Philip Lopes Started The Discussion:
Sir, Thank you for this.
We have following components as part of our Fixed Gross Salary -
BASIC, HRA, SPECIAL ALLOWANCE, CONVEYANCE, PERSONAL ALLOWANCE and MEASURED ALLOWANCE.
Conveyance is fixed to Rs.800/- per month.
Can we consider all these components as Wages for ESIC eligibility?
10th August 2010 From India, Mumbai

Dear Friend,
ESI will deduct on monthly Gross salary. If any employee Gross salary exceeds Rs. 15000/- ESI will applicable as per ESI act from May,2010 earlier Rs. 10,000. If the above mentioned Brake-Up is paying Monthly, If all together is Rs .15000/- or more ESI is applicable.
10th August 2010 From India, Hyderabad
Dear all, I wanted to know what are the salary components applicable to esi contribution as well not applicable components. pls guide on this with provision. Regards Kasim - Bangalore 9686317494
14th July 2011 From India, Bangalore
Dear Kasim
Within the wage limits of Rs 15,000/- almost all the allowances are wages under ESIC. Typically, if any allowance is paid to an employee for more than continuous 2 months it becomes the regular salary component and ESIC is applicable on the same.
14th July 2011 From India, Mumbai
Please share if you have any insights for this topic page and be part of our fostered professional community at Cite.Co. Avoid "Thank You" posts to preserve the integrity and readability of this page. Instead, help someone else with your knowledgeable inputs. If you have any related query please start a discussion thread.



 
 
 
 





Anonymous (Don't Display Username)


Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.

About Us - Advertise - Contact Us - RSS   On Google+  
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network