Question { Airtel, 450615 }
How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
Answer
PF Deduct on basic salary 12%(Celling amount 6500/-)
some companies deduct basic salary 12%
some companies deduct celling amount 6500/-(780/-)
ESC Deduct on Gross Salary limit 10000/-
Employee contribution 1.75%
Employer contribution 4.75%
total 6.50%