What is the new calculation for ESi and PF.
Ceiling limit for PF raised to 15000. ESI is 25000.
How will calculate esi and pf for an employee whose salary is
1. 26000
2. 20000
3. 10000
4. 4000
Thanks in advance
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Esi/pf new revision calculation 2014
Replies (1)
Find out the ESI for the basic salary of Rs 25000?
Step 1:
Enter the salary, For Step 2:
Employee contributes 1.75% for ESI. Now compute as shown here, ESI = 25000*(1.75/100) =
Step 3:
Employer contributes 4.75% for ESI. Compute as shown here, ESI = 25000*(4.75/100) =
PROVIDEND FUND CALCULATION AS PER THE FOLLOWING:
EPF= Employee (12% of salary + DA) + Employer (12% + DA)
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