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How to Calculate the ESI,PF?it is basic Salary or Gross Salary?

Answer Posted / t brahma naidu

PF IS CALCULATED ON BASIC SALARY.
ESI IS CALCULATED ON GROSS SALARY. IF GROSS SALARY IS
EXCEEDS Rs. 10000/-, THE PERSON IS NOT COMES UNDER ESI
SCHEME AND NO NEED TO PAY ESI. OTHERWISE EMPLOYER
CONTRIBUTE 1.25% AND EMPLOYEE CONTRIBUTE 4.75% ON TOTAL
GROSS SALARY.

Is This Answer Correct ?    4 Yes 12 No



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