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
What is VAT TDS? when it is applied & at what rate?
How many heads are there under total income?
What is the difference between fund flow vs. Cash flow?
What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19
we charge service tax in our Invoice.we pay it in time. At the end of the year other party gives his deduction as certificate. what to do with it ? how to submit again to tax authorities?
what is the proccesor to caculate the firm assement
Whether We can Get the Refund of Service Tax Paid Wrongly to the department.We are not suppose to pay the tax and we knew after that we can adjust that servies tax what we have collected from our client aganst services received from our suppliers.
in relation to pioneer industries, explain the following terms:1,production day. 2,certificate of qualify expenditure. 3,income tax relief. 4,pioneer certificate 2. list seven pioneer industries which fall under pioneer status as contained in the industrial development act 1971
What is the date of depositing entry tax and submission of return?
the TDS rates and Income rates are equal in calculation of the salary and please send the IT slab rates for the employees and comapnies.
Tell about dvat and dvat rate
How Many Category of VAT in West Bengal
I am an employee in a IT Company. While filling out the form it prompts to fill - Details of Tax deducted at source from Salary (as per form16) and then it again prompts to fill - Details of Advance tax and Self Assessment Tax. if i fill both the columns, i get end result as 2 times of Tax i paid and a refund.
agar hum koi sale return 3 month ke andar hi receive krte hai or part uski cst purchase ka bill deti hai or humse c form mangti hai to kya hum use LS-10 me tax benefit ke liye and LP-3 me c form issue krne ke liye kyoki central purchase ka haryana vat me benefit nhi milta kya dono form LP-3 and LS-10 me hum us return ko show kar skte hai
What is Cenvat