Hi, ESI ceiling limit is Rs. 15000/- Gross. However, the individual will continue to pay till september as per old gross salary. regds narayan
From India, Madras
From India, Madras
Dear all, Esi contribution made on rs 17000/- you will have to pay same contribution while period will not be finished. Esic period is april to september & Octobe to march Brijesh Saxena 9871196569
From India, Gurgaon
4From India, Gurgaon
Dear All,
Now, I have understood, ESI will be applicable on Rs.17000/- gross till sept.10.
today I discussed this matter with our Area Insurance Inspector ESIC he tell me all aspects.
Thanks all of you to share me your valuable knowledge.
Regards,
Lalit
From India, New Delhi
Now, I have understood, ESI will be applicable on Rs.17000/- gross till sept.10.
today I discussed this matter with our Area Insurance Inspector ESIC he tell me all aspects.
Thanks all of you to share me your valuable knowledge.
Regards,
Lalit
From India, New Delhi
As per ESI act,april to september and october to march the exceed of the cross salary above 15000/-.in between contribution period to pay the ESIC contribution amount.
From India, Madras
From India, Madras
Dear Lalit Esi Contribution will deduct on Rs.17000/ amount till september means end of return period. regards pulkit
From India, New Delhi
From India, New Delhi
Dear Shom,
ESIC Half Yearly return period
From April to September
From October to March
You can observe from this example:
Mr. X joined recently say in April with 14000 INR and after two months means in July salary has been increased 5000 INR,then total salary 19000 INR.In this case ESIC (1.75%) will be done on 19000 INR up to September but remember washing allowance will be excluded from the gross.After September he/she will be exempt from the ESIC.
4.75% will be remitted by the employer
1.75% will be deducted from the employee gross salary
Many time in case of CTC total 6.5% deduct from the employee CTC.
Cheers...............................
From India, Jhajjar
ESIC Half Yearly return period
From April to September
From October to March
You can observe from this example:
Mr. X joined recently say in April with 14000 INR and after two months means in July salary has been increased 5000 INR,then total salary 19000 INR.In this case ESIC (1.75%) will be done on 19000 INR up to September but remember washing allowance will be excluded from the gross.After September he/she will be exempt from the ESIC.
4.75% will be remitted by the employer
1.75% will be deducted from the employee gross salary
Many time in case of CTC total 6.5% deduct from the employee CTC.
Cheers...............................
From India, Jhajjar
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ESI contribution rates lowering.pdf