Office Administrator
Srinath Sai Ram
Hr Manager

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hi All, I want to know if anyone has CTC of 21000/-PM, does he eligible for ESIC. AND if yes so how wll be calculate.
From India, Gurgaon
Please keep in mind esic apply on Gross Salary
First Condition ESIC Limit = upto 21000 gross salary
If the Gross Salary of an employee is INR 21,000,
The Employee's share of contribution would be: 0.75/100 * 21,000 = INR 157.5.
And, the Employer's share of contribution would be: 3.25/100 * 21,000 = 787.5.

From India, New Delhi
Dear Miss Sandhya, ESI is applicable for Employees whose Monthly Gross Salary is Rs21,000/-PM & Below. ESI Contribution is deducted from Gross Salary Earned.Please do not mix up Gross Salary with CTC
From India, New Delhi
Please Login To Add Reply

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™