Forum: ALL DISCUSSIONS (LIST)
13th January 2017, 11:40 AM
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Replies: 5
Views: 7,062
Re: Shouldn't Be ESIC Deducted From Income Tax?
A very simple logic: 21000 x 12 = 252000.
A simple consideration of HRA: 20% of gross or 25% of basic = 21000 x 20% = 4200 x 12 = 50400.
Say the member pays EPF on 15000, so 15000 x 12% = 1800...
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