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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?

Answers were Sorted based on User's Feedback



what is pf & esic calculation on ctc how much perstange apply from both the side ,employee as ..

Answer / shabbaz

pf is provident fund thats been calculated as 12% is deducted from employee on basic salary and 13.61% for employer on basic salary as it includes co. adm. charges

In case of Esic means employee state insurance company
for employers = 4.75%
employees = 1.75%

Is This Answer Correct ?    1 Yes 0 No

what is pf & esic calculation on ctc how much perstange apply from both the side ,employee as ..

Answer / sharad

12 %

1.7 %

Is This Answer Correct ?    6 Yes 10 No

what is pf & esic calculation on ctc how much perstange apply from both the side ,employee as ..

Answer / 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

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