how much percentage of ESI will be deducted in salary?
Answer Posted / vinay kumar kharbanda
ESI is deductible from salary of employee @1.75% and
Employer contributes @ 4.75%
The threshold limit is Rs.10000/- i.e. if the salary is
equal to ir more than Rs.10000/- than no ESI is deductible
from particular employee salary and also employer will not
contribute for the same.
| Is This Answer Correct ? | 71 Yes | 48 No |
Post New Answer View All Answers
Comments Elements in accounting
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
fiscal year variant Vs posting period variant
what is the difference between sap and sas?
if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?
What is the New GL concept? how do you configure new GL a/c?
What is back value adjustment/correction in Nostro Reconciliations?
For what purpose ERS is used for?
Distinguish capital and revenue expenditure
What is the working formula for Working Capital Turnover
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
Is commodities transaction tax a permissible business expenditure? Explain
How can a company reduce profit
barwaha
difference between vat 47 & vat 49