Hi,
PF & ESI Calculation
PF 12% of the Basics for BOth (Employer & Employee)
PF Calculation upto 6500 Only above 6500 should not calulate for rest of the BASIC SALARY.
Basics PF 12% (Employee & Employer Contribution Equal Level)
5000 600
ESI
Empoyee Contribution= 1.75%
Employer Contribution= 4.75%
Gross Salary ESI 1.75%(Employee) 4.75% (Employer)
10000 175 475
Above 10000 Gross Salary
They are not eligible for ESI
Regards,
Vinoth.R
