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Need formula for back Calculation of ESI

Yajnaseni

New Member
My query is with reference to the circular reference which i am getting due to the back calculations for the ESI- The current components i have are as follows:

Total Salary - eg-10,000
Basic- 40% of ESI (8000)
HRA - (Total Salary-PF-ESI)
PF - 12% of Basic (960)
ESI - if Gross is less than 15000
Gross - (basic + HRA)

Kindly help me with the same. I am getting circular reference when applying it
 
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