hai can anybody tell me how do we calculate the PF, PT and ESI ? what are the rules and regulations to calculate all these.............. i hope to here answres from you Prajaktha
From India
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From India
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Hi Prajaktha,
PF is contributed from both sides at 12% of the basic salary.
ESI is calculated at 1.75% of the gross salary from the employee's side and at 4.75% of the gross salary from the employer's side. The ceiling for ESI is 10,000/- of the gross salary. Once this ceiling is reached, one will be exempted from ESI.
On the other hand, PT deduction varies from state to state.
Regards,
Amit Seth.
From India, Ahmadabad
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508PF is contributed from both sides at 12% of the basic salary.
ESI is calculated at 1.75% of the gross salary from the employee's side and at 4.75% of the gross salary from the employer's side. The ceiling for ESI is 10,000/- of the gross salary. Once this ceiling is reached, one will be exempted from ESI.
On the other hand, PT deduction varies from state to state.
Regards,
Amit Seth.
From India, Ahmadabad
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Pf esi & pt.xls
PF & ESI.zip
Presentation PF&ESI.ppt