Pf Calculation - Pf Calculate [Thread 370538]

Hi Kapil
Can you please suggest the way how to apply for HR Exe position ( Junior level) in Siemens or like IT companies and what are the pre requisites these company look for from a potential candidate..
Thanks in advance
Regards
Saswata

Dear,
PF 12% should be calculated on Basic+VDA
ESIC 1.75% should be calculated on Basic+ VDA+ HRA+Spl or ConVey allowance
Regards,
Ruth

PF
Statutory rate of contribution is 12% of emoluments (basic wages, dearness allowance, cash value of food concession and retaining allowances if any,) .
ESI
Currently, the employee’s contribution rate (w.e.f. 1.1.97) is 1.75% of the wages and that of employer’s is 4.75% of the wages paid/payable in respect of the employees in every wage period.