I am working in a residential hotel in Jamshedpur.I want to know about the calculation of esi contribution of the employee. Is it calculated on BASIC+DA+O.T.?
Suppose that my basic + da =6000.00 and o.t.amount is 2516.00 for the month of March 2012.The esi contribution calculation should be calculated on which amount 6000.00 or sum of BASIC + DA +O.T. i.e. 8516.00.