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RHFMINDIA
If we pay a bonus every month then do we have to pay ESIC contribution on that?
From India, Nashik
RHFMINDIA
ESIC APPLICABLE FOR BONUS CONTRIBUTION
From India, Nashik
vmlakshminarayanan
941

Hi,

Bonus paid to the employees could not be treated as wage for the purpose of charging of contribution under Sec.2(22), " provided the periodicity of the payment is more than 2 months." Which means if it is paid on quarterly / half yearly basis then no need for ESI contribution.

No ESI contribution is payable on annual Bonus

From India, Madras
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