10 January 2017
what is the difference between NET SALARY AND TAKE HOME SALARY.. This is my salary structure. GROSS SALARY=Basic+HRA+Conveyance+Medical+TELEPHONE+LTA+OTHERS. PF 12%(EMPLOYER/EMPLOYEE) = 12% OF BASIC .....................(Correct or not?) ESIC 4.75% = (Basic+HRA+Conveyance+Medical+LTA)*4.75%....................(Correct or not?) ESIC 1.75% = (Basic+HRA+Conveyance+Medical+LTA)*1.75%....................(Correct or not?)
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