Question

In the salary slip how do we calculate the esic amount?​

Answer 1

Answer:

If the Gross Salary of an employee is INR 15,000,

The Employee's share of contribution would be: 0.75/100 * 15,000 = INR 112.5.

And, the Employer's share of contribution would be: 3.25/100 * 15,000 = 487.5.