How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
Answer Posted / rameshbabu
HI Frinds,
PF amount will calculate on basic+DA @12% and e,ployer also
pay the same amount.In this employer contribution 3.67%
will goes to PF account rest of amount 8.33% will goes to
pension fund.EPS salary was maximum 6500/-.
ESI calculate on gross salary .ESI amount will deducted
from employee side 1.75% and employer will pay 4.75%.
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