Dear Vishnu Kumar,
Your ESIC Gross is 10,000 + 3000 = 13,000/- per month. Accordingly the employee's contribution and employer's contribution will be deducted.
Thanks and regard
S K Bandyopadhyay
CEO-USD HR Solutions
+91 98310 81531
USD HR Solutions – To Strive towards excellence with effort and integrity
From India, New Delhi
337Your ESIC Gross is 10,000 + 3000 = 13,000/- per month. Accordingly the employee's contribution and employer's contribution will be deducted.
Thanks and regard
S K Bandyopadhyay
CEO-USD HR Solutions
+91 98310 81531
USD HR Solutions – To Strive towards excellence with effort and integrity
From India, New Delhi
Dear Vishnu,
If the Basic Salary is below 21000 the ESIC Contributions will be applicable, which are as following :
Employee's Contribution : 10,000*.75% = 75
Employer's Contribution : 10,000*3.25% = 325
Total ESIC Contribution = 325+75 = 400
Warm Regards, Neha Kapoor
From India, Kanpur
If the Basic Salary is below 21000 the ESIC Contributions will be applicable, which are as following :
Employee's Contribution : 10,000*.75% = 75
Employer's Contribution : 10,000*3.25% = 325
Total ESIC Contribution = 325+75 = 400
Warm Regards, Neha Kapoor
From India, Kanpur
Dear Vishnu,
Please include incentive if it is a monthly feature. Any allowance which is paid on a monthly basis will be added to the basic for calculating ESIC Gross.
For example :
What all can be accounted for ESIC Gross Salary :
Basic + HRA + Allowances + Monthly Bonus + Monthly Reimbursements
Any amount which is paid on yearly basis will not be included in ESIC Gross Salary.
Warm Regards, Neha Kapoor
From India, Kanpur
Please include incentive if it is a monthly feature. Any allowance which is paid on a monthly basis will be added to the basic for calculating ESIC Gross.
For example :
What all can be accounted for ESIC Gross Salary :
Basic + HRA + Allowances + Monthly Bonus + Monthly Reimbursements
Any amount which is paid on yearly basis will not be included in ESIC Gross Salary.
Warm Regards, Neha Kapoor
From India, Kanpur
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