How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
Answer Posted / satyajeet dey
ESI Calculate on Gross Salary if your Gross Salary within
10000/ pm & PF Calculate on Basic Salary.
Exp ESI: If your Gross Salary is Rs. 7500 then ESI Deducted
1.75% on Rs. 7500 = 132/-
Exp PF:If Your Basic Salary is Rs. 5000/- then PF Deducted
12% on Rs. 5000 =600/- (Both Emplyer & Emplyee 12%
contribution as per PF Scheme 1995)
| Is This Answer Correct ? | 78 Yes | 15 No |
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