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natrajslm
Dear Seniors,
I have a received a offer letter .In the deduction area For ESI totally they have mentioned 6.5% will be deducted from the salary.My question is employer can deduct only 1.75% from the monthly gross salary .4.5% will be company contribution.But Both the part they are deduction from the employee itself.Kindly let me it is legal as per ESI ACT.Kindly clarify my doubt
Regards
Nataraj

From India, Madras
iinfrasolservices
19

If your offer letter is CTC based then every cost to company shall be included in the compensation. Having said that this again differs from company to company as per their policy. Companies include employer share of benefits eg. ESIC, PF, Gratuity etc as it as a cost-to-company. In a CTC based compensation, find out what will be your monthly gross salary and what will be your net-in-hand salary after deductions.........................rgrds
From India, Mumbai
poornima626
Hi,
Dis is Poornima
Want to know after joining a firm/company what are the letter to b issue and in what sequence to the new joining. and what are the document we have to ask him/her on joining.
Please Help Me..

From India, Delhi
pon1965
604

Poornima,
the following documents to be collected at the time of joining.
Birth Certificate and SSC (X Mark sheet)
HSC and XII- Mark sheets & Certificates
Graduation- Certificate and Mark Sheets
Post graduation- Certificates & Mark Sheets
Last drawn Salary Slip
Relieving Letter from Previous Employer
Pan Card Copy
Passport Copy (if holding a valid passport)
Details of PF Account No, if any
Bank Details and Copy of the Cheque Leaf for depositing the salary
Three Passport Size Photographs

pon

From India, Lucknow
vijayhrd87@gmail.com
1

Hi
What he told right, in your offer letter based on CTC means ESI deduction 6.5% (Including Employer & Employees share) OR Grosse Salary Means Employees Deduction Only 4.75%.
Regards
Vijay Kumar Shetty

From India, Bangalore
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