ESI refers to Employees' State Insurance. This is a self-financing social security and health insurance scheme for the working class and is run by ESI Corporation.
Employees' total earnings or remuneration received are considered for calculating the contribution towards the Employee State Insurance scheme. This calculation is based on the concept of ESI (Employee State Insurance) gross salary.
The ESI gross salary includes various components of an employee's income, such as basic salary, dearness allowance, house rent allowance (HRA), conveyance allowance, and any other regular payments made by the employer.
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