How to calculate PF and ESI - kindly explain with examples
From India, Jubilee Hills
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From India, Jubilee Hills
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Hi,
PF will be deducted at 12% on Basic Salary + DA and special allowances. (Max. salary limit $15,000) ESI will be deducted at 1.75% from the employee and 4.75% from the employer. Effective from 01.07.2019, it will be 0.75% from the employee and 3.25% from the employer. (Max. salary limit $21,000)
Kindly find the attachment for an example.
From India, Jabalpur
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14PF will be deducted at 12% on Basic Salary + DA and special allowances. (Max. salary limit $15,000) ESI will be deducted at 1.75% from the employee and 4.75% from the employer. Effective from 01.07.2019, it will be 0.75% from the employee and 3.25% from the employer. (Max. salary limit $21,000)
Kindly find the attachment for an example.
From India, Jabalpur
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Calculation of PF ESI Damages (Latest).xls