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

Answer Posted / moinuddin khan

ESI is calculated on Gross Salary,.
PF is Calculated on Basic salary.
Both Employer and Employee will make equal contribution to PF.
PF(Basic) ESI(Gross)
Employer: 13.61% 4.75%

Employee: 12% 1.75%

Is This Answer Correct ?    15 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

do we have tds in nigeria

2600


If any new form open than we are able to deduct TDS on first year

1800


what is the Difference between Compound Sales and Deemed Sales?

1672


how to caluclate the mumbai tax with example? what is mean by credit and debit ?

1448


Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?

1380






please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales

1372


What is the due date of P.Tax return filing for Staff? Yearly Tax amount with Rs. 30,000/-

1878


How can I Return CST Form-I

1255


How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?

2127


What is excise & service tax?

641


About vat, service tax, tds, cenvat

2710


WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify

1320


procedure of service tax

1686


what about WCT (Work Contract Tax)

1602


WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

1498