How To Do Esic Deduction - Xls Download

saraswatimaa
Dear all
please help me how to calculate ESIC Contribution from both Employer(4.75%) and Employee(1.75%) if the CTC of the Employee is RS 15000
I have done the Salary Breakup as below
Basic=7500
HRA=3750
Special all=350
Uniform upto=1500
Medical=1000
Provident Fund @12% Employer=900
Total CTC=15000
Please Guide me how to calculate ESI
Regards
S.Koul
P.K.Mishra
In thsi case gross salary consitutaing all elements like Basic, HRA,Spl,Uniform ( if paid as allowance), Medical (if paid as alowance) shall be considered for ESIC deuction. There is noting to do this CTC. PF is not part of ESIC deduction
Regards
P K Mishra
angatptl86
Dear,
It is very much easy just count ESIC on the BASIC salary of particular Employee...
In ur case basic is 7500 so that ESIC for emloyer (4.75%) = 356.25 & for employee (1.75%) = 131.25
In short, Final amount for ESIC will be 487.50
mukesh_azad
Dear
It is correct that it is very easy to calculate the ESI contribution of ESI employee as well employer share. But, here I want to correct you that ESI contribution is payable on all the allowances, not only on the Basic Salary, it has nothing to do with CTC your salary is Rs. 14100/- and you will calculate the employee share of contribution @ 1.75% Rs. 246.75 and employer share of contribution @ 4.75% is 669.75 and you will convert the paisa in next rupee, means if your contribution of ESI is 246.75, it will be considered Rs. 247/- (it will be applicable on both the share of contribution.
I hope that the above will satisfy the query, if any other clarification you are most welcome to seek clarification.
kmourya86
Give me fully details regarding EPF and ESI and how to calculate ESI AND EPF, how to fill the challan of EPF AND ESI,how to maintain register of EPF AND ESI.Please guide me about all my queries.
mukesh_azad
Dear,
If you dont' have anything regarding this, contact me I will guide you how to calculate the ESI & Provident Fund Contribution and fillup of challan and how to maintain the register with regard to.
abedeen7
Dear Koul,
I have attached excel sheet which will help you in calculating PF and ESI.
You need to put data and it will calculate automatically.
Note:
Conveyance is not a part for ESI calculation so deduct it for gross salary
For PF special allowance will be a part of it
Hope this will help you and for more detail you may contact me.
Regard's
Shaikh
1 Attachment(s) [Login To View]

raaghas
Washing allowance exempt from the ESIC Deduction if the employees draw the salary 5000
BA=3000
DA=900
Hra =300
WA= 800
Grass salary =5000

At that time you Deduct ESI only for 4200*4.75, =199.5 Rs from The employer and 1.75 % = 73.5 Rs from the employee reaming 800 Rs washing allowance exempt From the ESI Deduction.
sanjayyogitha@gmail.com
Dear All,
I heard that if conveyance is paid paid separately, then ESIC is not applicable and if the same is part of salary, then everything excluding washing allowance is applicable for ESIC. If a persons Gross Salary (not CTC) is 12000.00 (which includes basic, VDA, conveyance, HRA, Washing allowance etc) and the part of washing allowance is 200/-, then the entrie amount excluding Washing allowance is covered under ESIC
Please correct me if I am wrong
Sanjay
abedeen7
Dear krishna,
For PF calculation you can check the excel sheet, if any thing you require be specific so that we can help each other.
Regard's
Shaikh
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute