Are you involved in payroll? What is the percentage of deduction of PF and ESIC of employer and the employee?
Are you involved in payroll? What is the percentage of deduction of PF and ESIC of employer and the employee?
Yes I am involved in payroll activities. The contribution of employer in PF is 13.61% of basic while an employee contributes 12% of basic.
On the other hand ESI is applicable to all those employees whose gross salary is more than 15000. The contribution of employee is 1.75% of gross while employers’ contribution is 4.75%.
Discussion
- RE: Are you involved in payroll? What is the percentage of deduction of PF and ESIC of employer and the employee? -Priyanka (01/18/19)
- For PF both employer and employee contribution is 12%, however employee can contribute beyond 12% and there is no such obligation on employer
- what is use for emp (pt) -ram anji (05/10/17)
- what is use for emp if i will pt amount what is the benfit for emp
