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
Menu
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)
Recent Topics :
- Subject: Can I Apply for Fresh GST Registration on
- Additional place in GST RC
- Company 3 months old, INC-20A not filed, all 3 of
- How do I choose the Best GST Lawyers in New Delhi
- Loss on sale of residential flat after indexing al
- Short Deduction
- Large mismatch between AIS Business Receipts and G
- Income tax on Australian Stipendiary Steward on 3
- INCOME TAX SECTION 92E
- Queries on Tax Invoice and GST
Related Topics :
CAclubindia
