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what is E.S.I, P.F rates and working notes

Answer Posted / shishu pal singh

Total PF Contribuiton is (25.61% on Maximum 6500/-)

Employer's 12% on basic (Maximum on Rs. 6500) = 780/-
Emolyee's 12% on basic (Maximum on Rs. 6500) = 780/-

But 1.61 % Extra had to pay by Employer's for
Administrative Exp. o(Maximum on 6500) = 105

Total Payable by Empoyer's(25.61%) = 1665/-

Total Contribution E.S.I (4.75+1.75)= 6.5%

Employer's 4.75% on Earning Salary (Maximum Rs. 10000/-)
Employee's 1.75 on Earning salary (Maximum Rs. 10000/-)

Is This Answer Correct ?    84 Yes 18 No



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