Employee State Insurance Corporation (ESIC) on its 176th meeting has taken a decision to provide medical treatment to the noninsured persons. This will benefit the normal citizens who are not in a part of employee state insurance scheme. As per this decission taken … Read more
EDLI will be calculated at a rate of 0.5% on total PF wages of the employees i.e basic wage + Dearness allowances. EDLI contributions will be present A/C no 21 of PF challan. EDLI means Employee Deposit Linked Insurance. Employees who are covering … Read more
The ministry of labour and employment is going to pay 7 weeks maternity wages to the employers who employ women workers with a monthly gross salary of below 15000 Rs and provides maternity leaves for 26 weeks. The reason behind this is there … Read more
Every salaried employee should know about what is basic salary, what is gross salary and what is the difference between basic salary vs gross salary, and how much basic salary are you getting and how to calculate basic salary. Here you can find … Read more
Dealing with the human resource is one of the major tasks in any organization. So every employer wants to have a dedicated human resource team in their organization. HR assistant is a starting position for business management graduates. Here we have duties and … Read more
Here is a sample salary structure in Excel format which will help you in calculating the net salary of employees and the CTC of the employer. The below salary breakup format in excel consists salary breakup structure, salary breakup percentage, and a CTC … Read more