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?

Answer Posted / shiwani

PF is Povident Fund and ESI is Employee State Insurance.

Take a Careful look
Suppose Yours salary is 10,000/- and you want to give the
detail of your CTC, That would be-

10,000*12=1,20,000/-

1,20,000*1.75%=2100/-(E.S.I will not be counted becoz its
not reimburse, and after 10,001/-above there will no ESI
deducted)

1,20,000*12%=14,400/-(PF amount calculated only of Employer
not yours becoz urs is included in your salary.)


now Calculate the CTC that would be:-
1,20,000+14,440=1,34,440/-

Is This Answer Correct ?    28 Yes 37 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i dont no what is tcs and tds what the use and how to calculate Tcs&Tds

1555


what is city commodity tax

1580


How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?

2129


if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu

1603


WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT

1733






what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.

2942


what is period VAT revised return can be filed?

1222


what is the rule of TDS Deduction for Pvt Ltd Company ??? And What rule of not TDS Deduct for PVT LTD company ???

1555


if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

1253


if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?

4408


whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?

2503


Basing on what we can made TDS payment

1395


What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?

2119


Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?

1390


which form is used for issuance of C Form ,F form etc. from Sale tax Authority (Haryana), when should be apply? what documents to be submitted?

1683