HI all,
Good Afternoon,
PLEASE SOLVE MY QUERY!!!!!
1.Do we have to deduct conveyance allowance from gross salary while calculating ESI?
This is the GROSS SALARY of X employee
BASIC 4500/-
HRA 3000/-
CONVEYANCE ALL 1500/-
VECH MAINT ALL 600/-
MED ALL 450/-
TOTAL G/S 10,050/-
what will be the ESI for the above X employee?
2.Is ESI included in CTC?
Regards
Vikram
From India, Pune
14Good Afternoon,
PLEASE SOLVE MY QUERY!!!!!
1.Do we have to deduct conveyance allowance from gross salary while calculating ESI?
This is the GROSS SALARY of X employee
BASIC 4500/-
HRA 3000/-
CONVEYANCE ALL 1500/-
VECH MAINT ALL 600/-
MED ALL 450/-
TOTAL G/S 10,050/-
what will be the ESI for the above X employee?
2.Is ESI included in CTC?
Regards
Vikram
From India, Pune
Dear Vikram,
Employer's contribution of 4.75% can be included in CTC.
You can omit the washing allowance (If Uniforms are Provided) and Conveyance Allowance from the wages deemed for contribution.
Please Go through the attached files.
S.Sethupathy,
Excellent HR Services,
Erode.
From India, Selam
Employer's contribution of 4.75% can be included in CTC.
You can omit the washing allowance (If Uniforms are Provided) and Conveyance Allowance from the wages deemed for contribution.
Please Go through the attached files.
S.Sethupathy,
Excellent HR Services,
Erode.
From India, Selam
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Local Conveyance Policy.doc
1 Guidlines On PF to be charged on all other allowances 05032019.pdf