Provident Fund:- Calculated on basic sal. which is 12% from employee and 12% of employer, and it is part of your CTC.
There are conditions for Provident fund:
1) 12% of basic contributed by employee
12% of basic contributed by employer
2) If Basic > 6500, there is a catch of 6500
12% of basic contributed by employee, but
12% of 6500 contributed by employer
3) If Basic > 6500, both
12% of 6500 contributed by employee
12% of 6500 contributed by employer
4) If Basic < 6500, then there is a catch of 5500
12% of 5500 contributed by employee
12% of 5500 contributed by employer
Note: any one condition could be followed in a organization, and employee could contribute voluntary i.e more than 12%
The ceiling coverage in ESI is gross salary<=15000, then eligible for esi benefits.
The contribution of ESI
Employee contribution is 1.75% of gross
Employer share is 4.75% of gross

From India, Delhi
Dear PF is calculated on both Basic +DA and not HRA. HRA is calculated on basic +DA. The employees whose basic salary is less than 6500 Rs does not get the facility of PF. Regards Pooja Khanna
From United Kingdom, Leeds
My office deduct 10% from Basic+DA and also contribute 10% by office, we are 12 employees, how we move to Contribution rate 12%, is it possible? any rule regarding this. Pl. reply/help.
From India, Kolkata
How to join with NIPM.pls help me sir i am student in st.joseph college.
From India, undefined
Hi, Is it mandatory to show ESI deduction in the appointment / offer letter of a new joiner. Regards, Pramila
From India, Chennai
Hi, I want to know whether is it necessary to have a DA component in Salary structure especially for shipping company?
From India
if employee not cover in esi after increment then employer part of esic will be add in his ctc ?
From India, Pune
Dear All ++++++++++++++ Thanks for your inputs. Wish a happy and prosperous festival of lights, DIWALI +++++++++++++
From India, New Delhi

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