The Employees’ State Insurance Act, (ESI) provides for certain benefits to employees in case of sickness, maternity and employment injury. It applies to the organization with more than 10 employees who have less than 10000rs salary. The employer is required to contribute at the rate of 4.75% of the salary paid. The employees are also required to contribute at the rate of 1.75% of their salary.It is the employer’s responsibility to deposit his own as well as employee’s contributions in respect of all employees including the contract labour, into the E.S.I. Account.
From India, Kollam
From India, Kollam
Hello Friends ,
Pls help me out in ESic Calculation :
If the gross sal. for staff is Rs. 10200p.m.means not eligiable for esic facility.
But our sal. structure inculdes Washing allow ( Expenses) of Rs.300. i.e sal. becomes 10200 -300=9900 p.m
Do we need to provide ESIc facility to that staff or not?
Regards
Madhura
From India
12Pls help me out in ESic Calculation :
If the gross sal. for staff is Rs. 10200p.m.means not eligiable for esic facility.
But our sal. structure inculdes Washing allow ( Expenses) of Rs.300. i.e sal. becomes 10200 -300=9900 p.m
Do we need to provide ESIc facility to that staff or not?
Regards
Madhura
From India
superb!! Also have to appreciate Mr.NSN murthy who supported a very good report of full details of ESI thnx jagannadh
From India, Visakhapatnam
From India, Visakhapatnam
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.
ESI contribution rates lowering.pdf