Dear Ranjeet,
According ESIC sec 2(22) refers to defination of wages which means any cash paid towards salary shall be deducted for ESIC. It may be LTA / Medical or other wich included his gross salary.
Remember as thumb impression that employee drawing gross salary of Rs.15000/- shall be covered under ESIC and above shall be excluded.
Regards,
Rammi24
From India, Telangana
According ESIC sec 2(22) refers to defination of wages which means any cash paid towards salary shall be deducted for ESIC. It may be LTA / Medical or other wich included his gross salary.
Remember as thumb impression that employee drawing gross salary of Rs.15000/- shall be covered under ESIC and above shall be excluded.
Regards,
Rammi24
From India, Telangana
Sir
If any payment paid on monthly basis on any head it will attract ESI coverage, if the gross is less than 15000/-. But the same was paid or reimbursed once in three months then it will not covered under ESI.
Regards
dhanuskodi
From India, Coimbatore
If any payment paid on monthly basis on any head it will attract ESI coverage, if the gross is less than 15000/-. But the same was paid or reimbursed once in three months then it will not covered under ESI.
Regards
dhanuskodi
From India, Coimbatore
Dear Ranjeet,
No need to say thanks, this is a professional website this community mainly made to help all HR & Non HR professionals, A platform where any one can Learn New things share their views. To Learn & Grow. if you have any query always welcome to discussion so that we can also learn.
Regards
Ratikanta Rath.
From India, Durgapur
No need to say thanks, this is a professional website this community mainly made to help all HR & Non HR professionals, A platform where any one can Learn New things share their views. To Learn & Grow. if you have any query always welcome to discussion so that we can also learn.
Regards
Ratikanta Rath.
From India, Durgapur
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