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How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
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Answer / rakesh yadav
ESIC is calculate 1.75% on basic but it,s calculate whenever
the basic salary is more than 3000 and PF calculate 12% or
10% on Basic salary.
| Is This Answer Correct ? | 3 Yes | 9 No |
Answer / t brahma naidu
PF IS CALCULATED ON BASIC SALARY.
ESI IS CALCULATED ON GROSS SALARY. IF GROSS SALARY IS
EXCEEDS Rs. 10000/-, THE PERSON IS NOT COMES UNDER ESI
SCHEME AND NO NEED TO PAY ESI. OTHERWISE EMPLOYER
CONTRIBUTE 1.25% AND EMPLOYEE CONTRIBUTE 4.75% ON TOTAL
GROSS SALARY.
| Is This Answer Correct ? | 4 Yes | 12 No |
esi calculate on basic salary
ex:your basic salary-9000 per monthly
ESI-9000*1.75/100=157.50
and same way PF also basic salary-9000(per monthly)
PF-9000*12/100=1080.
9000-1080=7920
| Is This Answer Correct ? | 19 Yes | 33 No |
Answer / arunkumar
ESI will be calculated 1.75% of Basic salary
PF will be calculated 12% of the basic salary
| Is This Answer Correct ? | 149 Yes | 206 No |
Answer / kasturi
HI FRIENDS...
ESI CAN BE CALCULATED ON THE BASIS OF BASIS SALARY WHICH IS
MORE THEN 10000
| Is This Answer Correct ? | 34 Yes | 107 No |
Answer / yogesh bala krishana
Pf Is Calculated 12 % On My Gross Salary and ESI Is
calculated 3.75 From My Gross salary
From Employer Side 12 % Of Pf & 1.75 % Of ESI Contribusion.
| Is This Answer Correct ? | 115 Yes | 252 No |
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