Good noon sir,
EXP : ESI FIXED - 21000.00 BASIC - 14500(BASI) + 6000(HRA) TOTAL ESI FIXED -20500.00 (CORRECT ) OT PER HOUR CALUCULATE = 20500/26/8=98.56 & NO OF OT HOUR WORKED=40 HOUR - TOTAL OT AMT =3942.00
TOTAL OT HOUR CALULATER- 3942/98.56/2=20.00 (OT PER HOUR) 19 HOURS THIS OT CALCULATION IS CORRECT SIR
From India, Bengaluru
EXP : ESI FIXED - 21000.00 BASIC - 14500(BASI) + 6000(HRA) TOTAL ESI FIXED -20500.00 (CORRECT ) OT PER HOUR CALUCULATE = 20500/26/8=98.56 & NO OF OT HOUR WORKED=40 HOUR - TOTAL OT AMT =3942.00
TOTAL OT HOUR CALULATER- 3942/98.56/2=20.00 (OT PER HOUR) 19 HOURS THIS OT CALCULATION IS CORRECT SIR
From India, Bengaluru
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ESI contribution rates lowering.pdf