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(Querist)
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
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CMA Ramesh Krishnan

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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
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aaditya

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aaditya (Querist)
07 November 2012 will it applicable at labours also who is getting 5k per month
or
there is any other rules for labour
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
07 November 2012 ESI & PF rules applicable for both labour and staffs.

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