Hi,
My name is Pritam Khatri. I am working at Vaidika Ad as an HR Assistant. There are no legal deductions, meaning no PF, ESI, PT, or anything else. I want to know the percentage of deduction items and how they are calculated.
Thank you,
Pritam Khatri
From India, Pune
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My name is Pritam Khatri. I am working at Vaidika Ad as an HR Assistant. There are no legal deductions, meaning no PF, ESI, PT, or anything else. I want to know the percentage of deduction items and how they are calculated.
Thank you,
Pritam Khatri
From India, Pune
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Hi Friend, If want to know more about PF,ESI, etc. I have attached the Labour Laws , designed by One of our citehr friend Sandhya. Hope it will be useful to you. Regards, Saravana Executive -HR
From India, Madras
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6From India, Madras
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Hi,
PF is calculated on Basic at 12%. ESI is on Gross Salary at 1.75% of Employee share and 4.75% of Employer share. PT is calculated on Gross Salary based on limits.
TDS is calculated on Gross with some standard deductions like PF, ESI, PT, Medical Allowance, and HRA:
- Up to One Lakh ten Thousand @ 0%
- 110000 to 150000 @ 10%
- 150000 to 250000 @ 20%
- 250000 and Above @ 30%
On Tax, 3% education tax is additional.
Please find the Salary Matrix for your calculations.
From India, Hyderabad
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PF is calculated on Basic at 12%. ESI is on Gross Salary at 1.75% of Employee share and 4.75% of Employer share. PT is calculated on Gross Salary based on limits.
TDS is calculated on Gross with some standard deductions like PF, ESI, PT, Medical Allowance, and HRA:
- Up to One Lakh ten Thousand @ 0%
- 110000 to 150000 @ 10%
- 150000 to 250000 @ 20%
- 250000 and Above @ 30%
On Tax, 3% education tax is additional.
Please find the Salary Matrix for your calculations.
From India, Hyderabad
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
EMPLOYEE SALARY INCOME TAX CALCULATION.xls x