Esic.. CiteHR
CiteHRCiteHR
 
HOME RISE NEW TEAM →|

HR.Priyanka Started The Discussion:

As i came to know that employer can deduct ESI from employee CTC but I want to ask that is their is any creteria for Deducting ESI. Should we deduct ESI of each n every employee.

What is the ratio of that deduction and what will HR do at the end of deduction.

S P Chauhan -  Member Since: Jul 2008
ESIC deducted on salary BASIC + DA where as employer has to contribute 4.75% and employee share 1.75% of salary not on CTC as per my knowledge and it is applicable to all the employees who has salary of (Basic + DA) 10000/- per month.




 
 
 
 





POSTING RULES OF CONDUCT
  • Do not post anything derogatory about any company or person.
  • Sharing articles from other websites should be done by posting a link to the original article.
  • To discuss sensitive issues create a pseudo/anonymous account.
  • Please avoid repeat posting your company profile - such accounts are removed automatically.
  • Found This Useful? +Vote Up This Via Google.  

    Why Vote? User validation is extremely important for good content to prosper.
    Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.

    Cite.Co helps people come together to solve each other's problems on all aspects of professional life.
    Share This Discussion:


    3M Users, 100K+ Documents & 450K+ Discussions
    About Us - Advertise - Contact Us - RSS   On Google+  
    All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
    Privacy Policy | Disclaimer | Terms Of Service
    Facebook Page | Follow Us On Twitter | Linkedin Network