15-10-2008, 03:40 PM
|  | | | Join Date: Aug 2007 Location: bangalore
Posts: 33
| |  Esi
Is ESI deducted from gross salary or from basic salary? |
15-10-2008, 05:16 PM
| | | | Join Date: Mar 2007 Location: Jaipur
Posts: 104
| | Esi
Hi,
ESI is deducted over the Gross Salary and 1.75% of GS deducted as Employee Contribution and 4.75% additionally deposited by the Employer.
Anurag |
15-10-2008, 06:10 PM
| | | | Join Date: Sep 2007 Location: Mysore
Posts: 773
| |
Dear Priyanka,
Mr.Anurag is right.............. You can visit to www.esic.nic.in for more information about ESI.
Regards
Amith R. |
15-10-2008, 09:01 PM
|  | | | Join Date: Feb 2007 Location: Ahmedabad
Posts: 6,466
| |
Yes, Anurag is right.
Esi is deducted on Gross per month salary (Employee 1.75% and Employer 4.75% of Gross salary). The maximum ceiling to be covered under ESIC is gross 10,000/- per month.
Regards,
Amit Seth. |
15-10-2008, 09:24 PM
| | | | Join Date: Nov 2007 Location: noida
Posts: 400
| |
dear
ESI is deducted on gross salary.
tks
js malik |
16-10-2008, 12:37 PM
|  | Board Moderator | | Join Date: Sep 2007 Location: Kannur
Posts: 1,066
| |
For the purpose of ESI, the wages or salary means the Basic Wages + Dearness Allowance or Special pay or any other allowance by whatever name called including House Rent Allowance which are paid in intervals not exceeding two months. But any travelling allowance paid shall not form part of salary for the purpose of calculation of ESI contribution. Similarly, any Overtime Wages paid will qualify for contribution whereas overtime wages will not form part of salary for the purpose of deciding the eligibility of an employee for coverage of ESI Act.
Regards,
Madhu.T.K |
16-10-2008, 04:37 PM
| | | | Join Date: Jun 2007 Location: COIMBATORE
Posts: 24
| |
Esi Is Deduct On Gross Salary
Manokavin |
16-10-2008, 04:53 PM
|  | | | Join Date: Jun 2008 Location: Chandigarh
Posts: 90
| |
Hi
ESI is deducted from the gross salary per month as (1.75% share from employee and 4.75% from employer). the employees whose is Gross salary less than or equal to Rs. 10,000/- (per month) will be covered under ESI.
Eg:-
Basic - 5000/-
HRA - 1500/-
Conveyance - 1000/-
TOTAL = 7500/-
Therefore, ESI deduction from employee share will be 7500*1.75% and employer share will be 7500*4.75%
i hope this will help you out.
Regards
Nitu |
16-10-2008, 05:03 PM
| | | | Join Date: Sep 2008 Location: Alwar(Rajasthan)
Posts: 33
| |
Hi Madhu
The salary structure of our organization includes Basic, HRA, Special Allowance and Conveyance Allowance and we are deducting ESI contribution from the gross salary. Since, we are paying conveyance allowance to every employee as a part of salary, can we exempt this allowance from the qualifing amount for contribution of ESI ?
Regards,
Sivadasan Quote:
Originally Posted by Madhu.T.K  For the purpose of ESI, the wages or salary means the Basic Wages + Dearness Allowance or Special pay or any other allowance by whatever name called including House Rent Allowance which are paid in intervals not exceeding two months. But any travelling allowance paid shall not form part of salary for the purpose of calculation of ESI contribution. Similarly, any Overtime Wages paid will qualify for contribution whereas overtime wages will not form part of salary for the purpose of deciding the eligibility of an employee for coverage of ESI Act.
Regards,
Madhu.T.K | |
16-10-2008, 11:05 PM
| | | | Join Date: Jul 2007 Location: tiruchirappalli, tamilnadu
Posts: 12
| |
Dear All,
Anurag is right.
regards,
Jana |
 | |
| |
Linear Mode
