Answer / koteshwar reddy

Salary is different pay components like
Basic,DA,HRA,Conveyence Allowances,Medical allowamces & etc.
The Sum total of all the Pay components is Gross Salary.
Percentage of the component is User Defined. Ex: Typically
30 - 50 % of gross Salary is Basic.

ESI is caliculated on Gross Salary(Less than 15000 per
Month)

PF is calculatd on Basic Salary.

Employer Contrubution is not included in the Gross Salary.

Answer / mallikarjunarao

salary is calculate salary means basis salary +da+allaowance
and pf calculate on basic salary and esic & pf on calculate
on gross salary

Answer / ravi

basic+da+hra+ta=gross salary
gross-pf-pt-esi-lic=net salary

Answer / vv siva prasad

there is no exact limit for Basic Salary. It May be either
30%,40% or 50%. And the Same rule applies for DA, Allowance.
They might be 30% and 20% respectively.
1)ESIC Eligibility Should be upto 10000/-(Total Salary). If
exceed, He is not eligible for ESI. % of ESI = 6.5
ESI Employee Contribution 1.75
ESI Employer Contribution 4.75

2)PF eligibility Upto 6500/- (on Basic Salary). %PF = 24
PF Employee contribution =12% (8.33% EPF and 3.67 EPS)
PF Employer contribution =12%

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