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
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
CMA Ramesh Krishnan
(Expert)
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
Message likes :
1 times
07 November 2012
will it applicable at labours also who is getting 5k per month
or
there is any other rules for labour
or
there is any other rules for labour
CMA Ramesh Krishnan
(Expert)
07 November 2012
ESI & PF rules applicable for both labour and staffs.
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