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
From India, Madras
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1From India, Madras
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Hi Anita,
Employees Provident Fund covers three schemes with contributions of 12% from employees and 13.61% from the employer's side:
1. Family Pension Scheme: 8.33%
2. Provident Fund: 3.67%
3. Link Insurance Scheme: 0.5%
4. Administrative Expenses paid by the employer: 1.61%
Employees' contributions are deducted from Basic + DA. Organizations with 20 or more employees are covered under the scheme. The minimum salary required is Rs. 6500 per month.
ESI deductions include 1.75% from employees and 4.75% from the employer. The calculation is based on Basic + DA, and employees earning Rs. 50 per day are eligible for coverage.
From United Arab Emirates, Abu Dhabi
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Employees Provident Fund covers three schemes with contributions of 12% from employees and 13.61% from the employer's side:
1. Family Pension Scheme: 8.33%
2. Provident Fund: 3.67%
3. Link Insurance Scheme: 0.5%
4. Administrative Expenses paid by the employer: 1.61%
Employees' contributions are deducted from Basic + DA. Organizations with 20 or more employees are covered under the scheme. The minimum salary required is Rs. 6500 per month.
ESI deductions include 1.75% from employees and 4.75% from the employer. The calculation is based on Basic + DA, and employees earning Rs. 50 per day are eligible for coverage.
From United Arab Emirates, Abu Dhabi
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Dear Ms. Anitha,
PF will be calculated in Basic + DA. Employee contribution is 12%, and employer contribution is 12%. Apart from this, the employer should pay the administrative charges and EDLI (Employees' Deposit Linked Insurance) charges.
For ESI, the employee contribution is 1.75% of the Gross Amount, and the employer contribution is 4.75%, making it a total of 6.5%.
Hope you now have a better understanding of this.
Regards,
Saravanan J
From India, Hyderabad
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PF will be calculated in Basic + DA. Employee contribution is 12%, and employer contribution is 12%. Apart from this, the employer should pay the administrative charges and EDLI (Employees' Deposit Linked Insurance) charges.
For ESI, the employee contribution is 1.75% of the Gross Amount, and the employer contribution is 4.75%, making it a total of 6.5%.
Hope you now have a better understanding of this.
Regards,
Saravanan J
From India, Hyderabad
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Hi Saravanan,
Please do correct me if I am wrong. The calculation of EPF is as follows:
- Employer contribution: 12%
- Employee contribution: 12%
- Family Pension Scheme: 8.33%
- PF Scheme: 3.67%
- Link Insurance Scheme: 0.5%
Total: 12%
Additionally, the administrative expenses of 1.61% are paid by the Employer.
Thank you.
From United Arab Emirates, Abu Dhabi
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Please do correct me if I am wrong. The calculation of EPF is as follows:
- Employer contribution: 12%
- Employee contribution: 12%
- Family Pension Scheme: 8.33%
- PF Scheme: 3.67%
- Link Insurance Scheme: 0.5%
Total: 12%
Additionally, the administrative expenses of 1.61% are paid by the Employer.
Thank you.
From United Arab Emirates, Abu Dhabi
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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
From India, New delhi
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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
From India, New delhi
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Hi Seniors,
Thank you very much for your information. I am now very clear on this part.
Another question I have is, can PF be withdrawn at the end of service? What about ESI? Please assist me with this.
Regards,
Anita
From India, Madras
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Thank you very much for your information. I am now very clear on this part.
Another question I have is, can PF be withdrawn at the end of service? What about ESI? Please assist me with this.
Regards,
Anita
From India, Madras
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Hi Seniors, Will both employer & employee contribution for PF will be deducted from Employee’s pay.Iam bit confused on this. Regards, Anita
From India, Madras
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From India, Madras
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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% .
From India, Hyderabad
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From India, Hyderabad
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No , The Employee Contribute 12% from his Salary , Other Part of The P.f. Will Be paid By the Employer .
From India, Hyderabad
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From India, Hyderabad
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(Fact Checked)-The user reply is [B]correct[/B]. (1 Acknowledge point)
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I suppose Priya is wright; employer contribution is Pension: 8.33% PF : 3.67% DLI : 0.5% Admin Exp: 1.61% ESI : 4.75%
From India, Mumbai
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From India, Mumbai
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Dear Anita, Only employee’s contribution is deducted from employee’s salary. Regards Pankaj Chandan
From India, New delhi
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From India, New delhi
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Employee’s 1.75% of Gross Employer’s 4.75% of Gross Total 6.50% ceiling Amount 10000/-(less then 0r equal to 10000/-)
From India, Ahmadabad
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From India, Ahmadabad
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Hai Anitha, Only employee contribution (12%) is deducted by employee salary, another employer contribution (12%) paid by employer only Regards, Chakri.
From India, Secunderabad
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From India, Secunderabad
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(Fact Checked)-The employer's contribution to PF is also typically 12% of the employee's basic salary. This contribution is separate from the employee's share. (1 Acknowledge point)
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Dear Sir,
PF contribution of 12% is deducted from the employee's basic salary + DA, and the employer's contribution is 13.61%. The bifurcation of the 13.61% employer contribution is as follows:
- 8.33% is for the pension
- 3.67% is the employee's share
- 0.5% is for EDLI
- 0.01% is for EDLI admin charges
- 1.1% is for administrative charges
Regards,
Mukesh Sharma
From India, Delhi
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PF contribution of 12% is deducted from the employee's basic salary + DA, and the employer's contribution is 13.61%. The bifurcation of the 13.61% employer contribution is as follows:
- 8.33% is for the pension
- 3.67% is the employee's share
- 0.5% is for EDLI
- 0.01% is for EDLI admin charges
- 1.1% is for administrative charges
Regards,
Mukesh Sharma
From India, Delhi
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No, you can’t deduct employer contribution from employees salary. ESI contribution can not be withdrawn. Rajesh
From India, Bhopal
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From India, Bhopal
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Hi Anita PF calcuation on Basic + Apl.Allow = 12% employee =13.61% employer Limitation Rs.6500 ESIC calculation on gross salary = 1.75% employee = 4.75% employer Limitation Rs.10,000 Vinay 9850062122
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(Fact Checked)-The employer contribution for PF is 13.61% and for ESI is 4.75% as per the user reply, with correct limitations mentioned. Well done! (1 Acknowledge point)
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Dear All,
Please find the process flow for the PF. It contains everything related to PF contribution/process flow. Also, I will post the process flow on ESIC very soon.
Hope it will be useful for everybody.
Thanks & Regards,
Kumar Gourav
From India
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Please find the process flow for the PF. It contains everything related to PF contribution/process flow. Also, I will post the process flow on ESIC very soon.
Hope it will be useful for everybody.
Thanks & Regards,
Kumar Gourav
From India
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Dear Sir, i want to know about my pf balance. can i get this information online threw net? If yes then pls provide me web site for this.
From India, Mumbai
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From India, Mumbai
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(Fact Checked)-Dear Sir, you can check your PF balance online through the EPFO portal. Visit epfindia.gov.in and use your UAN to access your details. Thank you for inquiring. (1 Acknowledge point)
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(Fact Checked)-Dear Sir, you can check your PF balance online through the EPFO's official website. Just visit the EPFO portal and log in to access your account details. Thank you for inquiring. (1 Acknowledge point)
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Hi,
PF contribution is 12% on Basic or Basic+DA if you are paying DA. It is not on CTC. 12% has to be paid by the employer.
For ESI, 1.75% of Gross salary of the employee, and the employer has to pay 4.75%.
Hope this will help you. :icon1:
John
From India, Visakhapatnam
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PF contribution is 12% on Basic or Basic+DA if you are paying DA. It is not on CTC. 12% has to be paid by the employer.
For ESI, 1.75% of Gross salary of the employee, and the employer has to pay 4.75%.
Hope this will help you. :icon1:
John
From India, Visakhapatnam
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(Fact Checked)-The user reply is correct regarding PF and ESI contributions. Employer contributes 12% to PF and 4.75% to ESI based on Gross salary of employees. (1 Acknowledge point)
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(Fact Checked)-The user reply is correct. Thank you for the accurate information and guidance. (1 Acknowledge point)
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It is not possible to know balance thro online, however you can request for details online and those details will be sent your employer.
From India, Visakhapatnam
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From India, Visakhapatnam
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Employer contributions:
- PF (Basic + VDA + DA) - 13.61%
- ESI (Gross Salary except Washing Allowance) - 4.75%
For further queries, you can reach me at 9909001742.
Regards,
Abhijeet Sawant
From India, Ahmadabad
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- PF (Basic + VDA + DA) - 13.61%
- ESI (Gross Salary except Washing Allowance) - 4.75%
For further queries, you can reach me at 9909001742.
Regards,
Abhijeet Sawant
From India, Ahmadabad
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Hi Anitha,
As per the amendment dated 22/9/1997, both the employee and the employer have to contribute to the PF at 12%. However, the employer has to contribute an extra 1.61%. The breakdown is as follows:
Employee Employer
A/C No. 1 PF 12% 3.67%
A/C No. 2 PF admin a/c 1.10%
A/C No. 10 EPS 8.33%
A/C No. 21 EDLIS a/c 0.50%
A/C No. 22 EDLIS admin a/c 0.01%
Total 12% 13.61%
For ESI, the employee's contribution is 1.75% of the gross salary, with a ceiling limit of Rs 10,000 gross salary. The employer's contribution is 4.75%, making a total of 6.5%.
Thanks,
Shreekanth.P.R
From India, Mumbai
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As per the amendment dated 22/9/1997, both the employee and the employer have to contribute to the PF at 12%. However, the employer has to contribute an extra 1.61%. The breakdown is as follows:
Employee Employer
A/C No. 1 PF 12% 3.67%
A/C No. 2 PF admin a/c 1.10%
A/C No. 10 EPS 8.33%
A/C No. 21 EDLIS a/c 0.50%
A/C No. 22 EDLIS admin a/c 0.01%
Total 12% 13.61%
For ESI, the employee's contribution is 1.75% of the gross salary, with a ceiling limit of Rs 10,000 gross salary. The employer's contribution is 4.75%, making a total of 6.5%.
Thanks,
Shreekanth.P.R
From India, Mumbai
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(Fact Checked)-The employer contribution for PF includes 3.67% to A/C No. 1, 1.10% to PF admin a/c, 8.33% to EPS, 0.50% to EDLIS a/c, and 0.01% to EDLIS admin a/c, totaling 13.61%. For ESI, the employer contribution is 4.75%, making the total 6.5%. (1 Acknowledge point)
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Hi Anitha,
As per the amendment dated 22/9/1997, both the employee and the employer have to contribute to the PF at 12%. However, the employer has to contribute an extra 1.61%. The breakups are as follows:
employee employer
A/C No. 1 PF 12 3.67
A/C No. 2 PF admin a/c 1.10
A/C No. 10 EPS 8.33
A/C No. 21 EDLIS a/c 0.50
A/C No. 22 EDLIS admin a/c 0.01
____________________________________________
12 13.61
For ESI, the employee's contribution is 1.75% of the gross salary, with a ceiling limit of Rs 10,000 gross salary. The employer's contribution is 4.75%, making a total of 6.5%.
Thanks,
Shreekanth.P.R
From India, Mumbai
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As per the amendment dated 22/9/1997, both the employee and the employer have to contribute to the PF at 12%. However, the employer has to contribute an extra 1.61%. The breakups are as follows:
employee employer
A/C No. 1 PF 12 3.67
A/C No. 2 PF admin a/c 1.10
A/C No. 10 EPS 8.33
A/C No. 21 EDLIS a/c 0.50
A/C No. 22 EDLIS admin a/c 0.01
____________________________________________
12 13.61
For ESI, the employee's contribution is 1.75% of the gross salary, with a ceiling limit of Rs 10,000 gross salary. The employer's contribution is 4.75%, making a total of 6.5%.
Thanks,
Shreekanth.P.R
From India, Mumbai
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(Fact Checked)-The employer's PF contribution breakdown provided is correct. However, for ESI, the employer contribution is 3.25%, not 4.75%. Thank you for your detailed response. (1 Acknowledge point)
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Hi Anitha, Only employee’s contribution will be deducted from the pay. Employer’s contribution alsong with the said admin charges will be paid by the company
From India, Bangalore
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From India, Bangalore
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1)for PF 12% from employer side & other administrative charges 1.10 & EDLI charges 0.50 & 0.001 2) Esi charges is 4.75% from employer side
From India, Ahmadabad
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From India, Ahmadabad
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Dear Anita,
ESI contribution is meant for ensuring and providing medical assistance for the employee and their dependents' health. Neither the employee's nor the employer's contribution to ESI accumulation will be available at any cost. However, your and the employer's ESI contributions would assist at the time of availing the below-mentioned benefits:
1. Medical Benefit
2. Disablement Benefit
3. Maternity Benefit
4. Sickness Benefit
5. Dependent Benefit
Thanks, Vedha
From India, Madras
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ESI contribution is meant for ensuring and providing medical assistance for the employee and their dependents' health. Neither the employee's nor the employer's contribution to ESI accumulation will be available at any cost. However, your and the employer's ESI contributions would assist at the time of availing the below-mentioned benefits:
1. Medical Benefit
2. Disablement Benefit
3. Maternity Benefit
4. Sickness Benefit
5. Dependent Benefit
Thanks, Vedha
From India, Madras
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Hi Anitha,
ESIC is calculated on gross salary where the employee contribution is 1.75% on gross and the employer's contribution is 4.75% on gross.
PF is calculated on Basic+DA. The employee contribution is 12%, and the employer contribution is 13.61%. The bifurcation of 13.61% is as follows:
- 8.33% as pension fund.
- 3.67% as provident fund.
- 1.61% comprises PF admin (1.10% calculated on Basic + DA), EDLI (0.5% calculated on Basic + DA), and EDLI admin (0.01%).
For EDLI, if Basic + DA exceeds 6500, the calculation is done based on 6500 only, and the remaining amount will be entered into the provident fund.
I hope this clarifies the breakdown of contributions. Let me know if you need further information.
From India, Thana
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ESIC is calculated on gross salary where the employee contribution is 1.75% on gross and the employer's contribution is 4.75% on gross.
PF is calculated on Basic+DA. The employee contribution is 12%, and the employer contribution is 13.61%. The bifurcation of 13.61% is as follows:
- 8.33% as pension fund.
- 3.67% as provident fund.
- 1.61% comprises PF admin (1.10% calculated on Basic + DA), EDLI (0.5% calculated on Basic + DA), and EDLI admin (0.01%).
For EDLI, if Basic + DA exceeds 6500, the calculation is done based on 6500 only, and the remaining amount will be entered into the provident fund.
I hope this clarifies the breakdown of contributions. Let me know if you need further information.
From India, Thana
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(Fact Checked)-The user reply contains accurate information regarding PF and ESI contributions. Well done! (1 Acknowledge point)
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(Fact Checked)-The user's reply contains accurate information regarding PF and ESI contributions. No corrections needed. Great job! (1 Acknowledge point)
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Hiiiiiiii, Great to know this information from you. Regarding ESI, those employees who get medical facilities & drawn more than 10,000 salary what is it called? Please help me.
From India, Mumbai
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From India, Mumbai
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Hi all,
This is Alpa. I have some queries regarding PF and ESIC. I have left one company and now want to withdraw my PF amount. I want to know the exact amount of PF and also understand how I would receive that amount if I join a new company.
Regarding the ESIC amount, I am unsure. Can you provide me with more information on this?
I am a fresher in the HR field and I am currently studying PGDHRM from Symbiosis University. I am curious if I can secure an HR job in a company with my current studies.
Please suggest me on the above queries. Thank you.
From India, Surat
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This is Alpa. I have some queries regarding PF and ESIC. I have left one company and now want to withdraw my PF amount. I want to know the exact amount of PF and also understand how I would receive that amount if I join a new company.
Regarding the ESIC amount, I am unsure. Can you provide me with more information on this?
I am a fresher in the HR field and I am currently studying PGDHRM from Symbiosis University. I am curious if I can secure an HR job in a company with my current studies.
Please suggest me on the above queries. Thank you.
From India, Surat
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Dear Anita,
First of all, I would like to correct one error in your sentence:
PF is calculated on Basic, not on CTC. ESI is calculated on Gross Salary.
Now, let's address your question regarding the employer's contribution for PF and ESI:
- PF Contribution of Employer: 12% of Basic
- ESI Contribution of Employer: 4.75% of Gross Salary
Regards,
Bhagwan Tolani
Sr. HR, Cosmos Retail
Mumbai
+919784539090
From India, Mumbai
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First of all, I would like to correct one error in your sentence:
PF is calculated on Basic, not on CTC. ESI is calculated on Gross Salary.
Now, let's address your question regarding the employer's contribution for PF and ESI:
- PF Contribution of Employer: 12% of Basic
- ESI Contribution of Employer: 4.75% of Gross Salary
Regards,
Bhagwan Tolani
Sr. HR, Cosmos Retail
Mumbai
+919784539090
From India, Mumbai
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Hi Everybody,
I have gone through everybody's reply; let me clarify a bit more A/c wise.
A/c 1... 15.67% (12% employee share + 3.67% employer share)
A/c 10... 8.33% (Employer share)
A/c 2... 1.10% of wages (Basic + DA)
A/c 21... 0.5% ---do-----
A/c 22... 0.01% ----do-----(subject to a minimum of Rs. 2/-)
Here I am facing a problem also; please do let me know if anyone can help me in this regard. Can anyone guide me on what wages PF is applicable to? So far, my knowledge says it is on normal wages only as mentioned in the above replies. However, we are being asked by PF Authorities to deposit the Contribution on OT Wages also (wherever paid), both Employees' and Employers' share in arrears with Interest and Damages. They are framing us under Sec 7A, Evasion of wages.
Can anyone help us in this matter? How is OT being calculated for PF Contribution and being framed as Evasion of wages? An early reply will be highly appreciated.
Thanks
Regards,
Harminder Singh
From India, Raurkela
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I have gone through everybody's reply; let me clarify a bit more A/c wise.
A/c 1... 15.67% (12% employee share + 3.67% employer share)
A/c 10... 8.33% (Employer share)
A/c 2... 1.10% of wages (Basic + DA)
A/c 21... 0.5% ---do-----
A/c 22... 0.01% ----do-----(subject to a minimum of Rs. 2/-)
Here I am facing a problem also; please do let me know if anyone can help me in this regard. Can anyone guide me on what wages PF is applicable to? So far, my knowledge says it is on normal wages only as mentioned in the above replies. However, we are being asked by PF Authorities to deposit the Contribution on OT Wages also (wherever paid), both Employees' and Employers' share in arrears with Interest and Damages. They are framing us under Sec 7A, Evasion of wages.
Can anyone help us in this matter? How is OT being calculated for PF Contribution and being framed as Evasion of wages? An early reply will be highly appreciated.
Thanks
Regards,
Harminder Singh
From India, Raurkela
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(Fact Checked)-[response] The PF is applicable on basic wages, dearness allowance, and retaining allowance. Overtime wages are included for PF calculation. (1 Acknowledge point)
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Dear Anita,
Please understand the whole process of PF & ESIC by reading the books available in the market. Senior persons will guide you on any matter in your career that can help solve your problems. However, for this, you have to put in extra effort for your basic preparation in any subject.
The answer to your question is that there are deductions of PF & ESIC contributions from employees' salaries. When depositing the share of PF & ESIC via challans, employers' contributions are calculated (for PF 13.61% & ESIC 4.75%) and both the shares (employee & employer) are deposited in the bank. PF is divided into five accounts: A/c1 (3.67% & 12%), A/c2 (1.10%), A/c10 (8.33%), A/c21 (0.5%), and A/c22 (0.01%).
To understand these calculations, you will have to prepare challans of your organization by yourself. Get them checked by your senior or consultant because there are very small details to consider in these calculations.
Vinay Shedge
9850062122
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Please understand the whole process of PF & ESIC by reading the books available in the market. Senior persons will guide you on any matter in your career that can help solve your problems. However, for this, you have to put in extra effort for your basic preparation in any subject.
The answer to your question is that there are deductions of PF & ESIC contributions from employees' salaries. When depositing the share of PF & ESIC via challans, employers' contributions are calculated (for PF 13.61% & ESIC 4.75%) and both the shares (employee & employer) are deposited in the bank. PF is divided into five accounts: A/c1 (3.67% & 12%), A/c2 (1.10%), A/c10 (8.33%), A/c21 (0.5%), and A/c22 (0.01%).
To understand these calculations, you will have to prepare challans of your organization by yourself. Get them checked by your senior or consultant because there are very small details to consider in these calculations.
Vinay Shedge
9850062122
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GOI Proposal for reduction in ESI Contributions.p df
PF contributions[8 7].docx
ESI & PF CALCULATION.xls
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(Fact Checked)-The Employee's State Insurance (ESI) cannot be withdrawn by the employee. It is a social security scheme providing medical benefits. (1 Acknowledge point)