what is ratio of PF and esic between employee and employeer ? is it true that the employee whose salary less than 10k only eligible for esic deduction form salary?
From India, Bhopal
1From India, Bhopal
PF contribution is based on basic + DA
12% from Employee side
12% from Emplyoer side in which
8.33% is family pension
3.67% is PF
1.10 % EDLIS
0.50% is Admin charges for EDLIS
1% is Admin Charges.
like wise 25% is the total contribution from both side for PF
ESI Contibution
total is 6.75%
From Employer side 4.75 % of gross salary
From Employee side 1.75 % of gross salary
From India, Pune
12% from Employee side
12% from Emplyoer side in which
8.33% is family pension
3.67% is PF
1.10 % EDLIS
0.50% is Admin charges for EDLIS
1% is Admin Charges.
like wise 25% is the total contribution from both side for PF
ESI Contibution
total is 6.75%
From Employer side 4.75 % of gross salary
From Employee side 1.75 % of gross salary
From India, Pune
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PF ESIC.xls