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mml eswararao


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Question { Airtel, 475561 }

How to Calculate the ESI,PF?it is basic Salary or Gross Salary?


Answer

PF Deduct on basic salary 12%(Celling amount 6500/-)
some companies deduct basic salary 12%
some companies deduct celling amount 6500/-(780/-)

ESC Deduct on Gross Salary limit 10000/-
Employee contribution 1.75%
Employer contribution 4.75%
total 6.50%

Is This Answer Correct ?    4 Yes 6 No