Whether the ESI & PF will be calculated on total emoluments and sum paid to employee be after all statutory obligations?
eg. Rs. 16,718/- is total salary inclusive of VDA.
now net salary to be paid to him is how much in Karnataka at present ?

From India
Dear Mr Nagesh, ESI is applicable on Gross Salary earned.EPF is applicable on Basic +VDA/DA Earned.Net Salary means amount Paid after all deductions.
From India, New Delhi
Hi Nagesh,
When you total up Gross salary the deductions there from will be:
1. Professional tax, if applicable
2. Epf contribution @ 12% limiting the 'salary' upto Rs.15000 or less;
3. Any other permissible deductions like LIC premium, EPS contribution towards Pension A/c.
4. Employees' Union subscription, if any
5. Employees Coop Society's dues, if any
Then you get the Net Pay payable (Take home pay) which has to be remitted to their bank a/cs.

From India, Bangalore
Dear Mr Kumar,
Pl refer to your reply under Sl No 3. Any other permissible deductions like LIC premium, EPS contribution towards Pension A/c.
Out of Employer share of EPF-8.33% is remitted in EPS Fund.Consequently, the same (Employer share of Contribution to EPF & EPS) will not be reflected under Deductions in Employee Salary.
For your information

From India, New Delhi
Yes Mr.Srinath, I meant NPS. (Though PPF also can be contributed but can be done only thru' SI authorisation to the bank a/c.). Thanks for correction.
From India, Bangalore

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