Answer / krishna deep

Pf is calculated on basic salary @12% towards employee contribution only whenever the basic salary increases Rs15000/- pm.
ESI will be contributed by an emplolyee @ 1.75% pm on his gross salary. Gross salary was restricted to Rs 21000/- pm

Answer / ganesh datt

ESI will be calculate on Gross Salary upto 21000/- & PF will
be calculate on Basic Salary upto 15000/-

Answer / koushik r

my salary is 19800 as ESI they r deducting 975 wt i must do

Answer / avijit roy

And ESI (Employee State Insurance)is deducted every month
for employees, whose gross salary is not more than 15,000/-
Employee's contribution=1.75% of gross salary
Employer's contribution=4.75/% of gross salary

Answer / chiranjeevi

Hi folks,
As per F.Y 2017 18 ,
PF - we'll Calculate on basic ( 12% on basic) or limit to 1800, if more than 15000 basic per month.

ESI - Effective from 1st Jan 2017, Whose gross earnings are less than 21000, Employees who are under ESI coverage.

Answer / swetha

Ya here you see that salary is included with Basic+Dearness
Allowances.so for every one PF is 12% and ESI is 1.75%.
I would like to give you a better example.
Example is 5500/-
Gross salary is 5500*40%=2200-5500 = 3300
PF:- 3300*12% = 396
ESI:- 3300*1.75 = 57.75
According to PF slab
5001-6001=60
so finally 5500-396-57.75-60 = 5043 so the salary we get
after deductions is 5043.

Answer / shilpa

Esi is calculated on a Gross salary & PF is calaculated on
Basic Salary.

Answer / arun

EPF= 12% From Employee
12% From Employer

(60% from fixed salary = Basic Salary
Basic Salary *12/100= EPF From Employee Side)

Answer / anoop sharma

PF calculated on the basic+ DA*12%.

Answer / r. sheela

Basic salary 12%
Gross salary 1.75

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