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 / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.

1599


WCT charged on firm or on proprietor?

1176


how to calculate tax for the income earners

1644


how to caluclate the mumbai tax with example? what is mean by credit and debit ?

1455


Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?

1576






Is wct charged on firm or proprietors ?

1125


What is tha Central sales tax rate 2010 in andhrapradesh

2728


if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally

1083


Explain the Calculation of Sales Tax?

1633


I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.

4277


I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?

1637


If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.

1479


I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule

1985


can TDS be deducted(in Jharkhand) from the bill of a supplier who supplies goods from Delhi to Jharkhand taxable @12.5% under jharkhand VAT ACT?Whether Entry tax is also deductible in this case

2348


DEFINATION OF LABOUR ACT?

1887