Salary

This query is : Resolved 

03 November 2012 Hello All

if any co. offer CTC 120000. then they will be liable to deduct ESIC & PF.

and if liable then how much they will deduct ESIC 1.75% and PF 12% or ESIC 6.5% and PF 24%

if it's possibel then please provide any link of site and details to view more about it

03 November 2012 CTC means Cost to the Company which includes all your pay. so PF 24% & ESI 6.50% will be deduct from CTC to arrive net pay

07 November 2012 will it applicable at labours also who is getting 5k per month
or
there is any other rules for labour

07 November 2012 ESI & PF rules applicable for both labour and staffs.


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