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Categories >> Accounting >> Taxation


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 Taxation interview questions  Taxation Interview Questions (1898)
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How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
 Question Submitted By :: Taxation
I also faced this Question!!     Answer Posted By  
# 1
ESI will be calculate on Gross Salary upto 10000/- & PF will
be calculate on Basic Salary upto 6500/-
Is This Answer Correct ?    1098 Yes 230 No
Manoj Thakur
# 2
Is This Answer Correct ?    1139 Yes 306 No
# 3
PF Is calculate the 12% of Basic Salary,ESI is Calculated
1.75 % of gross Salary.

EXP : My Salary -10,000/- ESI 1.75 % - 175 Per Month.

EXP : My Salary -6,500/- PF 12 % - 780 Per Month.

Thanking You.
Is This Answer Correct ?    396 Yes 37 No
# 4
PF will be calculated on basic of 6500/-, if basic+da is
more than 6500, we take calculation on the 6500 only of 12%,

ESI will be calculated on the gross salary of 10,000
Is This Answer Correct ?    442 Yes 91 No
# 5
esi calculate on gross salary 1.75% and pf calculate on
basic salary 12%
Is This Answer Correct ?    405 Yes 58 No
Tajinder Kaur
# 6
How to Calculate the ESI,PF?it is basic Salary or Gross
Is This Answer Correct ?    460 Yes 123 No
# 7
PF will be calculated on (basic+da), if (basic+da)is
more than Rs.6500, we take calculation on the 6500@12% i.e.
Rs. 780/- is maximum limit.
ESI calculate on gross salary is 1.75%
Is This Answer Correct ?    335 Yes 47 No
Amit Sharma
# 8
PF is calculated 12% of basic & ESI is calcucated 1.75% of
Is This Answer Correct ?    300 Yes 28 No
Tanuja Attri
# 9
Dear Friends,
PF is calculated on basic salary and it's 12% of basic.And
if basic is more than 6500 then also it is deducted 780 is
the maximum limit.
It's due to ceiling of 6500/-.
But in some firms 780/- is not limit there is deduction of
exact 12% of basic if my basic salary is 11500 then there
is deduction of 1380/-.
And in PF there is contribution from emloyer also.
If my PF is deducted 780/-then Employer will also
contribute 780/-.But whole this 780 is not going to PF
account.Out of 12% of employer contribution 8.33% is
contributed for pension scheme and 3.67% for PF.

And ESIC is calculated on gross salary.
If gross salary is more then 10000/- then the employee is
not applicable for ESIC.ESIC is deducted as 1.75% of gross
salary of employee.In ESIC also there is Employer's
contribution and it is 4.75% of gross salary.
Is This Answer Correct ?    258 Yes 29 No
Neeta Pandey
# 10
Epf Calculate Basic + Da (Min 6500, Pension Calculation Is
6500 only
ESI Calculate Gross (Washing Allowance Exempted) Min 10000/-
Is This Answer Correct ?    94 Yes 19 No

Other Taxation Interview Questions
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What is WCT? On Which it is calculated?pleasegive any example.   1
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what is the process of filing the return (both)   2
if tiny payment made for computer parts or computer purchase or computer maintainance then how much TDS to be deducted. whether computer maintainance to be considered as contract & tax to be deducted (TDS) from the payment   3
Where do you see yourself after 5 Years? Ernst-Young 13
what ate the difference between tds and income tax and which form is used for deposit tds and income tax.give me detail infromation about this question. Parryware 2
If purchaser receive 4 nos Invoice from seller agnst Inter State Purchase in One Quarter and By mistake Purchaser issued one Form C in One Quarter only for 3 Invoice. Can he (Purchaser) issue another Form C for rest 4th Invoice or not???   3
who is person issued form "H" in case of sale against form "H" (export sale)?   1
witch one is the best book of Tax preparation tell me as soon as waiting for ur reply .   1
For more Taxation Interview Questions Click Here 

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