What is means by ESI ? How to calculate ESI ? ESI challan or
form No. ?

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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How can I Proceed to my client regarding Advertisement Bill as we are dealing in advertising agency and also clear us can we deduct TDS on their bill? For Example we receive a bill from The Sandesh Ltd. of Rs. 50000/- and they do not mention service tax in the bill. So, Kindly provide the Guidelines regarding This Problem.

1683


what is excise duty and how can we mantain its account in outgoing and incoming of bill status.

1628


Explain deferred tax asset?

972


Rules for filling Income Tax return for an Individual ?

1597


Please explain how to pass entry for VAT setoff and Service Tax Credit?

2832






#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY

1653


please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales

1469


How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.

11411


hi which form issue again ogs purches & sales ? which is the tax rat we issue c form?it's cst3% is avelabe to issue the c-form?

5855


DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?

1927


What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?

1828


Define the term "Manufacturer"as introduced in finance act2010.

1749


i have paid P-TAX ( employee ) in EC code & P- TAX ( COMPANY)paid in RC code.how can i solve this poblem?

2906


i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible

1581


My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?

1696