Dear Mr. Prasad,
The views given by Mr Korgaonkar is correct as per provisions. However for having correct legal wordings/ terms ,you may go to the website of ESIC wherein the ESI Act in detail can be read for all purposes.
Chandok AK
RPFC (Retd.)
<link no longer exists - removed>
From India, Chandigarh
The views given by Mr Korgaonkar is correct as per provisions. However for having correct legal wordings/ terms ,you may go to the website of ESIC wherein the ESI Act in detail can be read for all purposes.
Chandok AK
RPFC (Retd.)
<link no longer exists - removed>
From India, Chandigarh
Dear HR,
I am new learner , I have one confusion Plz suggest me.
If we hire any candidate (XYZ) at CTC Rs. 10Lac/Annually in which Rs.6.88Lac is Fixed Salary/annually, Rs.96000/-annually for Car Lease and Rs.2.16 Lac Annually as Reimbursement (for Fuel expenses & Car maintenance and Driver Salary).
If company taking a car on lease from third party @Rs.8000/-per month rent(Annual-96000/-)and giving to that Employee (XYZ).
Rs. 7500- For Driver salary and Rs.10500/- for Fuel Expenses & Car Maintenance Expenses .
Now If give the Reimbursement of Rs.7500/- as Driver Salary to that Employee (XYZ) thn who will be responsible to Deposit ESI contribution of Driver ?
Our Company ? That Employee (XYZ)? or No need to pay ESI Contribution by Anybody?
In case of any clarity you require on this plz let us know.
Thanks & Regards
Diwakar Jha
9582400117
From India, Delhi
I am new learner , I have one confusion Plz suggest me.
If we hire any candidate (XYZ) at CTC Rs. 10Lac/Annually in which Rs.6.88Lac is Fixed Salary/annually, Rs.96000/-annually for Car Lease and Rs.2.16 Lac Annually as Reimbursement (for Fuel expenses & Car maintenance and Driver Salary).
If company taking a car on lease from third party @Rs.8000/-per month rent(Annual-96000/-)and giving to that Employee (XYZ).
Rs. 7500- For Driver salary and Rs.10500/- for Fuel Expenses & Car Maintenance Expenses .
Now If give the Reimbursement of Rs.7500/- as Driver Salary to that Employee (XYZ) thn who will be responsible to Deposit ESI contribution of Driver ?
Our Company ? That Employee (XYZ)? or No need to pay ESI Contribution by Anybody?
In case of any clarity you require on this plz let us know.
Thanks & Regards
Diwakar Jha
9582400117
From India, Delhi
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