How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
Answer Posted / lakshmi prasanna
PF is calculated on Basic Salary which is of 12% both
Employee PF and Employer PF
Ex: IF Basic salary is 3,200/- the PF is =384/-
ESI is Calculated on Gross Salary which is of 1.75% as
Employee ESI and coming to Employer ESI it is of 4.75%
EX: If Gross Salary is 8,000/- then ESI 1.75% ON Gross
Salary= 140/-
In Employer PF i.e 12%. 8.33% IS Used for pension purpose
and the remaining 3.67% is for PF
| Is This Answer Correct ? | 49 Yes | 11 No |
Post New Answer View All Answers
what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom
what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent
which form no's wiil be used for filing IT,ADVANCE TAX, TDS,VAT,CST,ST,PT,EXICE DUTY,ESI,PF?What is the Due Dates? very urgent
certificate of export is for which items?
If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
how to calculate of FBT with example & what is Rate
What is the different between Excise Invoice and Invoice
which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes
please send me andhra bank clerk xam model papers
how many sale tax charged on the billing for central dealer by uttar pradesh dealer at furniture items ? & how many sale tax charged for u.p. dealer by up dealer ?
If we use google licence in our office for one year.Google raised invoice annualy. so that on which section tds will be deducted.
what is the difference between vat 100 and vat 120?
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
We have a constructed a goverment approved textile park in year 2007. will we have to pay Service Tax on that Construction Service?