Hi, Please find the attachment of PF,ESI,PT,TDS,FBT calculator.... Hope this will be useful to you....... Regards Prasad
From India, Bangalore
From India, Bangalore
Dear Prasad,
First of all thank u very much for the file format.But is this file prepared as per the rules & regulations in Maharashtra ? coz slabs of ptax in Maharashtra are as follows
Rs. 2500 - P Tax is NIL
Rs. 2500 - Rs. 3500 - Rs.60
Rs. 3500 - Rs. 5000 - Rs.120
Rs. 5000 - Rs.10000- Rs. 175
Rs. 10000 & above P Tax is Rs. 200 per month except Feb
Rs.300 in the month of Feb( Max of Rs.2500 per annum )
Can u work it out for maharashtra,PF & all ?
From India, Pune
First of all thank u very much for the file format.But is this file prepared as per the rules & regulations in Maharashtra ? coz slabs of ptax in Maharashtra are as follows
Rs. 2500 - P Tax is NIL
Rs. 2500 - Rs. 3500 - Rs.60
Rs. 3500 - Rs. 5000 - Rs.120
Rs. 5000 - Rs.10000- Rs. 175
Rs. 10000 & above P Tax is Rs. 200 per month except Feb
Rs.300 in the month of Feb( Max of Rs.2500 per annum )
Can u work it out for maharashtra,PF & all ?
From India, Pune
Dear Prasad, When I saw your attachment file. I see it’s a Magic calculator, Nothing to do anything for calculation. So nice of you. Come on keep it up.
From India, Mumbai
From India, Mumbai
Good effort Mr. Prasad,
I have gone through the calculator, but this has some confusing statements due to changes or amendments in laws/policies.
Ex......
1.In PF calculator you have mentioned 8.33% goes to PENSION Fund
3.67% goes to PF Fund from employee's contribution which is actually goes from employer's contribution.
FYI
Employee: 12% (P.F)
Employer: 3.67% Provident Fund (A/c 1) + 8.33% Pension (A/c 10) + 1.10% Admin Charges on PF (A/c 2) + 0.50% EDLI (A/c 21) + 0.01% Admin Charges on EDLI (A/c 22) =>13.61% on basic
2. Service Tax has been revised now and its 10% inspite of 12%, edu cess and higher sec cess are same.
3.It's not clear for which state PT is been calculated. In MP there are slabs fixed for the same:
120000-150000 1000 / year or 83 / month (difference adjusted in last deduction)
150000-180000 1500 / year or 125 / month
> 180000 2500 / year or 212 / month
but formulae used in calculator are something different.
Rest of the calculator is OK.........yes....the checklist is really useful.
Regards,
VK
From India, Indore
I have gone through the calculator, but this has some confusing statements due to changes or amendments in laws/policies.
Ex......
1.In PF calculator you have mentioned 8.33% goes to PENSION Fund
3.67% goes to PF Fund from employee's contribution which is actually goes from employer's contribution.
FYI
Employee: 12% (P.F)
Employer: 3.67% Provident Fund (A/c 1) + 8.33% Pension (A/c 10) + 1.10% Admin Charges on PF (A/c 2) + 0.50% EDLI (A/c 21) + 0.01% Admin Charges on EDLI (A/c 22) =>13.61% on basic
2. Service Tax has been revised now and its 10% inspite of 12%, edu cess and higher sec cess are same.
3.It's not clear for which state PT is been calculated. In MP there are slabs fixed for the same:
120000-150000 1000 / year or 83 / month (difference adjusted in last deduction)
150000-180000 1500 / year or 125 / month
> 180000 2500 / year or 212 / month
but formulae used in calculator are something different.
Rest of the calculator is OK.........yes....the checklist is really useful.
Regards,
VK
From India, Indore
Dear durgaprasad, Really a good work and helpful to all - wish u all the best P.RAMACHANDRAN
From India, Madras
From India, Madras
1.Please send me this PF,ESI,PT,TDS,FBT calculator....
2. the following mentioned company employee salary how to considered and % rate.
Basic, HRAMisc. AllowanceMedical AllowanceConveyance AllowanceEducation AllowanceConveyance Re-imbursementOtherArrearsBonusLTA
From India, Bangalore
2. the following mentioned company employee salary how to considered and % rate.
Basic, HRAMisc. AllowanceMedical AllowanceConveyance AllowanceEducation AllowanceConveyance Re-imbursementOtherArrearsBonusLTA
From India, Bangalore
Hi Prasad, could you explain me on Basic salary of the employer, what amount is to be incorporated or is that basic salary of the employee and employer been the same Regards Ravi
From India, Hyderabad
From India, Hyderabad
hi,
Its a very helpful calculater...
i was go'n thru PF calculater.....y u hv made/devided 2 colums of basic salary of employee n employer...and i hv a question about....the condition of 6500 as basic salary...can u explain me tht....
From India, Bangalore
Its a very helpful calculater...
i was go'n thru PF calculater.....y u hv made/devided 2 colums of basic salary of employee n employer...and i hv a question about....the condition of 6500 as basic salary...can u explain me tht....
From India, Bangalore
Please note that there is a minor mistake in the ESI calculation sheet which shows 'admin charges' but this not applicable in ESI
From India, Noida
From India, Noida
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