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Provisions for pf, esi,profession tax

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(Querist)
10 July 2013 Please Give me detailed information on Employees' contribution to ESI, P.F., and Profession Tax. How to calculate them? What are the tax provisions?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
11 July 2013 1. PF- employee contribution 12%, employer contribution 8.33% for pension 3.67% of PF. all are in basic salary

2. ESI- employer contribution- 4.75% on gross salary & employee contribution -1,75% on gross salary

3. PT depends on your state PT act & slab
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
11 July 2013 1. PF- employee contribution 12%, employer contribution 8.33% for pension 3.67% of PF. all are in basic salary

2. ESI- employer contribution- 4.75% on gross salary & employee contribution -1,75% on gross salary

3. PT depends on your state PT act & slab
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