How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
Answer Posted / v.kalyanakumar
ESI amount for Employee on Gross Salary @ 1.75% on Rs.15000
W.E.F 01.05.2010 and Employer @ 4.75%.
PF 12% on Basic + DA for Employee and Employer Will also pay
12%, But Employer's contribution goes two ways .In this
employer contribution 3.67%
will goes to PF account rest of amount 8.33% will goes to
pension fund.EPS salary was maximum 6500/-.
| Is This Answer Correct ? | 61 Yes | 5 No |
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