Answer Posted / ravi b r
Total PF Contribuiton is (25.61% on Maximum 6500/-)
Employer's 12% on basic (Maximum on Rs. 6500) = 780/-
Emolyee's 12% on basic (Maximum on Rs. 6500) = 780/-
But 1.61 % Extra had to pay by Employer's for
Administrative Exp. o(Maximum on 6500) = 105
Total Payable by Empoyer's(25.61%) = 1665/-
Total Contribution E.S.I (4.75+1.75)= 6.5%
Employer's 4.75% on Earning Salary (Maximum Rs. 10000/-)
Employee's 1.75 on Earning salary (Maximum Rs. 10000/-)
| Is This Answer Correct ? | 48 Yes | 15 No |
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