Home > Experts > Others > Present rate of ESI and PF


Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Present rate of ESI and PF (Others)

Report Abuse
This query is : Resolved

Author : Anonymous

( Author )
01 February 2010

Pls tell me the present rate of PF and ESI rate and also i want to know about Gratuity rate


Kamlesh Chokhani

( Expert )
01 February 2010

A. PF Employee Contribution 12% of salary
B. Employer's Contribution
PF 3.67% of salary
Pension ( Max salary limit Rs. 6500) 8.335% of salary

Admin. Charges for EPF ( A/c No-2) 1.10% of PF wages

EDLI ( A/c No-21) 0.50% of pension wages

Admin Charges for EDLI ( A/c No 22) 0.01% of pension wagees

Salary- Basic plus DA


There is limit of rs. 6500 for calculation pension contribution i.e it can be maximum Rs. 541) suppose salary of A is Rs. 100000. In this case employee contribution will be Rs. 1200 ( 12% of rs. 10000), Employeres contribution to pension will be Rs. Rs. 541 ( Rs 6500* 8.33% and balance Rs. 659 ( 1200-541) is employers contribution to PF.

Other may reply on ESI and gratuity.



thanks


kamlesh



Previous

Next

You need to be the querist or approved CAclub expert to take part in this query .


Click here to login ( Members Login ) now


Similar Resolved Queries :







submit










Quick Links





back to the top