Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

how much percentage of ESI will be deducted in salary?

Answer Posted / priya

The ESI Scheme is mainly financed by contributions raised from employees covered under the scheme and their employers, as a fixed percentage of wages. As of now, the rates of contribution are:-

( i )

Employees’ Contribution

:

1.75 percent of wages



(ii)

Employers’ Contribution

:

4.75 percent of wages



Employees’ earning upto Rs.50/- a day as wages are exempted from payment of their part of contribution.
The State Govts bear one-eighth share of expenditure on Medical Benefit within the per capita ceiling of Rs.900/- per annum and any additional expenditure beyond the ceilin

Is This Answer Correct ?    20 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how a fund flow statement benefit the individual, corporate?

2293


what is mean by provision ? give me examples ..

2206


Who to create a budget on software company

2182


How can i prepare MIS report for Finance?

2496


what is book profit

2246


How good are you at Finance?

2179


DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?

2199


Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1766


What is wealth maximisation

2140


tell me about roll model as father

2305


How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?

2672


How can I find out my credit rating score for free?

2120


1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation

2069


Explain why retained earnings have an opportunity cost associated?

3528


You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000

2056