How to calculate ESI pls give with example? and Professional tax give with exa

How to calculate ESI pls give with example? and
Professional tax give with example brother?

Question Posted / venkateshpentam

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How to calculate ESI pls give with example? and Professional tax give with example brother?..

Answer / dileep singh

Esi Persentage is 1.75% on employee salary and 4.75% on
employer parts total 6.50% this is calculate BASIC
salary+DEARNESS ALLOUNCE
EX Salary is 5000(Basic)+2000(DEARNESS)
ESI= 7000X6.50% =455

employee contribution @1.75%=123/-

employer contribution @4.75%=332/-

Is This Answer Correct ?

19 Yes

3 No

How to calculate ESI pls give with example? and Professional tax give with example brother?..

Answer / narsimhulu

Esi Persentage is 1.75 this is calculate Gross salary
EX Salary is 5000(Basic)+2000(Benfits)
ESI= 7000X1.75% =123

Is This Answer Correct ?

13 Yes

3 No

How to calculate ESI pls give with example? and Professional tax give with example brother?..

Answer / sunil jadhav

It is Employee Insurance Schemes and to be calculated at the
rates prescribed In the ESI Act.

And professional tax to be calculated as per rated
prescribed by the state Government.

Is This Answer Correct ?

6 Yes

6 No

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