Esi and epf wage components

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Noor Ahammad (Querist)
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08 March 2017 Dear All,

Greetings!

can you please provide the brief explanation regarding ESI and EPF Salary components, what are the wage components can be calculated for ESI and EPF (Minimum to Maximum amount) and which component will come under tax. and what is the tax percentage. please guide on this.

Thanks in advance

Regarding,
Ahammad

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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08 March 2017 ESI is Applicable Gross salary ceiling limit Upto Rs.21000/- employee share 1.75% and employers share 4.75% .
PF is applicable Upto Rs.15000/- Basic +DA, Employee share 12%, out of which 8.33% for pension and 3.67% on PF.
Employers share 12% +1.36 towards Administrative and other chgs.

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Noor Ahammad

Noor Ahammad (Querist)
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09 March 2017 Dear Kaviraja sir,

Thank you very much for your quick reply,

can you please let me know what are the components will be taxable and non-taxable in with numbers.

how many wage components we have?

Thanks in advance

Regarding,
Ahammad.sk

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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09 March 2017 CA-1600 PM, MA-1250 PM is not taxable FA Sodexo-2600 PM is not taxable.

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