Answer / manoj chandra sharma

It is not mentioned in the question that whether Rs.150000
is gross or net salary

It is presumed that it is Net Salary

So
Let Basic Salary = x
Now
Net Salary=Basic -Employee PF Contribution-Employee ESIC cont.
150000=x-x*12%-x*1.75%
x=173913
therefore basic =173913
pf= 20869
esic=3043

Answer / lina

if u r salary is more than 1,50,000 pa so my basic salary ,
pf,esi and tax (form no 16)

Answer / sandeep garg

Rs. 52,500/- Basic Salary Rs. 6300/- P.F. Rs. 2625/- ESIC Rs.
141075/- balance

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