What is ESI,PF,PAYROLL And it used ?

28th October 2007 From India, Delhi

Nirmal Kumar Sahu
Operations, Process, Projects
Office Executive
+2 Others

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.
Nirmal Kumar Sahu
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
22nd September 2010 From India, Jalandhar
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)
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
30th May 2015 From India, Hyderabad
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