Esi And Pf Queries Doc Download

Hi Seniors,
I know PF contribution is 12% of the CTC and ESI contribution is 1.75% of the CTC.Please suggest me how much the employer contribution should be?
Regards,
Anita

Hi Anita,
Employees Provident Fund covers three schemes and the contribution both from employees 12% and 13.61 from Employer side.
1. Family Pension Scheme : 8.33%
2. Provident Fund : 3.67%
3. Link Insurance Scheme : .5%
4. Administrative Expences paid by employer : 1.61%
Employees contribution is taken from Basic + DA. Organization employee 20 or more are covered under he scheme. Min Salary Required is Rs.6500/- per month.
ESI:1.75% from Employees and 4.75% through employer contribution.
The calculation is based on Basic + DA. Employee drawing Rs.50/- per day are eligible for the coverage

Dear Ms.Anitha
PF will be calculated in Basic + DA.
Employee contirbution is 12% and Employer contribution is 12%
Apart from this employer should pay the administrative charges, EDLI (Employees deposit linked insurance) charges.
For ESI, the employee contribution is 1.75% in Gross Amount and employer contribution is 4.75% altogether is 6.5%.
Hope you would have got some idea on this.
regards
Saravanan J

Hi Saravanan,
Please do correct me if i am wrong. The calculation of EPF is on 12% from Employer and Employees
Family Pension Scheme 8.33%
PF Scheme 3.67%
Link Insurance Scheme .5%
Total 12%
and the administrative expences of 1.61% is paid by the Employer.

Dear Anita,

PF DEDUCTION:-

EMPLOYEE = 12% (OF BASIC SALARY)
EMPLOYER = 12 % (OF BASIC SALARY) + ADMIN CHARGES = 1.61 % (OF BASIC SALARY)

ESI DEDUCTION:-

EMPLOYEE = 1.75 % (OF GROSS SALARY)
EMPLOYER = 4.75 % (OF GROSS SALARY)

Regards,
Pankaj Chandan

Hi Seniors,
Thanks a lot for your information.I am very clear on this part now.
Another query I have is PF can be withdrawn at the end of the service.But what about ESI?
please help me on this.
Regards,
Anita

Hi Seniors,
Will both employer & employee contribution for PF will be deducted from Employee's pay.Iam bit confused on this.
Regards,
Anita

Dear Anita
The Employer Contribution in PF is in 13.61%
It is Devided into 5 A/c in PF Challan , It is
3.67%,8.33%,1.10%, .01%,.05% .

No , The Employee Contribute 12% from his Salary , Other Part of The P.f. Will Be paid By the Employer .

I suppose Priya is wright; employer contribution is
Pension: 8.33%
PF : 3.67%
DLI : 0.5%
Admin Exp: 1.61%
ESI : 4.75%