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

Answer Posted / lakshmi prasanna

PF is calculated on Basic Salary which is of 12% both
Employee PF and Employer PF

Ex: IF Basic salary is 3,200/- the PF is =384/-

ESI is Calculated on Gross Salary which is of 1.75% as
Employee ESI and coming to Employer ESI it is of 4.75%

EX: If Gross Salary is 8,000/- then ESI 1.75% ON Gross
Salary= 140/-

In Employer PF i.e 12%. 8.33% IS Used for pension purpose
and the remaining 3.67% is for PF

Is This Answer Correct ?    49 Yes 11 No



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