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
Answer / sk
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 ? | 105 Yes | 27 No |
Answer / battu murali reddy
In the case of PF, should deduct 12% on basic and employer
also should contribute 12% of basic
| Is This Answer Correct ? | 66 Yes | 19 No |
Answer / deepak kumar shah
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 ? | 34 Yes | 3 No |
Answer / swapna
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 ? | 35 Yes | 10 No |
Answer / divya madhavi
in case of pf
employer-13.61%
employee-12%
in case of esi
employer-4.75%
employee-1.75%
| Is This Answer Correct ? | 18 Yes | 8 No |
Answer / savithri
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 ? | 22 Yes | 13 No |
Answer / p.subramanyeswara rao
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 ? | 25 Yes | 17 No |
Answer / milansingh
hi
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 | 7 No |
Answer / gaura mahapatra
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 ? | 3 Yes | 0 No |
Answer / pragya rastogi
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 |
What is Cost of Acquisition?
EXPLAIN ABOUT TDS?
Service tax applicable or not for Govt Guest House contract work.
whether commission earned by stock broker is laible for TDS?
What do you mean by fair rent?
IN HOTEL NET SALE AMOUNT IS Rs.1000. on that service tax amount @12.36 is Rs.124 then my question is while caluculation of vat both net sales and service tax is to be taken or not
what is tcs
What is TCS? Are the rates of TDS and TCS same??
And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax calculation in detailed?
what is the vat rate for gold coin - 24 carrots in karnataka.
What will be the planned expenditure in the budget 2009-10
what are the procedure to deposit service tax?