How Do We Calculate Professional Tax,esi,pf,tds - ZIP Download

rajeev zoman
dear friend
find the details attached below regarding calculation of PT, ESIC,PF.etc.
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Shravan2131
Dear All,
This is shravan, as per my sense of Knowledge esi will be deducted upto 15000/- gross in ANDHRA PRADESH
lohitkumar@ymail.com
hi all,
i just read all the comments of PT but what i used to think is pt is something which is described by state govts and they revise the PT rates half early. .is it true..?
SUNEELKMASUR
Dear All,
ESI limit is Rs.15,000/- not 10,000. and calculation is 1.75% of gross salary from employee side and 4.75% of the same from employer's side.
PT various from state tot state.
PF will be 12% of Basic. you can limit it to Rs.780 as per the law. Two portion will be calculated - 12% from Employee + 12% from Employer.
if any employee getting basic more than Rs.6500 can opt out of PF but he need to submit Form 11 for the same.
regards
suneel.
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