How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
Answer Posted / rameshbabu
ESI calculate on gross salary. That is 1.75% from emploee
and 4.75% from employer share.
PF calculate on Basic+Da or Basic 12% from employee and
employer 12%.Here employer payament goes to 2 ways one for
pension(maximum-6500/- salary @8.33%)rest of amount goes to
employer PF @3.67%.
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