Hello Sir,
I work in a private software firm. My salary is Rs. 12000(Basic+DA) and basic salary is Rs. 8000.
Can you please explain me how much EPF & ESIC should be deducted as per latest government rules.
Thanks & Regards,
Pahul Gandhi
Pahul-It is 12% of Rs.12,000 i.e. Rs.1,440 from your salary towards EPF. The same contribution will be from your employer too. However, I am not an expert in ESIC. Hence, don’t know much on it.
Thanks for your answer<br>But these people are deducting Rs. 3918 from my salary and I get Rs. 8082 in-hand, so is there any way I can stop getting it deducted?
Pahul-As far as EPF is concerned, if your Basic+DA is less than Rs.15,000 per month and your company comes under EPF act, then you can’t escape from EPF. I am not aware of ESIC rules. Check the same with your employer.