HI, Please suggest to me how to close the epic contributions for a salary above 21000
From India, Hyderabad
From India, Hyderabad
Hi,
An employee whose gross emoluments exceeds Rs.21,000 are not eligible to be covered under the ESI Act.
When an employee salary enhancement/ appraisals results in exceeding the Rs.21,000 criteria will continue to pay till the next ESI contribution period. The two ESI contribution periods are 1st April to 30th Sep and 1st Oct to 31st March.
For example if an employee earning Rs.20,000 get an salary increase to Rs.22,000 in the month of May. He will continue contributing ESI on the revised salary upto Sep of that same year.
From India, Madras
947An employee whose gross emoluments exceeds Rs.21,000 are not eligible to be covered under the ESI Act.
When an employee salary enhancement/ appraisals results in exceeding the Rs.21,000 criteria will continue to pay till the next ESI contribution period. The two ESI contribution periods are 1st April to 30th Sep and 1st Oct to 31st March.
For example if an employee earning Rs.20,000 get an salary increase to Rs.22,000 in the month of May. He will continue contributing ESI on the revised salary upto Sep of that same year.
From India, Madras
You mean ESI for epic ?
When the salary of an employee as per ESI exceeds the wage limit of Rs. 21,000 after April or October for the respective contribution periods, then the employee continues to be an employee till the end of that contribution period. Hence, the contribution is to be deducted and paid on the total wages earned. The two ESI contribution periods are 1st April to 30th Sep and 1st Oct to 31st March.
Now how to stop the contribution 'online' ?
Using the portal, Click on the Employee's State Insurance (ESI) (1) and then check or uncheck the check box (2) under Please Provide ESI Details to Disable/Enable ESI contribution respectively. Once done, click Update. If choose to uncheck the box, you need to provide the ESI number for the employee and the employer.
If need be you can take assistance from this link:
https://support.keka.com/support/solutions/articles/84000379767-how-to-enable-disable-esi-for-an-employee
From India, Bangalore
When the salary of an employee as per ESI exceeds the wage limit of Rs. 21,000 after April or October for the respective contribution periods, then the employee continues to be an employee till the end of that contribution period. Hence, the contribution is to be deducted and paid on the total wages earned. The two ESI contribution periods are 1st April to 30th Sep and 1st Oct to 31st March.
Now how to stop the contribution 'online' ?
Using the portal, Click on the Employee's State Insurance (ESI) (1) and then check or uncheck the check box (2) under Please Provide ESI Details to Disable/Enable ESI contribution respectively. Once done, click Update. If choose to uncheck the box, you need to provide the ESI number for the employee and the employer.
If need be you can take assistance from this link:
https://support.keka.com/support/solutions/articles/84000379767-how-to-enable-disable-esi-for-an-employee
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.