Kumar H P
Hr And Compliance
Pranil
Dy. Manager Hr
Arunodaya17
Executive - Hr
Tanuja Y
Working
Susheel Kumar Gambhir
Manager Payroll
Sivakumar.sj
Mba Student
K.V.PADMANABHAN UNNI
Chief Accountant
NELSON LIVINGSTON
Private Employee
+2 Others

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Hi friends,
This is Arunodaya pursuing MSW fianal year specializing in HRM at Loyola College.Can you please send me msgs how to calculate to deduct ESI, PF and Gratuity amount from total CTC.
Regards
Arunodaya

From India, Coimbatore
You see "Downloads serach" and "Type Search Query" give your query there and try downloading, you should get
From India, Hyderabad
Hi.. PF - 12% on basic salary for employee contribution PF - 13.67% on basic salary for employer contribution ESIC - Employee - 1.75% on gross salary
From India, Pune
Hi.. PF - 12% on basic salary for employee contribution PF - 13.67% on basic salary for employer contribution ESIC - Employee - 1.75% on gross salary Employer 4.75 % on gross salary
From India, Pune
PF - 12% on (basic salary+ d.a.) for employee contribution
PF - 12% on (basic salary+d.a) for employer contribution
ADMINISTRATION CHARGES 1.100 % on (basic salary+d.a)for employer contribution
E.D.L.I. CHARGES 0.500 % on (pension salary (Basic +da upto Rs.6500) for employer contribution
INSPECTION CHARGES 0.010 % on (basic salary+d.a)for employer contribution
FOR EXPLE ONE EMPLOYEE BASIC SALARY =20020 & DEARNESS ALL=3500
TOTAL WORKERS = 1
TOTAL SALARY = 23520.00
COVERED UNDER EPF = 1
SALARY = 23520.00
EPF = 2822.00
COVERED UNDER PENSION = 1
SALARY = 6500.00
SALARY (Excess) = 17020.00
PENSION = 541.00
NOT COVERED UNDER EPF = 0
SALARY =
NOT COVERED WITH PENSION = 0
SALARY =
WORKER SHARE EPF = 2822.00
EMPLOYER SHARE EPF = 2281.00
TOTAL = 5103.00
WORKER SHARE PENSION =
EMPLOYER SHARE PENSION = 541.00
TOTAL PENSION = 541.00
E.D.L.I. CHARGES 0.500 % = 33.00
ADMINISTRATION CHARGES 1.100 % = 259.00
INSPECTION CHARGES 0.010 % = 2.00
TOTAL TO BE DEPOSITED = 5938.00

From India, New Delhi
Gratuity Calculation: (Last drawn Basic + DA X 15 X No. of Years of Service)/ ( No of working days in a month) Eligibility: No. of years of service >= 5 years Truly Yours, Kumar H.P
From Hong Kong
Hi Frined, I would like to know whether gratuity is been calculated from Gross or Basic salary. Regards, Arunodaya
From India, Coimbatore
Dear Arun

For PF - Salary means Basic, DA, Cash value of any Food Allowance and any other allowance which is directly related with the cost of living of employees

Employees contribution will be 12% of their salary

Employer Contribution goes under 4 heads:

1. Employee Pension Scheme - 8.33% ofsalary or Rs. 541 whichever is lower. Out of the 8.33%, the amount above Rs. 541/- if any will go to provident fund

2. Provident Fund - 3.67% of salary. Here please note that the amount above 541/- will also be added

3. Employees Deposit Linked Insurance Scheme - Which is 1.10% of salary

4. Administrative Charges - which is .51%

Therefore altogether employer contribution comes to 13.61%

For ESI

Salary means Gross Salary including metro allowance but excluding laundry allowance, entertainment allowance etc.

Employee Contribution is - 1.75% of Salary rounded off to the next highest Ruppee. For eg. if 1.75% of gross salary is Rs. 52.10, then employee contribution will be Rs. 53

if the salary of an employee is more than 10,000 then we don't have to remit contribution for him towards ESI. But please note that remittances to ESI is counted as two contribution periods. ie April to September and October to March. If an employees salary is 9000 in April he has to remit ESI contribution. If in May he got a promotion and his salary in May is 11000 then also ESI should be deducted from him even though his salary is more than 10000. This should continue till the end of the contribution period ie up to September.

For Gratutity

Salary means Basic, DA, Cash value of any Food Allowance and any other allowance which is directly related with the cost of living of employees

It is paid to employees who had more than 5 years continuous service at the time of resignation, or to the employee at the time of his retirement, permanent disablement or death.

Calculation is Last drawn Salary * Number of years in Service * 15/26

Note that if an employee resigns after 5 years and 6 months, the number of years in service will be treated as 6 years. Otherwise, it will be treated as 5 years only

Hope this would be Ok for you. If for more details you may contact me at

From India, Kochi
Hi, Please find the attachment for gratuity calculation Thanks, Tanu
From India, Hyderabad

Attached Files
File Type: xls gratuity_computation_101(1).xls (18.5 KB, 2172 views)

Hi friends, this is sanjeevareddy am working in pharma company.how can u calculate the PF,ESI,PT.Plz. find attached the PF,ESI,PT calculations.
From India, Hyderabad

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