Management Entrance Exams Interview Question:

What is the full form of ESIC? what proportion of
PF, ESIC, EDLi, TDS, BONUS, GRATUITY etc are been deducted from salary?

Submitted by: Administrator

The abbreviation ESIC stands for "Employee's State Insurance
Scheme".
check this link for more
information:http://esic.nic.in/citizen_charter.htm
The deduction in salary against various heads are as given
below:

PF: 12% of Basic+DA (Employee Share)
12% of Basic+DA (Employer Share)

ESIC : 1.75% of Gross Salary (Employee Share)
4.75% of Gross Salary (Employer Share)

EDLI : 0.5%
Submitted by: Administrator