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how esic be calculated?
On basic salary or earned salary?
If i have gave advance salary to an employee in last month
then how should i deduct the salary
take an example
if salary of an employee is Rs. 4750
and i deduct rs. 83 as esic contribution in current month
if i've gave 83 in advance in last month then how much money
exactly i give him.
means esic cut on 4667 or 4750?
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Answer Posted / rajiv verma
we will deduct on 4750/- becoz esic deducted on gross salary
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