How To Calculate Salary,PF & ESIC In Pvt Companies?

i know how to calculate pf but in case 1 employee getting basic more than 6500/- per month then how to calculate his PF, Epf, edlis etc.
i.e.
Basic- 12000
D.A - 1615
can anybody tell me how much amount contribution for following a/c
A/c- 1
A/c- 2
A/c - 10
A/c - 21
A/c- 22

well if anyone getting more than 6500.. there are two conditions
1.Employee is getting PF, and if his/her basic goes over 6500, has to contribute.
2. if form day one basic is more than 6500, then company if agrees to deduct there pf can do, in that condition...
A. deduct on basic whatever is basic.. above 6500 or below does not matter ; B. if that person's basic is above 6500, you can restrict deduction over 6500 only.
both conditions are correct.

Hi all of you........
How to calculate pf?????
For example: One person gross pay is 7000/- and then basic+da will be 4200/- approximately.
We calculate pf(12%) on (basic+da) from employee and employer=4200*12%=480/-
esi:- caliculation on gross salary.
For example:- gross salary is 7000 then we calculate esi 1.75% from employee and 4.75% from employer. Then esi will be 123/- from employee and 333/- from employer.
Professional tax:- according to form-5 we can get the details. For 7000/- gross salary professional tax will be 80/- then we can deduct all these things from the gross salary.
Remaining the deductions is called take home also called net salary.
And including employer contributions is called ctc.
If any mistakes please disclose........
Thanks & regards
ratnakar

Thanks a lots for the information.
Will you please provide list of two and three wheeler parts manufacture companies at Maharashtra which company manufacture ?
Plz its urgent
Thanks,
Rashmi

well if anyone's gross in greater then 15000.00, that condition ESIC is not applicable...
and if basic is greater then 6500.00 two conditions...
A. deduct on actual basic...
B. restrict calculation up to 6500.00

Hi, I have one doubt, if basic 15000 then what would be the contribution Employee 12% ie 15000*12%=1800
Employer Epf 8.33 and EPS 3.67 ie 15000*8.33=1250 & 15000*3.67%=550
the above calculation is right or wrong?

hi....reshma
pls. go through the file attached below of Minimum Wages + Spl. allowances As per the zone wise in MAharashtra
Shrikant Talawar

No, it is wrong..
Employer's share to Pension Fund is limited to 8.33% of the workman's salary subject to a maximum of Rs 6500. Therefore, the monthly pension fund contribution per employee will be limited to Rs 541, ie, 8.33% of Rs 6500.
So, correct calculation would be like this :
Basic 15000, then 12 % = 1800, and employer share would be towards pension fund 541 and rest to epf account as 1259

Dear Nitesh
I Agree With Your Opinion
Reply Me Is There any % Of Expenses distribution in Profit & Loss account
For Example
Salary=12% of sales/Gp
Wages= 25% of Sale
office Exp=5% of Sale
Please Mail Me At nk96093@gmail.com

Hi Balaji this is Sweta I want to know how we can make challan
With Best Regards,
Sweta Sharma