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Employee cost, treatment of esi and epf

Costing

Why are those two deducted from the salary In the illustration 1 they were added

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mani charan

mani charan

CA Final

3K+

09-May-22 21:52

493

Answers (2)

Best Answer

Net Employee earnings means Actual Amt paid to employees i.e. after deduction of statutory payments.. Employee Cost means The total cost incurred by Employer (company) for specific employee in an organisation


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