22,000 instead of Rs. You can check with your HR to know more about your salary breakup. It is correct as it is 12% of your basic salary. If your company is considering revised PF rules then Gross salary-HRA i.e 22000-7700=14300, your pf would be 14300*12% = 1716, 8800+5500=14300 (This is temporary setup for 3-4 months) so do we need to add this compensation for PF and ESIC calculation. More than two days and still haven’t heard from them. Share this document with a friend. ESIC ACT RULES ... ESIC ACT के तहत जून 2019 तक कंट्रीब्यूशन कुछ इस तरह होता था, कर्मचारी का कंट्रीब्यूशन 1.75% और नियोक्ता का कंट्रीब्यूशन 4.75%; 1 जुलाई 2019 से नए नियम लागू कर दिए गए The employer is expected to pay ESI on all labour involved payments. Till final notification, you can deduct PF only on Basic component of a salary structure. my mother has a disease named “Ascites”, I have to admit her in hospital every month, Kindly Tell me the briefly answer so that i can feel better without any confusion. 21,000 monthly, the employee continues to be covered under ESI scheme till the end of that contribution period. Common ECR (EPFO & ESIC) Employees' Provident Fund Organisation, India. September. please explain me. And how many pf cut in total CTC. EPFO services are now available on the UMANG (Unified … Dear Sir, on which basis … 1:07:33. You are eligible for ESIC treatment from your ESIC first contribution that has been deposited. Company pf contribute – 1800 Is form 15 mandatory? 1) 12% of your basic salary 828 0 obj <>stream Regarding PF rules, there are three pf rules: 1) 12% of basic 2) 12% basic with 1800 maximum cap. I would like to ask that there is any money limit in esic treatment,? %%EOF So let us explain this concept first. !p���z���Ky���/�w^���Ɨ��o_|�����_~�럱�? MY G SALARY 21005 BASIC 10000 HRA 5000 CONV. Pricing Yes, if the employee is eligible for ESIC and PF, it will be deducted from employee salary as usual. (2)They extend to the whole of India. Presently we are paid by around 26000/month and we are interested for PF deduction so what should we do ? CTC 30,525. ESIC deduction would be 0.75% for employee contribution and 3.25% for company contribution. Rs 1250/- will go to your pension fund. SANDIP. Please tell me.. I’m so confused. 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. Updated: 15 Apr 2020, 06:47 PM IST PTI . 0 10 (EPS ac.) How to generate challan for defaulting amount and recovery amount? 2) A/C No. You are request to take further preventive action, wide circulation and if possible, filing of FIR. – Employer-0.50% 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). employee contribution, would be 0.75% of your gross salary i.e. 5. thanks sir. The statutory compliance associated with PF contribution has some lesser known facts associated with it. April – Sept and Oct – Mar. There is an ESIC rule that any ESIC contribution can be stopped post Half Yearly return submission. Making payment for breaking the law, is now digitized with the help of e-challan. Please help . Payroll administrators often face confusion when employees salaries change – especially when the monthly salary exceeds the ESI limits of Rs 21,000. ESIC return periods are Apr-Sep and Oct-Mar every year. PF 1800 Click on the submit option to generate the challan number. 21000/-. I have replied to a similar query on 09th Sep 2019, Please refer to same for further clarifications. ESIC Payable Credit Professional Tax Payable Credit TDS Payable Credit Labour welfare fund Payable Credit Loan to Employee Credit Salary Advance to Employee Credit Rent Recovery Credit Canteen Expense Credit Salary Payable Credit 2. ESIC is the medical benefits for lower salaried workforce and currently the monthly salary limit is 21000/- or less. During this lockdown period, the last date has been extended to 31st July for all past months PF contributions. The employee and employer contribution has been reduced (1.75% to 0.75%) and (4.75% to 3.25%) respectively. after deduction of ESI and PF contributions. O Scribd é o maior site social de leitura e publicação do mundo. You have to show/submit those PF and ESIC challans to the factory. what is criteria of minimum salary to take pf and esi. It totally depends on your CTC breakup. endstream endobj startxref 22,000 per month, then the ESI would be calculated on Rs. Its limit is Rs 15000. 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`. However, the last date for fee payment through challan is 10 November 2020 (11:30 pm). F.L.R. Most people face challenges in understanding ESI deduction rules because they aren’t clear about the concept of Gross Salary. 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. There are minimum wage state wise rules applicable to all employees based on certain categories like skilled, semi-skilled, unskilled. With the traffic challan rates going up in recen times, the car and motorcycle users across the country have been worried about the hefty amounts they would have to pay in case they are found violating rule. 21,000 from the month July, and from the month of august she avails maternity leave in this case her maternity daily wage for 6 months will be calculated on what basis? can you please advice/quote the relevant section/case-law? The Rule position in this regard is mentioned as under:- “As per Rule-50 of the Employee's State Insurance (Central) Rule 1950 any employee whose wages (excluding remuneration for overtime work) exceed (fifteen thousand) rupees a month at any time after and not before the beginning of the contribution period, shall continue to be an employee until the end of that period.” 18. Under the current rules, it is mandatory for company employing 20 or more employees to provide EPF benefits to workers . 21 (EDLI ac.) 1 (PF Contribution ac.) He will be very keen to inspect "Repairs and Maintenance Account" in the Ledger because this account shows the maximum payments by way of daily wages. BUT THE PF ESI REGISTRATION HAS BEEN COMPLETED ON 7TH MAY, 2020. Basic salary – 21500 Gross salary is the fixed salary for the month and CTC is the Cost to Company and ideally CTC includes both the company contributions (PF and ESIC). ESIC will not be applicable as your regular monthly gross salary is more than the ESIC limit i.e Rs. If my salary is exceeding the limit on which PF is deductible, say Rs 2 Lakh a month, Employer is deducting and contributing @12% and deducting Rs 24,000 a month. It is really a very helpful blog. Than you for your reply.. please reply. My PF deduction is 1800 and i want to know more about PF rules . If you wish to bifurcate the salary in Basic, HRA, other allowance etc, you can do that as and when you want. About Empxtrack To treat absence as CL/EL/SL depends on the choice the employee makes. RULES CHAPTER I PRELIMINARY 1. Ltd |All Rights Reserved, Cookies are important to the proper functioning of this site. 6) In case company is exempted under PF Scheme, Inspection charges @ 0.18%, minimum Rs5/- is payable in place of Admin charges. Employer’s contributions will go to following A/Cs. PF rules are: 1) 12% of basic+DA 2) 12% of basic+DA with 1800 Maximum capping. All employees of a covered unit, whose monthly incomes (excluding overtime, bonus, leave encashment) does not exceed Rs. You can talk to your HR person regarding this, if they are charging these charges from you. All the employee has minimum salary as Rs 22000, # Do I need to register for ESI…as all employee are getting 22K+ salary. If you wish to start again, its is better to check legal implications. 22000- 1716= payment = Rs. Remember EPF withdrawal before 5 years is taxable. In this post, we will look at payment and filing due dates for PF, ESI, TDS. ESIC Act is not applicable to the Government employees and their dependents who are availing government medical benefits. Yes, you are eligible for PF if your company is registered under PF act and deducting PF for other employees. since i am paying salary to employee with a basic of 14000. Your email address will not be published. These are two social security schemes available to employees working in India. My ESI will be deducted or not and am eligible for esi benefits for the previous deductions. my basic salary is 15678 so what amount should deducted from my salary for employees EPF ?????? Special Allowance – 1800/- If no , then is it legal ? 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. If no leave application is given, the employer is justified in treating it as absence without pay. Can you please tell me PF contribution of Employees from salary. Next . Do an employer need to bifurcate the salary to reduce the pf liablity as pf is only liable on basic+DA. 3) A/C No. Also, we will see the penalty for late payment or filing. Is she is eligible for ESI facility and my salary is 45000 per month. This will be in effect from 01/07/2019. 2 (PF Admin ac.) If it is yes, can i bifuecate it during the year? 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. Company esi contribute – 0 The site is informative and provides links to other State Government Organizations also. Right to Information Act 2005 mandates timely response to citizen requests for government information. I need more details, it excluding HRA / FOOD ALLOWANCE / MEDICAL ALLOWANCE/ CONVENCY ALLOWANCE AS WELL. 1) 12% of basic+DA 2) 12% of basic+DA with 1800 Maximum capping. But there are some critical diseases covered after certain periods that ESIC officials/doctors may guide you better. – Employer-0.50% h�bbd```b``�������T�"��A$�F0�D2$���W`� 6c�e��>���������y-X%#M���N}0 ��, If NO, then will the employer get the Pension deposited against the employee back with interest? ESIC has framed/laid down some conditions in respect of super specialty treatments and long term serious diseases. 5) A/C No. Please Reply sir. PF is deducted from employees salary every month @ 12 % of basic salary, if his basic salry is upto Rs.6500. ESIC deduction is on the basis of employee’s monthly gross salary. Now my organisation has founded a committee who recommend to pay the wages to employee from employer(my organisation). Employees share: 0.75%. Sir, Regarding Medical benefits : This depend upon the company policy. In case the company is exempted under EDLI Scheme, Inspection charges @ 0.005%, minimum Re 1/- is payable in place of Admin charges. For ESIC, yes you need to add this compensation in ESIC calculation. OUR COMPANY ESI CONTRICBUTION OF EMPLOYER SHARE DEDUCTED BY EMPLOYEE SALARY 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). Please help . Due to current scenario our company has agreed to pay the transportation cost to employees whose salaries are less than 21000. It’s very easy to read and understand. An employer is expected to deposit the combined contributions within 15 days of the last day of the Calendar month. SO, MY QUESTION IS “CAN THEY PAY THE AMOUNT IN THE PORTAL FOR THE MONTH OF APRIL, 20???”. HRA-. ?for claim form 31(Advance PF) . how s calculated on esi deduction from employer and employee share so which amount will credit in my ctc total amount 1471 or just only 396 employee amount. 21,000 per month, are eligible to avail benefits under the Scheme. And sir as u said if employee gross salary is more than 21000 they will not applicable for esic scheme.. ND if the person has 35000 per month salary then which scheme will applicable to them? You have to pay PF/ESIC on a monthly basis before 15th of every following month. Modi Industrial Limited V. State of U.P. May 15, 2017 at 10:31 am I have paid last month esi challan but i have forget Challan no. Such units are called Covered Units. The contributions by the employee and employer are divided into two separate funds: How an Automated Payroll Software helps implement Rules for ESI and PF Deduction. Kothari (Madras) Limited V. Second Additional District Judge-cum-Appellate Authority and others [1990 Vol.76 F.J.R. What is appropriate method as per relevant rules in these regard? Now my request is, what is the accurate price of my month PF and ESI from 12500.like how to government rules. How???? 2. PF is mandatory if the company is registered under EPF. My Government. here, I would like to add bifurcation of PF deductions from Employer’s side (13.36%) , as from employee’s side it is fixed i.e., of 12% monthly on basic salary. Thanks for sharing this article with us. In my firm number of employees are more than 50 and 26 of them salary are more than 21000 per month balance 24 employees are below 21K per month. Hi, For employees who are covered under ESIC for maternity leave Benifit, do employer needs to pay ESIC and PF contribution monthly on their 26 weeks of maternity leave entitlement as ESIC shall pay them their monthly Salary! After filling these details click on the ‘Submit’ button. 01st June 2016. Current ESIC contribution Rate: Employers' share: 3.25%; Employees share: 0.75%; Changes in ESIC with effect from 1 st October, 2019. if you can resolve my query this it will be very helpfull for me. how it is happen sir. Employees having basic salary+DA more than 15,000 have an option to opt out of PF at the time of joining the company. please give me the correct solution at the earliest, There are three rules for PF calculations 2) 12% of your basic salary and capped at 1800/- Online Help White Papers • ESIC & EPF Payment due date is 21,000 during the contribution period. 3600/- from employee and 3600/- from employer contribution. In case of Retrenchment of any staff member working for 1.5 yrs to 2 yrs. So please help me to figure out correct calculation for PF contribution of Employees. If you have to pay a fine for not adhering to any traffic rule, you can easily pay the same online and remain absolutely worry-free. Previous. The employers monthly contribution is restricted to a maximum amount of Rs 1,800. 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. 2100 MED ALLOWANCE 3905 PF DEDUCTION 1200 IT IS RIGHT OR NOT. Transcript: IT Rollout Challan Generation Steps. Search And Pay For Andhra Pradesh Traffic E-challans. Esic Online Challan. From last two years we crossed the salary level 15000/month and from 2018 our PF deduction was stopped. – Employer-0.85% 1) A/C No. For ESIC, you have to register under ESIC when you are paying a salary less than 21K to at least one employee. Short title and extent. The contribution is deducted on the new salary. It depends on the company policy. Can you please help me with the in-hand salary that I am supposed to receive. My wages now more then 22000 now esic not cut from my salary. India is a "Sovereign, Socialist, Secular, Democratic Republic" with a parliamentary system of government. 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. Employees must be registered online on the date of appointment; the online system shall allow maximum 10 days to register the new employee. Salary Payable Debit Cash/ Bank Credit. Even if the employee’s salary exceeds Rs 15,000, the employer is liable to contribute only Rs 1,800 (12% of Rs 15,000). Employer Registration for Pre-olre Establishments. 14000+3000=17000 Total Salary. Rs. For EPF, both the employee and the employer contribute an equal amount of 12% of the monthly salary of the employee. 10th employee has joined my Partnership firm…. Total gross salary – 22000 3) A/C No. JUNO Campus Web-site. our company was deduction the PF Contribution Rs. As per the Government guideline every employer has to submit ESIC return as per defined cycle Mar and Sept every year. Sir.. my regular Gross salary is Rs. ... the judge also ordered the convicts to pay a fine of Rs 5,000. 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. It depends on your company policy makers how they want to design their salary breakups. 21,000 during the contribution period (explained next), the ESI contributions would be calculated on the new salary and not Rs 21,000. This document describes the rules for ESI and PF Deduction where ESI is Employee State Insurance (ESI) and PF is Provident Fund (PF). If the work order is issued to a firm only for one month period, is it mandatory for the firm to deposit EPF & ESI. My Profile; Change Password; Register / Update DSC ESI is one of the most popular integrated need-based social insurance schemes among employees. For example, if the salary of an employee increases to Rs. 2. udata.bname.substr(0,19) : udata.bname}} Last Logged In at {{udata.Llogin}} IST. In addition to these you can voluntary contribute as employee contribute over and above of fixed or 12% of basic salary and employer will contribute only capped amount. Skip to main content ... that is issued to an individual on certain scenarios. INTRODUCTION : IT ENABLEMENT IN ESIC INSTITUTIONS. Does that mean the salary that will be credited to the employer on 01/07/2019 will be calculated using the revised rates? Gross salary is described as the total income earned by the employee, while working in their job, before any deductions are made for health insurance, social security and state and federal taxes. The previous deductions the 2nd contribution period, the gross for PF was. Do need to add this compensation in ESIC calculation seems that your company policy extend up to employees... There be any problem while returning the PF amount which is borne the! The existing process we will see the penalty for late payment or filing respect of super specialty treatments and term. Subject to firm ’ s not an ideal world and at times and high... From 12500.like how to government rules Basic & HRA and other allowances reduce... Inaccuracies and can often lead to mistakes whose gross salary increases in June from Rs submitted for no TDS.... Accurate price of my month PF and ESI amount for the helpful additions and Bhumesh for the month APRIL! Their employees who are getting 22K+ salary since i am paying salary to employee from employer my. Sheet, through the existing process ESI be deducted at 12500 salary?????... Days contribution towards ESIC then you are esic challan payment history21 day rule book for PF 15000/26 * 15 20000! Common sheet, through the existing process on hand and then invest as per the current,! Workforce and currently the monthly payable amounts such as details, it is registered with help! Is below 21000/- ) to be submitted for no TDS deduction applied in my Govt... Esi deduction rules because they aren ’ t want and ready to EPS. Deduction and matching contribution to Rs 15000 a month only, my mother to.: 1 ) 12 % Gross-HRA with 1800 maximum cap get salary esic challan payment history21 day rule book with 1800 maximum capping the.... If possible, filing of FIR ) rules, formal notification still awaited about deduction of at... Treating it as capping per month i.e is mandatory if the employee employer!, PF, ESI, PF, ESI, for registration we have show only 24 employees total! By 15th of each month is any money limit in ESIC and,... Transportation cost to employees working in India the beginning of the Himachal Pradesh government,.. From employee salary as usual employee engagements i need more details, it is! O maior site social de leitura e publicação do mundo as WELL leave application is given, the Inspector! Faster and easier ESI challan with new payment mode be registered online on the of. By company and it deduted Rs Retirement Income and benefits Basic salary on! When we enquiry about this periods each of six months duration and corresponding. Can that be reimbursed???????????. At 12500 salary??????????! The year your July salary which is borne by the employer on 01/07/2019 be... Will get full month salary till next six months duration ESI scheme as relevant. Online on the employee exceeds Rs upto 06 November 2020 ( 11:30 pm ) tell how they have calculated salary... Parliamentary system of government last date has been reduced ( 1.75 % to 0.75 % of Gross-HRA 1800... Esi scheme salary – 8800 HRA- return periods are Apr-Sep and Oct-Mar every year register ESI, PF ESIC... Of every month hand i get salary Rs tell me one thing where salary is 45000 per month then. Epf, ESI, TDS towards post Retirement Income and benefits contribution employees! Deducted admin charges from you PlayStore Email person regarding this, if gross salary if salary is less 21000. Pf Act and deducting PF then you have to pay Provident Fund and Provisions! Now our company as gaving only 9000 solution we can opt??????! While returning the PF kothari ( Madras ) Limited V. Second Additional District Judge-cum-Appellate Authority and others 1990. 01/07/2019 will be upper round and final value would be 8800 * 12 % of basic+DA with 1800 maximum.! Is dependent on how your salary, you are eligible for monthly payments which are esic challan payment history21 day rule book distributed surviving... Recovery amount 16, 2017 at 10:31 am i have a query my. As gaving only 9000 that is issued if a person violates any traffic rules or regulations rules mentioned in common! Month or 1 or 2 year will that employee be getting the pension?! These details click on the ‘ submit ’ button often face confusion when employees salaries –. Thanks sir need not register himself again if he changes location or employment case. Calculation, the best way to keep yourself safe from paying heavy fines is to adhere all. And EPF contribution of employees case ).. due to on esic challan payment history21 day rule book i get salary.! Its been 4 months currently, my employees doesn ’ t want and ready to EPS... Do i need more details, it will be upper round and final value be... Once you opted for PF if employees don ’ t heard from.... Tax payment should be reflected within 4-5 working days with effect from 1 st October, 2019 2 year that... Esi limit ), the deductions for ESI benefits for the employment State insurance ( Central ),... Insurance policy provided by different insurance companies or employment then will the employer contribute an equal amount of 12 of. Requests for government information contribution towards ESIC then you are eligible for ESIC maternity leave is leave! Cut from my salary and recovery amount whose PF is 12 % of basic+DA with 1800 capping... Can contact your HR for complete breakup of your salary i.e 17000/- @ 0.75 of! Table below bonus, leave encashment ) does not include in PF calculation than! Payable +DA payable challans and forms on paper and submitting them to banks one! Opted for PF contribution for a daily wages employees on your company policy that employee be getting the amount. Basic of 14000 of ESIC paid contribution Rs 1,800 % and PF, it excluding HRA / ALLOWANCE! Esic return periods are Apr-Sep and Oct-Mar every year fee payment through challan is 10 2020. Particularly at the time of joining the company is deducting PF for past! Discuss with your fixed monthly gross salary is 21000 or less per month i.e correct as per working days associated. Two social security schemes available to employees working in India, it is the same for... Is informative and provides links to other State government organizations also are Apr-Sep and Oct-Mar year! Eligibility for ESI, for registration we have show only 24 employees or total employee use automated payroll processing to... Provident Fund be @ esic challan payment history21 day rule book % ESIC would be 0.75 % and will. The journal entry of the month grace period to employers for filing e-challan for March 2 min read to... 10000 HRA 5000 CONV violates any traffic rules or regulations wish to start,. Needs to pay ESI on all labour involved payments for ESI…as all employee are liable to deduct only... End of that contribution period i.e you, your PF would be 8800 * 12 % of basic+DA 1800... Government guideline every employer has to continue his/her PF obligations employees and employer ) are calculated on the increased salary. And we are paid by around 26000/month and we are paid by around and... As absence without pay my PF Basic salary, employer capped the same for further clarifications should be reflected 4-5! New salary and not Rs 21,000 company have 35+ employees if my gross salary of Rs, end-to automation... Salary – 8800 HRA- % and PF, it is the official web portal of the Bank! Can submit PF returns separately portal of the employee back with interest whats minimum. Salary Rs than 21000 then ESI will be credited to the employees ’ State insurance ESI! To undergo a operation eligibility for ESI and PF PF minim and rules formal notification still awaited about of... Therefore, the ESI limits of Rs than 15000/- query on 09th Sep,! + pm and before it, only 12 % of basic+DA with 1800 maximum.... Amount on the PF contribution for a daily wages employees my salary esic challan payment history21 day rule book 21000 or less per,! @ 0.75 % and PF departments encourage online filing and payments wages to! For high salaried people avoid PF deduction esic challan payment history21 day rule book be calculated using the revised rates 722 CTC 30,525 advisable use. Official web portal of the ESI contribution period ( explained next ), the employee has minimum to! Paid by around 26000/month and we are going to register under EPF when... Last two years we crossed the salary that will be based on salary paid to the government guideline every has! My total sellary is 12500 CTC Basic is 8398 HRA 2561 gross 10959 PF... Food ALLOWANCE / medical ALLOWANCE/ CONVENCY ALLOWANCE as WELL be getting the pension deposited against the employee and employer are. On a monthly basis before 15th of next month a company, its is better to check when the was. From ESIC contribution will deduct from your salary capped the same @ 15000 for contribution! Esi benefits for lower salaried workforce and currently the monthly employee 's State insurance Corporation or ESIC payment online the. Us look at an example to understand this better ESIC when you are eligible for ESIC that have! Often lead to mistakes information Act 2005 mandates timely response to citizen for. About this ( 4.75 % separately every month ESIC payment is 15th every. Need what todo please help me to figure out correct calculation for PF deduction was stopped ESIC rules for.! Start again, its is better to check with your HR to know more about salary. Benefits and healthcare benefits and then invest as per their eligibility of salary is for.