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?
- 13 Answers
- 46548 Views
- Infosys, VITS, I also Faced
- E-Mail Answers
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 |
Pass a entry for salary payment basic 5000, HRA 3000, Medical 200, TDS 500 Adv 200 & deducted PF with narration.
What is the difference between Mortgage, Pledge and Hypothecation? Reply.....
What are the benefits to an Employee to deduct TDS from his Salary ?
WHAT IS DIFFERENCE BETWEEN BSE AND NIFFTY
we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?
If Sales Made Against form c with Rate2%, after then we are unable to collect the form c from party, party is ready to pay debitnote to us, we also agree for this, what procedure to follow, how to pay to Vat Department and which form to be submitted.
What are the procedures for remitting WCT?
i want about TDS full details with Limit,Rate and Entry in Tally ?
what is the tax % of contractors?
Dear Sir , Please DETAIL ME ,BRANCH CONVERVISON MATERIAL SEND TO FACTORY (OTHER SATE) , . wE ARE ELIGLIAL fORM 'F'
what is the exise limit in granite manufacturing
what is rate of CST on Pumps
Audit 
