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

Answer Posted / jagadeesh reddy

For ESI EE should be contribute 1.75% on Gross Salary(Limit
Rs.15000/-)
For PF EE should contribute 12% on his Basic Salary.
Employees drawing basic salary up to 6500/- have to
compulsory contribute to the PF

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

If we use google licence in our office for one year.Google raised invoice annualy. so that on which section tds will be deducted.

1547


what is the prime cost? and factory cost how to calculate it?

1633


In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.

1188


Service tax applicable or not for Govt Guest House contract work.

1623


what is cenvat credit? plz tell service tax interest rate and watz it procedure...

1799






wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.

1142


Sir we have maintaint RG 23 Part I Excise Register manually but we can maintaint excise register in Tally erp 9 we tray but tally not show properly RG 23 Part I Excise register like manual. please guide & solve the problme.

1506


if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount

1468


Sir please confirm job work sale for clothes shat d1 yes & no

1311


what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?

1491


What is meant by Cost of Improvement?

1593


I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries

2149


How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?

2135


Define FBT with example & how it can be calculate ?

1120


we charge service tax in our Invoice.we pay it in time. At the end of the year other party gives his deduction as certificate. what to do with it ? how to submit again to tax authorities?

1458