How to calculate pf, esi, vat, sales tax etc.,
Answer Posted / dheeraj singh
P.F. Employee's Contribution = 12% Of Basic Salary
Employer's Contribution = 13.61 % Of Baisc Salary
Total Contribution = 25.61%
Employee's A/cs = 24%
Adm.Charges = 1.61%
E.S.I.C. Employee's Contribution = 1.75% of Gross Salary
Employer's Contribution = 4.75% of Gross Salary
Total Contribution = 6.5%
VAT, 4.5% & 5% Vat Basic Value of bill.
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