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Categories >> Accounting >> Taxation


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what is pf & esic calculation on ctc how much perstange 
apply from both the side ,employee as well employer we have 
to deduct the employee and employer % from ctc or employer 
has to pay the % of employer sepreterlyfrom his own or form 
employee ctc?
 Question Submitted By :: Taxation
I also faced this Question!!     Answer Posted By  
# 1
pf- providend fund. esi- employee state insurance.

in the case of ESI- e'er should contribute 4.75% ofthe
basic salary of the e'ee. e'ee shoul contribute 1.75% of
the salary.
Is This Answer Correct ?    93 Yes 24 No
# 2
In the case of PF, should deduct 12% on basic and employer
also should contribute 12% of basic
Is This Answer Correct ?    58 Yes 15 No
Battu Murali Reddy
# 3
in case of PF :
total 12% (pf 3.67% and fp 8.33%)this amount is duducted of
employee salary ctc.

in case of ESIC :
employee (1.75%)
employer (4.75%)
Is This Answer Correct ?    26 Yes 2 No
Deepak Kumar Shah
# 4
PF (employer 13.61% on Basic)
PF(Employee Cont 12% on Basic)

Esi(Employer Cont 4.75%)
Esi(Employee cont1.75%)
Is This Answer Correct ?    28 Yes 9 No
# 5
PF provident Fund, ESI - Employees state insurance.
First we have to See employee CTC. In CTC Basic amt of
12% provident fund both employee and employer contribution.

In ESI, suppose employee salary is exceeds Rs. 10,000/-.
then ESI is not applicable. If it less than Rs.10,000/-

then on gross salary 1.75% emploees contribution and 4.75%
is employer contribution.
Is This Answer Correct ?    21 Yes 9 No
# 6
for CTC
directly @ 6.5% on gross salary for ESIC,
directly @ 25.61% on Basic salary for PF

other than CTC
For ESIC 1.75% from Employee and 4.75% from the company on
gross salary.

for PF 12% on basic salary from employee and 13.61% on basic
salary from company including admn charges.
Is This Answer Correct ?    24 Yes 14 No
P.subramanyeswara Rao
# 7
in case of pf

in case of esi
Is This Answer Correct ?    15 Yes 6 No
Divya Madhavi
# 8
i want to know about pf structure
my salary is 5000/- per month so can u give me the
calculation of pf after 3 years when i leave the job how
much rs. i get in pf dept.esi is not applicable to me
because our factory is out sid municipal area
Is This Answer Correct ?    11 Yes 6 No
# 9
In Revised ESIC , it is applicable for salary upto 15000.

Employee Share:1.75%
Employer Contribution:4.75%.

But doest that mean your In hand salary will be lesser now,
than it was without ESI????

Plus, Do companies actually pay their share of 4.75% or do
they deduct it from your salary like they deduct PF from
Gross salary(Your and Comapnies share both)????
Is This Answer Correct ?    2 Yes 1 No
Pragya Rastogi
# 10
Pf is calculated on 12% of basic salary of employee.Both
employee and employer should pay 12% each.In which the
employee's 8.33% will go to pension scheme and remaining
3.67% added with PF account.
Plus employer will be added 12% for PF .Total is 24%.

In Revised ESIC in 2011 , it is applicable for salary
maximum Rs.15000.

Employee ESIC Share is :1.75% on gross salary.
Employer ESIC Contribution is :4.75% on gross salary.

Companies actually pay their share of 4.75% of gross
salary.. They do not deduct it from our salary.Just they are
deducting 1.75% from our gross salary
Is This Answer Correct ?    1 Yes 0 No
Gaura Mahapatra

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