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Hi Jayshri, As far as i know ESIC contribution of Employee is 1.75% & Employer’s contribution is 4.75%. Regards,
Hi All This is Devendra I Want to know that for caluclation of salary how many days shall be counted per month i.e 26, 27, or 30 and 31. Dev
Everybody.I am a HR Executive in a private concern. I would like to learn the entire Payroll process that has been handled in a corporate and would like to know about PF,ESI...Kindly send me the related information so that it would clear all my quries...
Thanks & Regards

Hi Jeyell,
If i am right,
PF Employee Contribution Calculation - 12% on Basic + DA
PF Employer contribution also 12% on Basic + DA
Among that 12%(Employer Contribution), 8.33% goes to PF Scheme and remaining 3.67 goes to Pension Scheme.
Thanks and Regards,

Hi Friends,
If I am right,
Employee Contribution 12% on Basic+DA
Employer Contribution 12% on Basic+DA(Among this 12%, 8.33% will go to PF Scheme and remaining 3.67% will go to Pension Scheme)
Employee Contribution 1.75% on Gross Salary
Employer Contribution 4.25% on Gross Salary.
If i committed the mistake anywhere just let me know.
Thanks and Regards

please find the breakup of PF for employee and employer side. The employer amount goes into five accounts , account No 1,2,10,21,22.
PF Challan --------
Following challans duly filled in should be submitted -
P.F. Cont. (Employee's+Employer's Share) A/c No. - 01 - 12% + 3.67%
Pension Fund Contribution A/c No. - 10 - 8.33%
Administrative Charges A/c No. - 02 - 1.10%
E. D. L. I. F. A/c No. - 21 - 0.50%
Administrative Charges A/c No. -22 - 0.01%
I believe it will be usefull for you. :)

Hello sir, I am searching for the job in HR.I have completed M.P.M in 07 and having 1 yr exp. in Consultancy. please Guide me. Nidhi Saxena
Hi all,

Employee ESI contribution = 1.75% on ESI earning gross
Employer ESI contribution = 4.75% on ESI earning gross
Note: Washing allowance is exempted from ESI earning.
And the cutoff limit for ESI is Rs.10,000/- PM, if an employee's gross is above the mentioned cutoff after the First half or before, then he will not be covered under ESI act. But in between 1st and 2nd half ESI gross will cross the cutoff limit then he has to contribute till 1st or 2ns half will not over.
1st half: Apr to Sep
and 2nd half means : Oct to Mar

And also if employee is drawing average daily wages less than 70 Rs. per day then, employee need not to pay ESI, only employer will be paying 4.75% on ESI earned gross.

Employee PF contribution = 12% on BASIC+DA
Employer PF contribution = 12% on BASIC+DA
PF Cutoff limit is Rs.6500/- , over and above which no need to pay PF, i.e. maximum contribution is Rs.780/- (12% of 6500)
Actually all the employees must be covered under PF even though their Basic+DA is above 6500. However, there is an exception for this, an employee with the prior consent of the employer can exempt himself from PF contribution.

plz do let me know if u have any more doubts or if u dont understand something

warm regards
Hansraj Pawar

Hi all, There are many payroll vendor who provide the software/solution to process our payroll... why to worry!!!, they will provide the solution. We can make use of them.
Dear jayshri, Little correction in ur post employer’s contribution towards ESIC is 4.75 % and employee contribution is 1.75%. Regards Jai

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