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

Answer Posted / chiranjeevi

Hi folks,
As per F.Y 2017 18 ,
PF - we'll Calculate on basic ( 12% on basic) or limit to 1800, if more than 15000 basic per month.

ESI - Effective from 1st Jan 2017, Whose gross earnings are less than 21000, Employees who are under ESI coverage.

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