Dear All, I’m having the 20 employees in my company. can any one send me the free payroll software to process their salary & Statutory compliances. Regrds, Sandeep
From India, Pune
Acknowledge(0)
Amend(0)
From India, Pune
Acknowledge(0)Amend(0)
hai sj01071984 there is a software caled salary pack...i think yo umay get in website ...may you can but it..becoz i bought it for my frim...its s paid one so.....
From India, Bangalore
Acknowledge(0)Amend(0)
1From India, Bangalore
Acknowledge(0)Amend(0)
I can provide a better solution for your problem contact me on my number or mail me your contact details
From India, Hyderabad
Acknowledge(0)Amend(0)
From India, Hyderabad
Acknowledge(0)Amend(0)
Hi, my name is Obin Millan from Cochin. I have received a job offer from Cochin Hospital. However, I am unfamiliar with how to calculate PF and ESI, as I have not used them in my previous experience. Therefore, I kindly request your guidance on the normal ESI and PF rates, as well as the rules and regulations associated with ESI and PF. I would appreciate instructions on how to calculate and understand how these systems work. I am seeking your valuable advice, tips, and instructions. Thank you so much. Have a nice day.
- Obin Millan -
From India, Kochi
Acknowledge(0)Amend(0)
- Obin Millan -
From India, Kochi
Acknowledge(0)Amend(0)
Hi There, We can provide your payroll management services at very reasonable rates for 20 employees. Feel free to call on us at 9667000013 if you think we can work on this. Regards Krishan Dhillan
From India, Jaipur
Acknowledge(0)Amend(0)
From India, Jaipur
Acknowledge(0)Amend(0)
Dear Obin Millan,
I received a job offer from Cochin Hospital, but I am unsure about how to calculate PF and ESI as I have never used them in my previous experiences. I kindly request instructions on the normal ESI and PF rates, rules, and regulations. Could you also provide guidance on how to calculate and understand how they work? I am seeking your advice, tips, and instructions on this matter. Thank you in advance for your help.
For your information, ESI, PF, and TDS calculations can be automated using Honey HR and Payroll software. Even individuals without prior payroll knowledge can utilize Honey HR and Payroll Solution for managing complex payroll processes. If you are interested, feel free to call me or share your contact details via email.
Thank you and have a nice day.
- Obin Millan -
From India, Hyderabad
Acknowledge(0)Amend(0)
I received a job offer from Cochin Hospital, but I am unsure about how to calculate PF and ESI as I have never used them in my previous experiences. I kindly request instructions on the normal ESI and PF rates, rules, and regulations. Could you also provide guidance on how to calculate and understand how they work? I am seeking your advice, tips, and instructions on this matter. Thank you in advance for your help.
For your information, ESI, PF, and TDS calculations can be automated using Honey HR and Payroll software. Even individuals without prior payroll knowledge can utilize Honey HR and Payroll Solution for managing complex payroll processes. If you are interested, feel free to call me or share your contact details via email.
Thank you and have a nice day.
- Obin Millan -
From India, Hyderabad
Acknowledge(0)Amend(0)
Hi all,
I presume the purpose of the question here was to know more details about statutory deductions. It seems we have deviated from the point, and everyone has put effort into providing details about payroll software. Those who are familiar with statutory deductions may help solve the query. Looking forward to your responses.
Regards,
Ms. George
From India, Bangalore
Acknowledge(0)Amend(0)
I presume the purpose of the question here was to know more details about statutory deductions. It seems we have deviated from the point, and everyone has put effort into providing details about payroll software. Those who are familiar with statutory deductions may help solve the query. Looking forward to your responses.
Regards,
Ms. George
From India, Bangalore
Acknowledge(0)Amend(0)
Hi,
How are you?
PF is calculated on Basic at 12%. If the salary is 10,000 and bifurcated into basic, HRA, and conveyance, with Basic at 7,000, HRA at 1,500, and conveyance at 1,500, then the calculation would be: 7000 * 12%. The basic amount is always fixed as per company rules. The employer will also contribute 12%, which is further bifurcated into 8.33% and 3.67%. The 8.33% is hidden and counts as FPF, which stands for Family Provident Fund.
If an employee withdraws their PF before 10 years, they will receive their contribution of 12% and the employer's contribution of 8.33% + 3.67%. However, if an employee withdraws their PF after 10 years, they can withdraw the full amount and only the pension will be a part of it. Additionally, they will receive interest on their PF, i.e., 8.33%.
ESIC, which stands for the Employee State Insurance Company, is applicable to employees with a salary of up to 15K per month. The ESIC contribution on the employee's part is 1.75% of the gross salary, while the employer contributes 4.75%. ESIC covers health and medical facilities.
From India, Mumbai
Acknowledge(0)Amend(0)
How are you?
PF is calculated on Basic at 12%. If the salary is 10,000 and bifurcated into basic, HRA, and conveyance, with Basic at 7,000, HRA at 1,500, and conveyance at 1,500, then the calculation would be: 7000 * 12%. The basic amount is always fixed as per company rules. The employer will also contribute 12%, which is further bifurcated into 8.33% and 3.67%. The 8.33% is hidden and counts as FPF, which stands for Family Provident Fund.
If an employee withdraws their PF before 10 years, they will receive their contribution of 12% and the employer's contribution of 8.33% + 3.67%. However, if an employee withdraws their PF after 10 years, they can withdraw the full amount and only the pension will be a part of it. Additionally, they will receive interest on their PF, i.e., 8.33%.
ESIC, which stands for the Employee State Insurance Company, is applicable to employees with a salary of up to 15K per month. The ESIC contribution on the employee's part is 1.75% of the gross salary, while the employer contributes 4.75%. ESIC covers health and medical facilities.
From India, Mumbai
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
ESI & PF Calculations.do c
Circular on PF Damage & Interest Calculations.pd f