Hi, I am working in a Pvt Ltd. IT company. Up to July month, I was getting 15000/- CTC. Then, I was under ESI. After a 1000/- increment, I was informed that I would be in Mediclaim. But again, they are putting me in the ESI scheme. So, please let me know the criteria for ESI and Mediclaim.
Thanks & Regards,
Ajit Kushwaha
From India, Guwahati
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Thanks & Regards,
Ajit Kushwaha
From India, Guwahati
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If your salary (CTC) have crossed Rs 15000/ from july you have to contribute to ESI till Sept 2013. Varghese Mathew
From India, Thiruvananthapuram
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972From India, Thiruvananthapuram
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ESIC has nothing to do with your CTC. It is linked to your monthly gross salary. If it crossed the upper limit of Rs. 15,000/- per month in June or July, then deductions will be made until the contribution period up to September 13. From October 13 onward, you will be out of ESIC eligibility, and there shall be no deductions under the ESIC head.
From Singapore
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From Singapore
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Dear Ajit,
Generally, the HR department gives an increment letter to the employee in which it explicitly states that you will continue to be under ESI till September or March, as the case may be (contribution periods being April to September and October to March), and thereafter you will be out of the purview of ESI coverage and will be covered under the Mediclaim scheme. If this clause is mentioned in the increment letter, it would not create confusion.
M.V. Kannan
From India, Madras
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Generally, the HR department gives an increment letter to the employee in which it explicitly states that you will continue to be under ESI till September or March, as the case may be (contribution periods being April to September and October to March), and thereafter you will be out of the purview of ESI coverage and will be covered under the Mediclaim scheme. If this clause is mentioned in the increment letter, it would not create confusion.
M.V. Kannan
From India, Madras
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Hi,
I am working in a Pvt Ltd. IT company. Up to July month, I was getting 15000/- CTC. Then I was under ESI. After a 1000/- increment, I was informed that I would be in Mediclaim, but again, they are putting me in the ESI scheme. So, please let me know the criteria for ESI & medicalim...
Thanks & Regards...
Ajit Kushwaha
ESI is calculated on Gross Salary and not on CTC. Kindly clarify whether you are getting 15000/- as CTC or Gross Salary. You said that it was informed that you would be in Mediclaim, then it must be Gross Salary. Since you were getting a Salary of Rs. 15000/- till July, your ESI return cycle completes in September. So, as Mr. Varghese advised, you will be in the ESIC Scheme till 30th Sept, and from 1st Oct onwards, you will be excluded from the ESIC Scheme.
Hope this clears your query.
From India, Ahmadabad
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I am working in a Pvt Ltd. IT company. Up to July month, I was getting 15000/- CTC. Then I was under ESI. After a 1000/- increment, I was informed that I would be in Mediclaim, but again, they are putting me in the ESI scheme. So, please let me know the criteria for ESI & medicalim...
Thanks & Regards...
Ajit Kushwaha
ESI is calculated on Gross Salary and not on CTC. Kindly clarify whether you are getting 15000/- as CTC or Gross Salary. You said that it was informed that you would be in Mediclaim, then it must be Gross Salary. Since you were getting a Salary of Rs. 15000/- till July, your ESI return cycle completes in September. So, as Mr. Varghese advised, you will be in the ESIC Scheme till 30th Sept, and from 1st Oct onwards, you will be excluded from the ESIC Scheme.
Hope this clears your query.
From India, Ahmadabad
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