ESI Calculation [Thread 557316]

If the person getting 11,000 salary per month ,how to calculate the ESI 1.75% & Company contribution of 4.75% ,How the ESI Calculation made.
If the person getting 10050 salary per month ,how to calculate the ESI 1.75% & Company contribution of 4.75% ,How the ESI Calculation made.

Dear it is calculated on basic salary ,if you treat that amount as full basic then the formula will be as under
Employee's State Insurance scheme is a self-financing social security and health insurance scheme for Indian workers. Any labour who earns below Rs 15000 as his or her monthly salary will be covered under the ESI. Both the employer and employee donate for ESI. Employer's contribution is around 4.75% and employee's contribution is 1.75%.
Example 1:
Find out the ESI for the basic salary of Rs 9000?
Step 1:
Enter the salary, For e.g. 9000
Step 2:
Employee contributes 1.75% for ESI. Now compute as shown here, ESI = 9000*(1.75/100) = 158
Step 3:
Employer contributes 4.75% for ESI. Compute as shown here, ESI = 9000*(4.75/100) = 428

ESI calculations are made taking not only basic but aii his earnings i. e. basic +da+vda+other allowances payable to him
at an interval not exceeding two months+over time amount earned in a month.with over time even if he exceeds the ceiling ESI is to be paid

Sir, As my knowledge is concern u can not bar a person for ESIC considering OT Wages as it is a variable.
Regards,
Vikas

Dear Friends
Kindly share the how much of Esi Benifits are give to Family