how esic be calculated?
On basic salary or earned salary?

If i have gave advance salary to an employee in last month
then how should i deduct the salary

take an example
if salary of an employee is Rs. 4750
and i deduct rs. 83 as esic contribution in current month


if i've gave 83 in advance in last month then how much money
exactly i give him.

means esic cut on 4667 or 4750?

Answer Posted / rajiv verma

we will deduct on 4750/- becoz esic deducted on gross salary

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Excise duty applicable for Handmade Production?

2836


WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.

1495


Our firm is 7 years old. We don't have PT registration for partners as well as employee. If we do it now, will it be a problem or how much penalty will come. Any one can give suggestion.

1469


Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?

1785


can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged

1907






WCT charged on firm or on proprietor?

1158


What are the deductions under salary head?

558


what is WCT rate in chhattisgarh

2918


what is the circle of tds and its rate chart

4833


In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?

1213


Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me

1677


sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?

1202


Please mail me the TDS rates for the year 07-08? aamirdeba@in.com

1597


How do you plan to achieve these goals?

1891


Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)

2022