Dear All, Please find attached a Gazette notification dated 22.12.2016 on captioned subject for your information and implementation.
From India, Mumbai
2556From India, Mumbai
This Gazette notification not updated in esic website.
Check the current wage limit in below link
Coverage | Employee's State Insurance Corporation, Ministry of Labour & Employment, Government of India
From India, Chennai
Check the current wage limit in below link
Coverage | Employee's State Insurance Corporation, Ministry of Labour & Employment, Government of India
From India, Chennai
Thanks for the Gazette of the ESI, but sir already we are deducting the new 21 k wages from Nov 2016 month and paid the same in Dec 2016 what about that contribution will it be applicable or not before the Gazette publised date mentioned plzzz inform and thanks for your immediate response
from Srinivas kopilla
SLN Consultancy
Hyderabad
From India, Hyderabad
from Srinivas kopilla
SLN Consultancy
Hyderabad
From India, Hyderabad
Since the effect of increase in contribution is wef 1.1.2017, you can claim rebate/adjustment on the amount you paid extra for nov.2016 paid in dec.16. wishes
From India, Thane
From India, Thane
If some one drawing within Rs 21000/- doesnt want to be a part of this ESIC scheme and give a letter in writing regarding that, can we exclude the employee from paying ESIC ?
From India, Bengaluru
From India, Bengaluru
If paid excess contribution in the month of Nov 2016 paid in Dec 2016 can be adjusted in Dec 2016 contribution payable in Jan 2017.
Thanks you Sir, For sharing the information on ESIC.Wish you all a happy new year.
From India, Vadodara
From India, Vadodara
Hello Everyone,
Need a better clarification on ESIC deduction, as ESIC is deducted in gross salary of 21000/- what if the company pays amount in incentive monthly.
Eg- "X" salary details for Nov'16 is Basic- 6500, HRA- 3000, Special All-425, Conveyance-1600,Other allowance- 5474, Incentive-9750 (which is not fixed vary on sales target achieved ).
Kindly advice the ESIC deduction???
And also please clarify is the ESIC amount vary monthly depending on Incentive amount.
Thanks
Richa
From India, Gurgaon
Need a better clarification on ESIC deduction, as ESIC is deducted in gross salary of 21000/- what if the company pays amount in incentive monthly.
Eg- "X" salary details for Nov'16 is Basic- 6500, HRA- 3000, Special All-425, Conveyance-1600,Other allowance- 5474, Incentive-9750 (which is not fixed vary on sales target achieved ).
Kindly advice the ESIC deduction???
And also please clarify is the ESIC amount vary monthly depending on Incentive amount.
Thanks
Richa
From India, Gurgaon
Dear Richa,
Basic, HRA and conveyance would definitely attact in count for gross salary. dSpecial allowance, other allowance and incentive is under question for accountibility for counting gross wages.
As per esi law, any amount paid after a gap of two or more months, won't attact counting in wage ceiling of 15000/- or 21000/-(from dec/16).
But this question arises for the starting months of contribution periods i.e. april or october. Rest all month deduction will b made if gross wages exceeds the wage limit till end of contribution period.
From India, Bhubaneswar
Basic, HRA and conveyance would definitely attact in count for gross salary. dSpecial allowance, other allowance and incentive is under question for accountibility for counting gross wages.
As per esi law, any amount paid after a gap of two or more months, won't attact counting in wage ceiling of 15000/- or 21000/-(from dec/16).
But this question arises for the starting months of contribution periods i.e. april or october. Rest all month deduction will b made if gross wages exceeds the wage limit till end of contribution period.
From India, Bhubaneswar
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ESI Rule 52-Amended-Aver age Wage Limit Increased For Certain Cases Under Exemption From Payment .pdf