New HR Executive Seeking Guidance on ESI, PF Forms, and Monthly Returns – Can You Help?

Dear all, I am newly joined as an HR Executive. Kindly help me understand the details of ESI, PF forms, monthly challans, and PF annual returns. If you have any formats for these, please forward them to me.

Thanks & Regards,

L Sunil Kumar

ESI Monthly Contribution Details

Regarding ESI monthly contribution, you have to generate the online challan. There is no need to submit half-yearly or yearly returns now. The calculation of ESI contribution is as follows:

- Employee contribution: 1.75% on gross salary
- Employer contribution: 4.75% on gross salary

Just check the ESIC website at http://www.esic.in.

Regards,
Raj Vikram

Dear Raj Vikram garu, Thank you for your valuable comments regarding ESI. If you can provide details of PF monthly and yearly returns, it will be helpful to me.

Thanks and Regards,
L Sunil Kumar

Through the search button located at the top, you can access the related formats and data you need. Just give it a try...

Regards,
Raj Vikram
[Phone Number Removed For Privacy Reasons]

Please go through the attachments.

Regards,
R.V

Thank you for providing me with the calculation sheets. However, the PTax calculation sheet I received appears to be incorrect. Based on my understanding, PTax should be as follows:

- 1500 to 1999 - Rs 16
- 2000 to 2999 - Rs 25
- 3000 to 3999 - Rs 35
- 4000 to 5999 - Rs 60
- 6000 to 9999 - Rs 80
- 10000 to 14999 - Rs 100
- 15000 to 19999 - Rs 150
- Above 19999 - Rs 200

The amounts on your sheet do not match these figures. For a salary of 3000, the PTax is shown as 30 on your sheet.

PF Contributions

I also have a question regarding PF contributions. If an individual is earning less than 6500, which is 3000 (basic + DA), the PF contribution does not seem to be displayed on the PF calculation sheet.

ESI Challan Charges

Could you confirm if there are any administrative charges in the ESI challan?

May I inquire about the state in which you are currently working?

Thanks & Regards,
L. Sunil Kumar

The professional tax (P.tax) in the previously attached file is outdated; Form V (5) is required for submitting professional tax to the CTO department. Please find the updated Form V attached for your reference. I am currently working in Vijayawada, Andhra Pradesh.

Thank you,

RV

Dear RV,

Once again, thank you for providing me with the latest P tax format file. Please don't mind, but I have some doubts about one of the previous files you shared with me. In the PT_ESI_PF calculator, you mentioned that there are admin charges for the ESI calculator and stated that the admin charges are the same as PF. I have reviewed some other formats of challans where I couldn't find any admin charges for ESI challans. Is this correct?

Thanks & Regards,
L Sunil Kumar

Regarding the question you asked about not finding the calculation for a salary less than ₹6500/-, ₹6500/- is the ceiling limit for PF. Just deduct 12% from ₹3000/-, and that would be the deduction.

Regards,
M.B. Swaroop

Understanding PF & ESI Benefits

I have recently started working on PF & ESI, and I need to inform my employees about their benefits in a PowerPoint presentation. I want to provide them with this knowledge in a short and simple manner so that they understand its actual importance.

Thanks & Regards,
Nidhi