Calculation of esic contribution
This query is : Resolved
chetan sahu
(Querist)
28 April 2012
Dear sir,
I am working in a residential hotel in Jamshedpur.I want to know about the calculation of esi contribution of the employee.
Is it calculated on BASIC+DA+O.T.?
Suppose that my basic + da =6000.00 and o.t.amount is 2516.00 for the month of March 2012.The esi contribution calculation should be calculated on which amount 6000.00 or sum of BASIC + DA +O.T. i.e. 8516.00.
Please give me the true knowledge.
I am working in a residential hotel in Jamshedpur.I want to know about the calculation of esi contribution of the employee.
Is it calculated on BASIC+DA+O.T.?
Suppose that my basic + da =6000.00 and o.t.amount is 2516.00 for the month of March 2012.The esi contribution calculation should be calculated on which amount 6000.00 or sum of BASIC + DA +O.T. i.e. 8516.00.
Please give me the true knowledge.
28 April 2012
ESIC is calculated on gross salary (=monthly salary paid).
Calculate ESIC if salary <= Rs. 15000 pm
(pls. check the slab of 15k)
Calculate ESIC if salary <= Rs. 15000 pm
(pls. check the slab of 15k)
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