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What is means by ESI ? How to calculate ESI ? ESI challan or
form No. ?
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Answer Posted / viswanatha
esi means employees state insurance
1. All employees on a gross salary of Rs.10000/- or less are covered under the ESI Scheme.
2. The Employer's share of contribution is 4.75% of Gross salary and Employee's share is 1.75% of the Gross Salary.
This is the formula for ESI deduction.
| Is This Answer Correct ? | 301 Yes | 62 No |
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