Understanding India's Payroll Process: How Do Labour Laws and Wage Acts Affect You?

I want to know the Payroll process for India. What are the labour laws, wage acts, HRA, ESI, PF, TDS, and other calculations, and any important things to be considered to process the payroll of the employees? Looking forward to your reply, which will help me a lot.

HRA = 40%

ESI Contribution:
In ESI, the employee's contribution is 1.75%, and the employer's contribution is 4.75%. Both are calculated on the gross salary.

PF Contribution:
In PF, both the employer and the employee contribute equally at the rate of 12%.

Regards,
Abhishek

PF contribution is as follows:
- Employer contribution: 13.61% of basic
- Employee contribution: 12% of basic

If there is any discrepancy, please let me know.

Regards,
Geetika