Finance/Compliance Consultant
61401 Points
Posted on 23 May 2020
EPF is always calculated on Basic Pay Only.
When calculating ESI, the elements that comprise an employee’s gross salary include Basic Pay, Dearness Allowance, City Compensatory Allowance, House Rent Allowance, Attendance & Overtime Pays, Meal Allowance, Uniform Allowance, Incentives and other Special Allowances.