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?
From India, Mumbai
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?
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.
From India, Hyderabad
85ESI 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.
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
From India, Bangalore
From India, Bangalore
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SALARY CAN BE SPLIT INTO COMPONENTS BUT NOT LESS THAN THE MINIMUM WAGES.docx