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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?
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Answer Posted / 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 |
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