Dear All,
With reference to the captioned subject, I would like to have clarity that how we are going to break up the CTC of INR 252000 yearly when we have pf and esic as a deducted components? Can we calculate the ESIC on CTC which includes other benefits like pf, bonus, gratuity, earned leaves?
Request you to share your suggestions for making me understand more about this.
regards
Vijay kumar
From India, Gurgaon
1With reference to the captioned subject, I would like to have clarity that how we are going to break up the CTC of INR 252000 yearly when we have pf and esic as a deducted components? Can we calculate the ESIC on CTC which includes other benefits like pf, bonus, gratuity, earned leaves?
Request you to share your suggestions for making me understand more about this.
regards
Vijay kumar
From India, Gurgaon
ESIC contribution are based on Total earning gross salary and PF are based on total earning basic salary...
From India, Mumbai
From India, Mumbai
ESIC would be calculated on gross salary (monthly) & PF would be deducted on basic salary+DA.
From India, Delhi
From India, Delhi
Contribution – Employee's State Insurance Corporation
As Hr person ,it is important to gen up on ESIC,EPF,Leave rules, working hours limits,Over time etc.
From India, Pune
As Hr person ,it is important to gen up on ESIC,EPF,Leave rules, working hours limits,Over time etc.
From India, Pune
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Typical salary breakup.jpg
Salary breakup format.xls