Answer Posted / naresh

The abbreviation ESIC stands for "Employee's State Insurance
Scheme".
check this link for more
information:http://esic.nic.in/citizen_charter.htm
The deduction in salary against various heads are as given
below:

PF: 12% of Basic+DA (Employee Share)
12% of Basic+DA (Employer Share)

ESIC : 1.75% of Gross Salary (Employee Share)
4.75% of Gross Salary (Employer Share)

EDLI : 0.5%

wrong number in series is 1,6,33,165,740,2970,10395

1418

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