From the following data, Calculate the value of compensation of employees (COE):

Particulars ₹ in Crores
(i) Old age pension 2,000
(ii) Wages and Salaries in cash 60,000
(iii) Rent free accomodation to employees 30,000
(iv) Employer’s Contribution to provident fund 7,500
(v) Payment of life insurance premium by the employees 2,500
(vi) Contribution to provident fund by employees 35,000

Ans – Compensation of Employees = ₹ 97,500 Crores

Anurag Pathak Changed status to publish December 21, 2023
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