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Esic calculation - gross salary after considering employer share of esic
I am really confused as to calculation of 21000 gross salary for suppose i have a ctc of rs. 280000 which includes pf employer share rs. 20160 1680 per month and hence my gross being 259840 21653/month. now my understanding of deciding whether a person is covered under esic is if ctc pf employer < 21000/month then the person will be eligible for what the other suggestion i have received is if my ctc is rs. 280000 pf employer is rs. 20160 and esic employer share is rs. 11782 4.75 of gross so my gross drops to rs. 248052 20671/month now since my gross after considering employer share of esic is below 21000 i will have to be registered under kindly help as to which method of calculation is correct. thanks
Pf & esic calculation w.e.f. april 1 2019 as per the new rules and guidelines
Please help me to understand the pf & esic calculation w.e.f. april 1 2019 as per the government s new rules and guidelines. is exgratia will be inculded in gross salary? also please explain the meaning of gross salary for both epf and esic calculation.
Pf esic calculation
Dear sir i have a confusion for the deduction for pf & esic amount if somebody joined us but he worked only one day after that he was not coming in the office the he is eligible for pf & esic contribution? this is compulsary for deduction or any rules for the calculation of pf & esic if he is working 1 day or not less than 7 days?. regards lavkush tripathi
Pf and esic contribution
Can anyone plz tell me how what is the of contribution of pf by the employer and employee and what are the edli and admin charges..?? and only of basic and da pf is charged.. also plz tel me the calculation of esic and on what esic are charged thanks and regards sugandh 09470354113
How to calculate pf & esic in pvt companies?
Can anyone plz inform me how to calculate pf & esic in pvt. companies ? what is the of contribution of pf by employer and employee and calculation of esic and on what esic are charged ? kind regards anjali k anjalicreolestudios.com
Over time calculation with pf-esic
Dear all can anyone tell me about the calculation for over time if you are covered in act. i heard that you have to deduct esic on overtime amount. what will be the rate of overtime if an employee getting rs4000/month salary and he /she worked for 25 hrs as overtime in a month. is this like that ovetime should be 1.5 or 2 times of normal working hrs? awaiting your prompt reply. thanks and regards vikas kumar 9968008206