Hi,
Here is my query.
Should ESI will be deducted from my salary?
CTC - 22000
Pay & Allowances
Basic Salary - 11,200
HRA - 4,480
Conveyance - 1,600
Special Allowance - 2,294
Sub Total - 19,574 (my company told me that If your Subtotal >=21000 then ESI will not deduct . IS IT TRUE?)
Deductions
ESI Deduction - 352
PF Deduction - 1,344
Total Deduction - 1,696
Salary Paid - 17878 (Sub Total - Total Deduction)
Employer Contribution
PF Contribution - 1,496
ESI Contribution - 930
Total Contribution - 2,426
CAclubindia
