hai can anybody tell me how do we calculate the PF, PT and ESI ? what are the rules and regulations to calculate all these.............. i hope to here answres from you Prajaktha
From India
From India
Hi Prajaktha,
PF is contributed from both the sides @12% of basic salary...
ESI is calculated @1.75% of gross salary from employee side... and @4.75% of gross salary from employer side...
And the ceiling for ESI is 10,000/- gross salary... after reaching the ceiling one will be exempted from ESI...
Whereas PT deduction does vary from state to state...
Regards,
Amit Seth.
From India, Ahmadabad
PF is contributed from both the sides @12% of basic salary...
ESI is calculated @1.75% of gross salary from employee side... and @4.75% of gross salary from employer side...
And the ceiling for ESI is 10,000/- gross salary... after reaching the ceiling one will be exempted from ESI...
Whereas PT deduction does vary from state to state...
Regards,
Amit Seth.
From India, Ahmadabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.