Hi! ESI is calculated for those employees whose gross is less then 10100/-. Employers share is 4.75% and employee share is 1.75% Chitra
From India, Mumbai
From India, Mumbai
As far as i know, it is 10001. i.e.ESI is calculated for those employyes who are drawing less than Rs.10001
From India, Pune
From India, Pune
Hi,
ESIC is deducted for the people whose Gross salary is 10000.00 or less. But in case of perosn whose Gross salary is say Rs.10500.00 and due to leave without pay the salary goes below Rs.10000.00 then in such cases ESIC should not be deducted even the earned gross goes below the limit. So ESIC deduction eligibility will depend upon MONTHLY GROSS AND DEDUCTION WILL TAKE PLACE ON EARNED GROSS.
Regards,
Harshad
From India, Mumbai
ESIC is deducted for the people whose Gross salary is 10000.00 or less. But in case of perosn whose Gross salary is say Rs.10500.00 and due to leave without pay the salary goes below Rs.10000.00 then in such cases ESIC should not be deducted even the earned gross goes below the limit. So ESIC deduction eligibility will depend upon MONTHLY GROSS AND DEDUCTION WILL TAKE PLACE ON EARNED GROSS.
Regards,
Harshad
From India, Mumbai
Dear Salil,
You can go with what Harshad as mentioned and in case if you increase the gross of any employee in mid of half year period i.e April to Sep or/and October to March in such cases you need to deduct ESI contribution till the end of that period.
For more details on ESI you can visit www.esic.nic.in .Hope this information is useful for you..........
Regards
Amith R.
From India, Bangalore
You can go with what Harshad as mentioned and in case if you increase the gross of any employee in mid of half year period i.e April to Sep or/and October to March in such cases you need to deduct ESI contribution till the end of that period.
For more details on ESI you can visit www.esic.nic.in .Hope this information is useful for you..........
Regards
Amith R.
From India, Bangalore
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