amitsagar Started The Discussion:
What is ESI,PF,PAYROLL And it used ?
Posted 28th October 2007 From India, Delhi
Dear Amit

ESI is Employee State Insurance and it is used for the benefit of the employee and if the gross salary of the employee is <= 10K, than it is applicable on the employee and 1.75% amount will be deducted from the Gross salary. one can get the medical benefit from the ESIC. for more details please log on esic.nic.in

PF is Provident fund which is applicable if the basic salary of the employee is <=6500/-. 12% amount deducted towards PF from the basic+DA and this amount goes to PF authority. employer has to pay the same % and he has to deposit the same into PF Dept.

Payroll is a wide term which manage the salary part of every employee. In short, it includes Salary structure, Taxation part and reimbursement.

Regards
Nirmal Kumar Sahu
Posted 30th October 2007 From India, Bangalore
What is the utility of ESI Card ??? I saw many times the add of ESI Card on TV .. Could anyone please tell me utility of ESI card ?? Sohan Aulakh
Posted 22nd September 2010 From India, Jalandhar
its nothing but just emplyee benifite 1.75% contribution by employee. and 4.75% contribution by employer
Posted 13th November 2010 From India, Hyderabad
hrm789 
Hi ESI is that and ESI is this.......so many people will already discussed here and also attached so many documents.... So type at Cite HR google search box (TOP)
Posted 16th November 2010 From India, Madras
i will be deducted by 26 days then which days to be i will pay in esic.

Ex: Working Days 25, Wage 12500, Calender Month: 30 Days. Which days i have taken and pay that employee by ESIC

=12500/30*26

=10833.00
Posted 30th May 2015 From India, Hyderabad



 
 
 
 







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.

About Us - Advertise - Contact Us - RSS   On Google+  
Copyright 2016 Cite.Communities (CiteHR.Com) User contributions are owned by the contributor.
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network