Hi, Can anyone tell me..if we pay ex-gratia qrty, half yearly or annualy .. should we deduct esic over it..
From India, New Delhi
From India, New Delhi
Dear ,
ESI contribution is not payable on any additional payment / remuneration paid at an interval exceeding two months.
Ex-gratia is an additional payment. There is no legal requirement or obligation on you to pay it. And you are paying it at an interval of more than two months i.e. quarterly basis, half yearly basis or annually. Therefore, no ESI contribution is payable by you.
From India, Mumbai
ESI contribution is not payable on any additional payment / remuneration paid at an interval exceeding two months.
Ex-gratia is an additional payment. There is no legal requirement or obligation on you to pay it. And you are paying it at an interval of more than two months i.e. quarterly basis, half yearly basis or annually. Therefore, no ESI contribution is payable by you.
From India, Mumbai
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