If an employee gross salary is 20000 Rs Then
Net Salary = 20000-(PF 1800 + ESI 350 + PT 150)= 17700 Rs
(PT varies from state to state)
Cost To Company = Gross Salary + 13.36% PF on Basic wage + 4.75% ESI On Gross Salary
Read complete difference @ Gross Salary Net Salary Difference & Cost To Company

From India, Hyderabad

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views.

Add Reply → Start New →

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2022 CiteHRŽ

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server