How to calculate ESI and PF generally ?
I'm from bangalore , Please let me know what is the procedure for calculating ESI and PF ?
- 1 decade agoFavorite Answer
pf is generally 10% of your basic and 2.5% family pension. 0.25% is taken as ESI.
- 1 decade ago
There are ready reckoners available with PF office which will give a correct amount of CPF deduction and contribution. You can also buy online with Seetharaman & Company (Based at Chennai who can send you the same by mail. Please do not get carried away by any answers since the errors are going to be very costly.
- 4 years ago
Jayaramji! Are you the Accountant or working in Accounts Department? If you are an Accountant yourself, this question is superfluous. If you work in an Accounts Department, ask your supervisor. He will tell you. If seriously interested, buy a book on the subject from Jain Book Depot and go through that. That will give you a fund of information.