Dear All,
I have a question on ESIC applicability.
If an employee is registered for ESI & his Gross Salary is Rs 14000 till March.
In April, his salary is increased to Rs 17000(Gross). Is he eligible to continue his ESIC contribution?
(employee want to continue ESI)
From India, Bangalore
I have a question on ESIC applicability.
If an employee is registered for ESI & his Gross Salary is Rs 14000 till March.
In April, his salary is increased to Rs 17000(Gross). Is he eligible to continue his ESIC contribution?
(employee want to continue ESI)
From India, Bangalore
Hi Anan, as you have mentioned that employee salary was increased to 17.000(Gross) from April onwards that employee does not come under the coverage of ESIC act which is 15.000 a month
From India, Mumbai
From India, Mumbai
Dear Coolhero, but our employee needs to continue the ESIC facility itseems. What to do in this regards.
From India, Bangalore
From India, Bangalore
we cannot go as per their likes and dislikes of the employees and neither not the choice of the employee is validly justified as per the ESIC slab.
if he still insists then keep his gross salary of 14,000 on paper and rest amount you can pay him as cash on voucher basis as miscellaneous expenses
in this way he can enjoy the ESIC benefit as well as the hike of salary given to him
From India, Mumbai
if he still insists then keep his gross salary of 14,000 on paper and rest amount you can pay him as cash on voucher basis as miscellaneous expenses
in this way he can enjoy the ESIC benefit as well as the hike of salary given to him
From India, Mumbai
dear Anan.
In April / Oct less than 15000 end of the contribution period to be contributed. April/ Oct on wards can not be eligible for ESI. Even though your
employee is willing.
V.SUBBARAO
From India, Madras
In April / Oct less than 15000 end of the contribution period to be contributed. April/ Oct on wards can not be eligible for ESI. Even though your
employee is willing.
V.SUBBARAO
From India, Madras
Hi Anan,
The contribution period for ESIC is 1st Oct to 31st Mar in this period his salary was Rs. 14000/-. As per ESIC rule above Rs. 15000/- salary the employee is not eligible for ESIC contribution, so this employee is not eligible for contribution since Apr onwards.
Thanks
Rupali
From India, Mumbai
The contribution period for ESIC is 1st Oct to 31st Mar in this period his salary was Rs. 14000/-. As per ESIC rule above Rs. 15000/- salary the employee is not eligible for ESIC contribution, so this employee is not eligible for contribution since Apr onwards.
Thanks
Rupali
From India, Mumbai
Hi,
Thanks for your Kind Reply.
There is an another doubt.
The employee is fixed with CTC of Rs 15450. This amount includes the Employer contribution of PF of Rs 780.
Now tell me whether the employee is eligible for ESI or not.
Regards,
Anan
From India, Bangalore
Thanks for your Kind Reply.
There is an another doubt.
The employee is fixed with CTC of Rs 15450. This amount includes the Employer contribution of PF of Rs 780.
Now tell me whether the employee is eligible for ESI or not.
Regards,
Anan
From India, Bangalore
Dear Anan,
ESI is calculated on the components of the salary sheet & in this case Employer share of PF will not come in salary sheet so the his salary will be 15450-780=14670.This employee will be under the preview of ESI
From India, Calcutta
ESI is calculated on the components of the salary sheet & in this case Employer share of PF will not come in salary sheet so the his salary will be 15450-780=14670.This employee will be under the preview of ESI
From India, Calcutta
we will not see the eployee likes and dislikes int he context of Statutory Applicability.but substitute of ESIC you need to provide some Medical benefit to him & his family members. for that we need to tie up with one insurance company.
From India, Kolkata
From India, Kolkata
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