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
From India, Hyderabad

Attached Files
File Type: xls esi__pf_calculation_191.xls (16.0 KB, 43753 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,

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.
Amith R.

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..
Amit Seth.

From India, Ahmadabad
hi esic challan and calcul.for u
From India, Gurgaon

Attached Files
File Type: xls pf___esi_challan_and_calcu_299.xls (155.0 KB, 9977 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.
Please clarify my doubt.
With Regards,
K. Ravi Kumar.
Ph: 09989111149

From India, Hyderabad
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
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
Vinoth.R :lol:

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.

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