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