Pf esi

This query is : Resolved

Santosh Kumar Ghosh (Querist)
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20 March 2018 Hi,

Need your kind advice.

Should one with gross salary of Rs. 34500/- become eligible for Pf & ESI.
Basic Pay =10,350.00
Special Allowance=14,400.00
Medical Reimbursement=1,250.00
Leave Travel Allowance=1,725.00
Transport Allowance=1,600.00
HRA=5,175.00

Please suggest what could be the salary structure and payslip template in Excel.

AVDHESH SINGH

AVDHESH SINGH (Expert)
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20 March 2018 as on today ESI limit is 21000 on gross hence not eligible for ESI but as basic salary is below 15000/- in this case he is eligible foe EPF. also even if salary is more than 15000/- but employers is ready to deduct and contribute than there is no objection from EPF department.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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20 March 2018 Gross salary exceeds threshold limit Rs
21000/- so ESI not applicable.
PF Limit Basic+DA Rs.15000 salary Since your BASIC less than Rs.15000/- Employer can either restrict Maximum PF to the extent of Basic+DA Rs.15000 or he can exempt you from deduction if your salary Exceeds Rs.15000/- full PF it all depends on organisation policy.

Santosh Kumar Ghosh

Santosh Kumar Ghosh (Querist)
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21 March 2018 Thanks for your reply, but I get this info on few website that for PF eligibility criteria is where Basic + Special allowance < 15000. Please clarify.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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22 March 2018 if allowance is not Specified than same they will consider for PF Salary

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