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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 / 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 |
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