Hello all,
Greetings for the day!
I am working as an HR in a company and wanted to know if ESIC is calculated as 1.75% of the gross for employee contribution and 3.75% of the gross for employer contribution. Is this correct?
From India, Delhi
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3Greetings for the day!
I am working as an HR in a company and wanted to know if ESIC is calculated as 1.75% of the gross for employee contribution and 3.75% of the gross for employer contribution. Is this correct?
From India, Delhi
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ESI Contribution Employee = 1.75% of Gross Employer = 4.75% of Gross
From India, Chennai
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From India, Chennai
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Hi,
Mr. Saravanan is right, and Swati, please go through the web link:
Finance | Employee's State Insurance Corporation, Ministry of Labour & Employment, Government of India
With regards,
Kusuma N
From India, Bangalore
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Mr. Saravanan is right, and Swati, please go through the web link:
Finance | Employee's State Insurance Corporation, Ministry of Labour & Employment, Government of India
With regards,
Kusuma N
From India, Bangalore
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SALARY SHEET CALCULATION.xls
Salary calculation.doc