Employer was made deduction @ 1.75% CONTRIBUTION in employee gross (below 15000/- PM salaried employees) salary and also employer add 4.75% (from employer account) CONTRIBUTION on gross salary of employee. Then above two contributions were paid to esic.
FOR EXAMPLE:
IF EMPLOYEE SALARY IS (GROSS) = 12,200/-
Employee contribution is (1.75%) = 12,200 x 1.75% = 214.00 (213.50)
Employer Contribution is (4.75%) = 12,200 x 4.75% = 580.00 (579.50)
total contribution is (employee + employer) = 794.00
ANANDA RAJU
HR DEPT
RAMOJI GROUP
From India, Eluru
FOR EXAMPLE:
IF EMPLOYEE SALARY IS (GROSS) = 12,200/-
Employee contribution is (1.75%) = 12,200 x 1.75% = 214.00 (213.50)
Employer Contribution is (4.75%) = 12,200 x 4.75% = 580.00 (579.50)
total contribution is (employee + employer) = 794.00
ANANDA RAJU
HR DEPT
RAMOJI GROUP
From India, Eluru
Hello,
What i understood from the question raised by Mital that his MD wants all the contribution to be made from employees salary , which can be taken as CTC . As in CTC this will include contribution of both employee and employer.
Ashe
From India, Dehra Dun
What i understood from the question raised by Mital that his MD wants all the contribution to be made from employees salary , which can be taken as CTC . As in CTC this will include contribution of both employee and employer.
Ashe
From India, Dehra Dun
Dear M as we aware and all above hr people know that 4.75 is employer contribution. we can not charges this percentage from our employee.
From India, Jamshedpur
From India, Jamshedpur
Hi MItal,
If any employee file case agenst company then it will very problametic situation for your company. Your MD is trying to save money but at the time of case or settlement he shoulr pay more than the same.
From India, Pune
If any employee file case agenst company then it will very problametic situation for your company. Your MD is trying to save money but at the time of case or settlement he shoulr pay more than the same.
From India, Pune
hai
As per ESI Act, 1.75 % will be deduct from Employees salary and 4.75 % will be paid by Employer.
so total above two contributions were paid to esic through online challan at SBI any branch in all over india.
regards,
ANANDA RAJU
RAMOJI GROUP
From India, Eluru
As per ESI Act, 1.75 % will be deduct from Employees salary and 4.75 % will be paid by Employer.
so total above two contributions were paid to esic through online challan at SBI any branch in all over india.
regards,
ANANDA RAJU
RAMOJI GROUP
From India, Eluru
if you haven’t issued joining letters or issued revise thm from the ciming revision period show it as CTC... hope we can try it
From India, Warangal
From India, Warangal
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