If an employee's gross salary is 20,000 Rs, then the net salary would be 20,000 - (PF 1800 + ESI 350 + PT 150) = 17,700 Rs. (PT varies from state to state)
Cost to Company = Gross Salary + 13.36% PF on Basic wage + 4.75% ESI on Gross Salary
Read the complete difference @ [Gross Salary Net Salary Difference & Cost To Company](http://www.hrcabin.com/gross-salary-net-salary-difference/)
From India, Hyderabad
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17Cost to Company = Gross Salary + 13.36% PF on Basic wage + 4.75% ESI on Gross Salary
Read the complete difference @ [Gross Salary Net Salary Difference & Cost To Company](http://www.hrcabin.com/gross-salary-net-salary-difference/)
From India, Hyderabad
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Gross Salary(1).xls