As per ESIC rounded off rule the fractional part would be converted to nearest rupee. But I found one problem with online ESIC software calculation i.e.
ESIC wages amount= Rs. 1086/- and 1.75% of this amount would be Rs.19.005/-
a) In ESIC Online it is calculated Rs.19/- as per rule it should be Rs.20/?
Kindly comment.
Regards,
Sarwan, Programmer.
ESIC wages amount= Rs. 1086/- and 1.75% of this amount would be Rs.19.005/-
a) In ESIC Online it is calculated Rs.19/- as per rule it should be Rs.20/?
Kindly comment.
Regards,
Sarwan, Programmer.