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kindly help me how to calculate the TDS,PF,ESI,professional tax whether on gross salary or net salary what will be the slabs percentage for TDS,PF,ESI,professional tax from from salary o to 10 LPA.
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kindly help me how to calculate the TDS,PF,ESI,professional tax whether on gross salary or net salary what will be the slabs percentage for TDS,PF,ESI,professional tax from from salary o to 10 LPA.
Hi,
ESI is applicable only for those employees whose gross salary is up to 10,000/- rupees per month and its calculated @ 1.75% of gross salary from employee side and 4.75% of the same from employer's side.
PF is calculated on basic salary+Dearness allowance only.. It is calculated @ 12% of basic salary from both the sides.. Out of 12% of employer's contribution only 3.67% goes to PF and rest goes to Pension Fund. The maximum ceiling to be covered under this Act is 6500/- basic salary.. even employees getting more can also be included.
Professional Tax is calculated on gross per month and its fixed for a level.. Like for employees who are getting upto 6000/-, deduction would be 20/- rupees.. but its vary from state to state..
Regards,
Amit Seth.
Hello,
I have one more query in this regard
As mentioned that ESI is applicable upto gross salary of Rs 10,000, so wnated to know that whether employees earnings more that that are not to be included in ESI.
Thanks
Rachana
Hi all
Based on below details ESIC to be deducted, Drawing wage upto 10000

To be deemed as wages

· Basic pay
· Dearness allowance
· House rent allowance
· City compensatory allowance
· Overtime wages (but not to be taken into account for determining the coverage of an employee)
· Payment for day of rest
· Production incentive
· Bonus other than statutory bonus
· Night shift allowance
· Heat, Gas & Dust allowance
· Payment for unsubstituted holidays
Regards
Subrahmanyam
Dear Rachna ESI contribution is applicable only for a salary upto Rs.10,000/- , if salary is greater than Rs. 10,000/-. no ESI deduction is done. Regards Anu
Dear Anu,
As you said that we cannot deduct ESI if salary is more than Rs 10,000, but i found with one of the leading pharma company where the gross was Rs 11,000 and ESI was deducted.
What can be done in this matter, is that valid.???
Thanks
Rachana
To be deemed as wages

· Basic pay
· Dearness allowance
· House rent allowance
· City compensatory allowance
· Overtime wages (but not to be taken into account for determining the coverage of an employee)
· Payment for day of rest
· Production incentive
· Bonus other than statutory bonus
· Night shift allowance
· Heat, Gas & Dust allowance
· Payment for unsubstituted holidays
· Meal/food allowance
· Suspension allowance
· Lay off compensation
· Children education allowance (not being reimbursement for actual tuition fee)
we consider all this while calculating ESI so go through it and find out how this 11000rs come what are things included in this
Hi Friends, Please see the attachment regarding Salary structure. A complete details & procedures . Regards mahesh K prasad

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Very true Miss Singh, Gross salary includes all these components and deduction made over the same. Regards, Amit Seth.
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