ESI / PF calculation with latest ammendment - CiteHR
Aniket Pathak
Sr. Officer Hr
+1 Other

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Dear Sir / Madam,
Good morning.
Request anybody to explain ESI / PF calcuation with latest ammendment.
And when a company can enable or avail ESI / PF for their employees. ( Means how much employees required for enrolling ESI / PF)

Dear Sir,
Please search for the previous posts as these are very basic questions and already have too many threads for you to refer.

Dear Aniket,
As you said, i had already searched the post and read. But i requried the details with recent ammendment.

ESI is applicable , When any Unit have 10 or more than 10 Employees, and drawing the wages up to 21000 per month comes under ESI Act, 1948.
It is calculated on gross with total of 6.5%.
Means 4.75% of gross paid by Employer side and reaming 1.75% from Employee side.
On other hand , any Firm which has a minimum of 10 employees has to be registered with the Employees' Provident Fund and Miscellaneous Provisions Act. Earlier it was minimum 20 employees . Total 25.15% of basic wages will calculated.
12% from Employee side
and reaming 13.15% from Employer Side.

thanks lot KK Parashar.
If possible can you share ppt or data in detail as per the new ammendment.
From enrolling the employee into ESI & PF , calcualtion, withdrawal etc.,

Any payment cutoff date changes happened in new amendment?
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