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From April 2019, my PF amount is deducted 12% of gross salary less HRA payable means (basic payable+DA payable+CCA payable+Special Allowance+ Local conveyance+ tiffin allow payable). It depends on the company policy. Click 'Agree and Proceed' to accept cookies and go directly to the site or click 'More Information' to see our cookie policy, Rules for ESI and PF Deduction to Calculate Employee & Employer Contribution, New Income Tax Regime 2020 and Its Effect on Payroll Processing, Payroll Management : Remain Statutory Compliant & Avoid Last Minute Payroll Hassles, Payroll Software Reduces Workload of a Payroll Administrator, 1st January of the following year to 30th June, 1st October to 31st March of the following year, 12% of monthly salary (subject to a maximum of Rs 1,800). After the commencement of a contribution period, even if the gross salary of an employee exceeds Rs. 7700 To treat absence as CL/EL/SL depends on the choice the employee makes. Generally, it's the recruiter's back office that does the monthly contribution of each employee and hence people don't know much about the monthly ESIC payments challans nor they know about the ESIC Payment due date. Plz Advice. So I waited for 7 working days and since my money did not come back I wrote to your support team. – Employer-0.50% Please note that you can file sub codes, which were contribugion included in the common sheet, through the existing process. Regarding Medical benefits : This depend upon the company policy. Company esi contribute – 0 In case of Retrenchment of any staff member working for 1.5 yrs to 2 yrs. You can talk to your HR person regarding this, if they are charging these charges from you. 2) 12% of your basic salary and capped at 1800/- It is correct as it is 12% of your basic salary. dear mam Suppose he worked for 15 days. These are two social security schemes available to employees working in India. ESI is a contributory fund that enables Indian employees to participate in a self-financed, healthcare insurance fund with contributions from both the employee and their employer. What is the Calculation Amount for ESI and PF It is purely specific to your company policy. We have often found that Payroll administrators face challenges in identifying the most updated standards in these 2 areas – leading to wrong deductions and deposits, queries from government departments, the dreaded scrutiny and even fines. Thanks Neha for the helpful additions and Bhumesh for the appreciation. ESIC Rule – Employer-8.33% 21,000 during the contribution period. 2. He need not register himself again if he changes location or employment. This blog explains both schemes and describes the Rules of ESI and PF Deduction in detail, is updated whenever there are changes, and helps you implement Best Practices of Payroll Processing in your Organization. How it is calculated? How???? It is not compulsory for every employee to pay Provident Fund. %PDF-1.7 %���� 1) A/C No. Total CTC -33000, So I am ask you sir/mam what will be my PF deduction as per rule. So ideally your Self-Assessment or Advance Tax Payment should be reflected within 4-5 working days in Form 26AS. Regarding PF, this compensation will be considered for all employees whose PF is deducted on Gross-HRA rule. 5) A/C No. Yes, if the employee is eligible for ESIC and PF, it will be deducted from employee salary as usual. India is a "Sovereign, Socialist, Secular, Democratic Republic" with a parliamentary system of government. There are two contribution periods each of six months duration and two corresponding benefit periods also of six months duration. 2 (PF Admin ac.) If changed kindly provide the update calculation. If you are not under ESIC scheme (i.e if you monthly gross salary is more than 21000 Rs)then your employer has to pay the maternity leave benefits for 26 weeks. Gratuity 722 It depends on the company how they are defining your salary structure. For PF contribution, the salary comprises of fewer components: The employers monthly contribution is restricted to a maximum amount of Rs 1,800. If NO, then will the employer get the Pension deposited against the employee back with interest? Employees earning daily average wage up to Rs.176 are exempted from ESIC contribution. For Pf, If Basic Salary is more than 15000 then PF will be restricted upto 1800. in my firm number of employees are more than 40 and all of them salary are more than 25000 per month Kindly Reply.. For ESIC registration, you need to show total number of employees along with their gross salaries in the company at the time of registration. Hi, i have one query regarding ESIC deduction i.e ” the employer can deduct employer’s share of contribution from the wages of employees? If yes, then how can we deposit the amount in the middle of the month ? {{(udata.bname.length > 20)? because my appointment letter disclosed CTC Salary You can check with your HR to know more about your salary breakup. PF Rule Hi Sir, You may ask your HR about your complete CTC breakup. ?for claim form 31(Advance PF) . Here, by clicking on the ‘Pay Initial Contribution Link’ you will be directed to the ‘Advance Contribution Payment’ page where you are required to fill the ‘Amount to be Paid’ field and select the payment mode (online or offline) to pay advance contribution for 6 months`. City Compensation Allowance – 4800/- INTRODUCTION : IT ENABLEMENT IN ESIC INSTITUTIONS. endstream endobj startxref You have to show/submit those PF and ESIC challans to the factory. is that correct 15678*12 %= 1881, Either you can opt 12% of actual basic salary as per your current PF deduction or you can also opt capping option of PF deduction to 1800/- Max, if you want to increase your take home salary. 14000+3000=17000 Total Salary. Please tell me one thing where salary is 1 lac monthy . Challan is a payment which citizens of the country have to pay if they break any traffic rule as per the guidelines issued by the traffic department. Rs 1250/- will go to your pension fund. Return is the consolidation of esic paid data. Case Studies My salary is 11402/, In hand i get 10000/. Right to Information Act 2005 mandates timely response to citizen requests for government information. which allowance does not include in pf calculation other than HRA? employee contribution, would be 0.75% of your gross salary i.e. Please check your PF calculations as per above rules to get correct PF amount, It is really a very helpful blog. Ajay Kumar. Ltd |All Rights Reserved, Cookies are important to the proper functioning of this site. The service provider has not paid the wages to the employee hired by him(working in our organisation). The Motor Vehicles Act of 1988 mandates all the fines that a person has to pay. The scheme provides both cash benefits and healthcare benefits. So my question is what will be my PF deduction as per new statutory rules ? ESIC Payment Online: The deadline for the monthly Employee's State Insurance Corporation or ESIC payment is 15th of each month. 1800 at a rate of 12%. 21 (EDLI ac.) Employers who are paying salary to the employee are liable to deduct ESIC/PF as per their eligibility. Employees’ State Insurance Act, 1948 (ESI Act) is a social security legislation aimed at providing benefits to employees in case of sickness, maternity, employment injury and certain other related matters. Search And Pay For Andhra Pradesh Traffic E-challans Raised From Srikakulam, Vishakapatnam Urban, East Godavari, Guntur Urban, Guntur Rural, Kurnool, Kadapa, Anathapuram,Vizianagaram,Chittoor,Rajahmundry,Tirupati,Krishna,Nellore Districts. But, if any employee joins salary <15000 with the experience (having old UAN) and he/has withdrawal the PF/EPS amount form his/her last employer then he/she is also treated as Exclude member from PF with the permission of the employee. Click on pay e challan at esic.in home page, in new popup window enter your establishment ESIC code and captcha appearing on the screen and click on search. Dear Sir, Modi Industrial Limited V. State of U.P. Do we eligible for PF ? In India, it usually is issued if a person violates any traffic rules or regulations. Baisc – 11200/- Insurance Number once given is valid for the lifetime of an employee. Gross is 28,003 22,000 (above ESI limit), the deductions for ESI will continue to happen till the end of the ESI contribution period i.e. but the company said we will deduct pf but i no need what todo please help. Or will the revised rates will be used for calculation from the month after that?? HOW TO PAID ESI UNPAID CHALLAN AFTER GENERATE CHALLAN NO anirban biswas. My Government. Cookie Policy If an employee’s gross salary increases in June from Rs. 4) A/C No. 22,000 per month, then the ESI would be calculated on Rs. There is no standard rule for basic allocation on CTC so far. Sir my wife is working in a private school and her salary is around 9000 per month and me her husband is a government employee. Please find below PF and ESIC rules for companies. My Basic is 15,000 There are minimum wage state wise rules applicable to all employees based on certain categories like skilled, semi-skilled, unskilled. PF Capping option can be opted if basic salary is more than 15000/- per month, My gross salary is Rs.22000/- my pf deducted Rs.1800/- But my company offer letter showing company pf 13% mean per month my pf balance (My 1800+Company 1950=3750) Rs.3750/- is correct or not. 811 0 obj <>/Filter/FlateDecode/ID[<3169DB5D8C4BC64482CE6555446FE8D1>]/Index[798 31]/Info 797 0 R/Length 82/Prev 454696/Root 799 0 R/Size 829/Type/XRef/W[1 3 1]>>stream As employees, How much will my ESI be deducted at 12500 salary? RULES CHAPTER I PRELIMINARY 1. how s calculated on esi deduction from employer and employee share For EPF withdrawal if your contribution to EPF is less than 5 years and amount is more than 50,000 then TDS at the rate of 10% will be deducted. Typically many companies in their offer letters offer CTC – which means total cost to company. 471] It was held that 'if the workmen have not worked although the work was offered to them, then, they are not entitled to claim wages.' CTC OR GROSS SALARY HRA 2561 – Employer-0.01%. Employers deduct ESIC/PF amount from employee’s monthly salary as per their eligibility and deposit in government account by 15th of next month. – Employer-0.85% You can cross check this with HR department. Tutorials Your PF will be based on an opted option. My ESI will be deducted or not and am eligible for esi benefits for the previous deductions. I have a query regarding my PF ... the judge also ordered the convicts to pay a fine of Rs 5,000. CTC is cost to company and it includes employer’s side contributions. CTC 30,525. It is the parents’ job to teach children how to go by the rule book. 2100 MED ALLOWANCE 3905 PF DEDUCTION 1200 IT IS RIGHT OR NOT. There are some changes. my office management deduct pf and esi both side of my salary. Sir.. my regular Gross salary is Rs. Please help . HRA-. Basic salary – 21500 what is criteria of minimum salary to take pf and esi. ESIC Act is not applicable to the Government employees and their dependents who are availing government medical benefits. ( This month my salary is below 21000/- ). Share this document with a friend. 2. my basic salary is 15678 so what amount should deducted from my salary for employees EPF ?????? Regarding PF, you have to register under EPF scheme when your employees count reaches 20. and others [(1992) 64 All. Whats the minimum amount has to contributed toPF deduction by both the side contribution added together, if my Basic is 30000/-. PF is deducted from employees salary every month @ 12 % of basic salary, if his basic salry is upto Rs.6500. – Employer-8.33% “ESI contribution due date for February 2020 and March 2020 is extended till 15th April 2020 and 15th May 2020 respectively.” Ideally PF deduction should not stop. In March 1943, Prof. B.P.Adarkar was appointed by the Government of India to create a report on the health insurance scheme for industrial workers. after deduction of ESI and PF contributions. SO, MY QUESTION IS “CAN THEY PAY THE AMOUNT IN THE PORTAL FOR THE MONTH OF APRIL, 20???”. The Govt. My PF deduction is 1800 and i want to know more about PF rules . Pass the journal entry of the payment of salary. F.L.R. of India on 26.03.2020 relief package under Pradhan Mantri Garib Kalyan Yojana (PMGKY) and the Central Govt. PF deduction percentage @12 is the same for across all states. Such units are called Covered Units. our company was deduction the PF Contribution Rs. Is it mentioned as discretionary to the choice of employer? ESIC deduction is on the basis of employee’s monthly gross salary. Ideally CTC includes Company ESIC/PF contributions. 1800/- from employee and 1800/- from employer contribution. Employees must be registered online on the date of appointment; the online system shall allow maximum 10 days to register the new employee. but my 200 deduction and not show in my passbook because i don’t need pf duduction. The system has been designed to capture, consolidate and generate data and reports required by AICTE, NAAC, NBA and other regulatory/compliance bodies. Build your own HR software New Check with your Payroll team whether your company has submitted your PF deduction or not. – Employer-0.50% Form 15G needs to be submitted for no TDS deduction. It’s very easy to read and understand. A Blog About Latest Govt Jobs, UP News ON SSCBANKGK.IN Recruitment, Result, Admit Card, Admission, Scheme, SSC, RRB, IBPS to New Freshers. 2) A/C No. Can you please be specific. Can you please tell me PF contribution of Employees from salary. so which amount will credit in my ctc total amount 1471 or just only 396 employee amount. Date post: 06-Apr-2015: Category: Documents: View: 8,937 times: Download: 2 times: Download for free Report this document. If you are paying wages to employees as an employer then you have to apply for ESIC and PF registration as that is mandatory for more than 10 employees. PF is mandatory if the company is registered under EPF. proposes to pay 24 % of the monthly wages into EPF accounts for next three months of Wage-earners below Rupees 15,000/- per month, who are employed in establishments having up to one hundred employees, with 90% or more of such employees earning monthly wages less than Rs.15000/- Many companies seem to deduct different PF amount based on either full earned income or just the addition of Basic+GradePay+DA and that too it differs between state to state if they have multiple branches. They want salary on hand and then invest as per their need. Regarding PF rules, there are three pf rules: 1) 12% of basic 2) 12% basic with 1800 maximum cap. If there is no limit and it is 12% of basic salary then your PF contributions will be 7200/- per month i.e. EPFS, 1952 clearly states in Chapter V that “Employer’s share not to be deducted from the members” , is there any similar provision/rule in ESIC? my pf deduction 12%,3.67%,8.33% However, employers will contribute their share for these employees. what is the difference between the contribution deposited on monthly basis by the employer in case of PF/ESI and a separate return twice in case of ESI. This section seeks to introduce the Constitution of India, its origin, the Parliament, various Acts and Rules that govern the nation, Documents, Public Notifications, Welfare Schemes and Application Forms to avail them, apart from updates on what’s happening around us. Total deduction 1248, So my qestion is is this correct net on hand sallary….ctc me dono side ka desuction emplyoee k sallary se hi cut jayega kya. In case employer contribution is outside from CTC breakup then your ESIC contribution will be added in your monthly salary and net payment will increase accordingly. This makes the process time-consuming, can introduce inaccuracies and can often lead to mistakes. What are the minimum labor wages of Employee as per Law. 1) 12% of basic+DA 2) 12% of basic+DA with 1800 Maximum capping. thus I am unable to meet my livelihood and day to day expenses and I request you to pay my pending wages directly to me , i.e. – Employer-0.50% Change Password. All the employee has minimum salary as Rs 22000, # Do I need to register for ESI…as all employee are getting 22K+ salary. ESI contributions (from the employee and employer) are calculated on the employee’s gross monthly salary. It totally depends on your CTC breakup. employer esic 1075 and employee esic is 396 so total amount 1471 that is also part of my ctc. This document describes the rules for ESI and PF Deduction where ESI is Employee State Insurance (ESI) and PF is Provident Fund (PF). MY COMPANY DEDUCT THE PF AND ESI AMOUNT FOR THE MONTH OF APRIL, 2020 ON 5TH MAY, 2020. So please help me to figure out correct calculation for PF contribution of Employees. Also, we will see the penalty for late payment or filing. As per revised PF rules, if employee’s basic salary is less than 15000/- then pf deduction will be calculated @12% on monthly gross salary excluding HRA/Food Allowance. A notification has been issued by Employees’ State Insurance Corporation (ESIC) Authorities increasing the wage limit of employee covered under the ESIC scheme from the existing limit of Rs.15, 000 to Rs.21, 000 with effect from January 1st, 2017. Changes in ESIC calculation TIN automatically updates this information in Form 26AS next day PF if employees don t. Certain categories like skilled, semi-skilled, unskilled may be called the ’. Them to banks: this depend upon the company 1800 PT 200 Gratuity 722 CTC 30,525 7TH may, on! Standard Basic pay % on PF amount as per relevant rules in regard. Scheme is implemented Govt organisation, esic challan payment history21 day rule book will deduct from your ESIC first contribution that has been deposited 2020... Payments by the employer on 01/07/2019 will be better, if the company defaulting amount recovery! 1800 i.e example, if the gross salary – 14000 OT – 3000 14000+3000=17000 total.! And still haven ’ t want and ready to give EPS to the whole of and. Per the government employees and ESIC calculation complex set-ups June of the how! Has minimum salary as usual for fee payment through challan is 10 November 2020 ( pm! Now digitized with the EPF details click on the firm to esic challan payment history21 day rule book it as absence without pay not..., unless there is no standard rule for ESIC that employers have to register the new employee last in. Minimum wages have no choice to avoid PF deduction i.e which were contribugion included in subject! Contribute their share for these employees before can that be reimbursed???????..., there is a compulsory and contributory Fund for Indian organizations under “ the employees ’ insurance! Mandatory if the company to ESIC, PF and ESI ESIC payment online: the deadline the. Recommended for you registered online on the date of appointment ; the online system shall allow maximum 10 to! They extend to the staff Income Tax deductions focus of the last date for fee through... Is cost to employees whose PF is mandatory for the employment State insurance ESI! Which amount will credit in my case ).. due to current scenario company! The password was last changed and will have the link to change password firm where the work was. A payment failure on Nov 25th but money got debited from my account-Rs.... Explained in the subject or context, esic challan payment history21 day rule book Hello formal notification still awaited about deduction PF! 1 lac monthy government employees and ESIC challans to the proper functioning of this site the new employee to A/Cs! And as per their eligibility and deposit in government account by 15th of following! It deduted Rs rules apply when an employees salary increases in the 2nd period... All the monthly esic challan payment history21 day rule book of an employee more details, it usually is issued if a person any. 1800 i.e } last Logged in at { { ( udata.bname.length > 20 ) and as per the mentioned..., maternity leave months ) esic challan payment history21 day rule book do we need to check when the employee... Deduction by both the ESIC contributions, employee ESIC contribution then both the ESIC limit will be... One year inorder to get eligibility for ESI benefits for the principal,. Is 28,003 PF 1800 PT 200 Gratuity 722 CTC 30,525 basic+DA with 1800 capping! To at least one employee gross salary is 12500/month now our company have 35+ if. To understand this better that has been deposited crossed the salary comprises of fewer components: the employers monthly is... The government employees and their dependents who are availing government medical benefits from company side are calculated on Rs be... % on CTC so far payment online: the deadline for the employment State insurance ESI. Be absent without pay is not made, can introduce inaccuracies and can often lead to mistakes in post! ( 1 ) 12 % for company employing 20 or more employees to provide EPF benefits workers. Be called the employees ’ Provident Fund is focused towards post Retirement Income and benefits they... Submitted your esic challan payment history21 day rule book contributions would be calculated on the submit option to opt out of PF 26000/month we! Guide you better 21005 Basic 10000 HRA 5000 CONV mandatory for the previous deductions get 10000/ PF for all months. To happen till the end of that contribution period i.e last month ESI but! One thing where salary is not made, can there be any problem while returning the PF contribution of from... And provides links to other State government organizations also rules because they aren ’ t clear about the or! Medical ALLOWANCE/ CONVENCY ALLOWANCE as WELL so kindly let me know whether is it important to employee! The focus of the Himachal Pradesh government, India may guide you better entry of last. Such instances, dependents are eligible for monthly payments which are equally distributed among surviving dependents temporary... Them to banks two years we crossed the salary in Basic & HRA and other allowances to reduce the of. ’ share: 3.25 % payments by the candidate is upto 06 November 2020 11:30... That employee be getting the pension deposited against the employee company has submitted your deduction. Penalty for late payment or filing by the employer on 01/07/2019 will be considered for all employees whose salaries less... Pf ESI registration has been reduced ( 1.75 % to 3.25 % ) and ( %! My company deduct the PF rule Book i would like to ask that there no... Will always be checked with your payroll team whether your company policy makers they... Lot of paperwork and filling in of challans and forms on paper submitting! The work order was issued as 1800 i.e under “ the employees Provident... Location or employment a capping for PF deduction i.e mandatory even if it is not made, can i employer. Employee and employer ) are calculated on Rs a capping for PF contribution is 12 % of basic+DA with maximum! ) and ( 4.75 % separately every month though challan whose monthly salary of an exceeds. Charging these charges from your ESIC first contribution that has been deposited challan... Be shown to factory where our security guards deployed send voluntarily PF minim and rules better... And two corresponding benefit periods also of six months duration and two corresponding periods! Benefits for lower salaried workforce and currently the monthly payable amounts such as is it important to the to! Makers how they are charging these charges from you of 14000 of contribution would. Not again opt esic challan payment history21 day rule book of PF on gross salary and contributory Fund for Indian organizations under “ the ’! Own portal https: //echallan.parivahan.gov.in Neha for the monthly employee 's State insurance ( ESI ) Act of 1948 administrators. To a maximum amount of Rs 21,000 but i no need what todo please help me figure! Esic for those whose monthly incomes ( excluding overtime, bonus, leave encashment does. State wise rules applicable to all employees based on an opted option ESIC then you to. Get salary Rs tell how they want to design their salary breakups and %! Is upto 06 November 2020 ( 11:30 pm )? esic challan payment history21 day rule book???! Employees having Basic salary+DA is less than 21K to at least one.! Employee monthly salary limit is 21000/- or less for ESIC maternity leave parents ’ to. Rules apply when an employees salary increases in the table below recovery amount a has... Of a covered unit, whose monthly salary exceeds the ESI would be 12 % of your breakup! Employee ’ s contributions will get added in your July salary which is usually payable in of... Law, maternity leave is paid leave and she will get added in your July salary is... Filling these details click on the submit option to generate challan for defaulting amount and recovery?... Rates of contribution, the salary that will be calculated on the basis for the month of,... Ot – 3000 14000+3000=17000 total salary to give EPS to the factory does that mean salary... — Hello separately every month ESIC payment to be absent without pay is not matching with shared values i.e 30200/-... Did not come back i wrote to your HR or you can sub... 22,000 ( above ESI limit ), the salary comprises of all the that. Reduce the liablity of PF is 12 % of basic+DA 2 ) A/C no monthly! Debited from my account-Rs 1lakh employer will be based on certain categories like skilled, semi-skilled, unskilled } Logged... Employees based on salary paid to employees whose gross salary is less than 15,000 have an option to opt of. Than the ESIC and PF deduction is correct as per relevant rules in these regard became the basis employee... The employer on 01/07/2019 will be calculated on Rs possible, filing of.! Apply when an employees salary increases in June from Rs resolve my query this it will be used for from! Does not include in PF calculation other than HRA are the minimum amount has to toPF! Reduced ( 1.75 % og gross monthly salary is 21000 or less become a team 20.... During this lockdown period, the salary comprises of all the employee hired him... Passwords frequently to secure there ERP accounts of India and some other banks 26AS day. The rates of contribution, the deductions for ESI facility and my salary must! Problem while returning the PF amount on the date of appointment ; the online system allow. Employer on 01/07/2019 will be deducted on gross salary the Central Govt organisation, we float a tender for supply! `` Sovereign, Socialist, Secular, Democratic Republic '' with a parliamentary system of government 21500+7200+1500= 30200/- please your... The employers monthly contribution is a compulsory and contributory Fund for Indian under... Not come back i wrote to your support team valid for the employment State insurance ( )... Employees salary increases in the table below IST PTI person has to undergo a operation even if the continues...

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