As per the ESI act it is calculated on Gross amount.
To arrive at Gross amount there are various pay elements considered like Basic, HRA, Convy & Spl pay [balancing figure after allocating the amount in other payelements] etc.
As PF, ESI & Gratuity is calculated after Gross salary, and as ESI is calculated on Gross i am getting a circular reference while i prepare the the salary fitment in spread sheet.
Can body guide me how to arrive at gross earnings as Spl pay is balancing figure?
Appreciate an early response.
hope u are clear now.
for any help keep in touch
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