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Question
`How to Calculate the ESI,PF?it is basic Salary or Gross Salary?`
Question Submitted By :: Mahesh
I also faced this Question!!     Rank Answer Posted By

Re: How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
# 51
basic salary
 Is This Answer Correct ? 41 Yes 14 No
Stalin

Re: How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
# 52
ESI CALCULATE FROM GROSS;CONTRIBUTION OF ESI
EMPLOYEE 1.75%
EMPLOYER 4.75%

PF CACULATE FROM DA,BASIC;CONTRIBUTION OF PF
EMPLOYEE 12%
EMPLOYER 13.61%

 Is This Answer Correct ? 51 Yes 7 No
Nagaraj.p

Re: How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
# 53
esi calculate on basic salary
ESI-9000*1.75/100=157.50
and same way PF also basic salary-9000(per monthly)
PF-9000*12/100=1080.
9000-1080=7920

 Is This Answer Correct ? 17 Yes 29 No
G.raveendra Reddy

Re: How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
# 54
HI FRIENDS,

ESIC - Gross salary is more then 10000/- Then the employee is not applicable for esi

Employee contribution - 1.75%
Employer Contribution - 4.75%

EPF - pf Calculate Basic + Da (Min 6500, Pension Calculation Is 6500 only
Employee contribution -12%
Employer contribution 8.33% is pension scheme,
3.67% for PF.
THANK YOU.

 Is This Answer Correct ? 23 Yes 3 No
Iyanar V

Re: How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
# 55
Esi Calculated on gross Salary upto 15,000rs.
PF is contribution of employee 12% of basic salary.

 Is This Answer Correct ? 23 Yes 4 No
Mohan Krishna

Re: How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
# 56
Hi friends!
After viewing the very good efforts from your side I think
I should also contribute something.
Well...

Any organization having minimum 10 employees, PF
registration is must and less than that the company will go
for a volunteer registration.

PF (Provident Fund)can be calculated on 12% of Basic+DA.
for example: If Basic+DA=6500/-
Then 12% of 6500=780/- can be deducted

Both employer and employee contribute 12% for PF.
From 12% of employer's contribution 8.33% goes for EPS
(Employee Pension Scheme) & 3.67% goes for EPF (Empoyee
Provident Fund).

And the Basic+DA should not exceed standard basic
i.e.,6500/- per month for employer's contribution of 12%.

If it exceeds then the employer can take exemption on his
whole 12% contribution.But in some cases the companies opt
to contribute but the contribution should be restricted to
12% of 6500/- (standard basic) only.

But the employee contribution of 12% is based on actual
Basic+DA.
For example: If Basic+DA=7000/- (exceeds standard basic of
6500/-)
Then, Employer's 12% contribution is
calculated on 6500/- (standard basic)
& employee's 12% calculation is calculated on
7000/- (actual basic)

And ESI (Employee State Insurance)is deducted every month
for employees, whose gross salary is not more than 10,000/-
Employee's contribution=1.75% of gross salary
Employer's contribution=4.75/% of gross salary

 Is This Answer Correct ? 15 Yes 4 No

Re: How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
# 57
PF IS CALCULATED ON BASIC SALARY.
ESI IS CALCULATED ON GROSS SALARY. IF GROSS SALARY IS
EXCEEDS Rs. 10000/-, THE PERSON IS NOT COMES UNDER ESI
SCHEME AND NO NEED TO PAY ESI. OTHERWISE EMPLOYER
CONTRIBUTE 1.25% AND EMPLOYEE CONTRIBUTE 4.75% ON TOTAL
GROSS SALARY.

 Is This Answer Correct ? 3 Yes 9 No
T Brahma Naidu

Re: How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
# 58
ESI contribution from Employee side = 1.75% of gross/month.
ESI contribution from Employer side = 4.75% of gross/month.
Total Contribution towards ESI = 6.5%

PF : PF is deducted on Basic Salary i.e. Basic + D.A.
(Dearness Allowances) is Rs. 6,500/- or less above that PF
if not deducted.

Employee - 12% (of basic + D.A. and food concession
allwances and retaining allowance, if any)

 Is This Answer Correct ? 8 Yes 2 No
Sushil Choudhary

Re: How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
# 59
Dear Friends,
PF is calculated on basic salary and it's 12% of basic.And
if basic is more than 6500 then also it is deducted 780 is
the maximum limit.

It's due to ceiling of 6500/-.
But in some firms 780/- is not limit there is deduction of
exact 12% of basic if my basic salary is 11500 then there
is deduction of 1380/- if an employee wants to deduct his
pf more than 780. he can do this.while basic is 11500,but
employer's contribution 8.33 % calculate on 6500.

And in PF there is contribution from emloyer also.
If my PF is deducted 780/-then Employer will also
contribute 780/-.But whole this 780 is not going to PF
account.Out of 12% of employer contribution 8.33% is
contributed for pension scheme and 3.67% for PF.

And ESIC is calculated on gross salary.
If gross salary is more then 10000/- then the employee is
not applicable for ESIC.ESIC is deducted as 1.75% of gross
salary of employee.In ESIC also there is Employer's
contribution and it is 4.75% of gross salary. but now esi
gross limit increase 10000 to 15000 so esi is calculated on
gross limit 15000.

 Is This Answer Correct ? 6 Yes 1 No
Amit Kumar

Re: How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
# 60
PF calculate on Basic +DA, ( Limit 6500/- ) .There is
option if Basic and DA is 11000/- P.F. calculate 12% i.e.
1320/- but pension scheme calculate on Rs. 6500/- i.e.
maximum limit Rs. 541/-
ESIC on gross salary, limit 15000/-

If you cant understand please mail me for further details,
( pijush_halder56@yahoo.com )

 Is This Answer Correct ? 3 Yes 0 No
Pijush Haldar

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