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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 / shabbaz
pf is provident fund thats been calculated as 12% is deducted from employee on basic salary and 13.61% for employer on basic salary as it includes co. adm. charges
In case of Esic means employee state insurance company
for employers = 4.75%
employees = 1.75%
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