what is the limit for ESI DEDUCTION MAXIMUM AMOUNT
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what is the limit for ESI DEDUCTION MAXIMUM AMOUNT

shardadevi Started The Discussion:

HI I WANT TO KNOW HOW HUCH MAXIMUM AMOUNT SHALL WE DEDUCT FROM ESI ACT ? THANKS DILIP

Amitmhrm - Member Since: Feb 2007
Hi Dilip,

The ceiling amount to be covered under ESI Act is 10000/- rupees gross per month.. And 1.75% of gross per month is been deducted from Employee side whereas 4.75% of the same is been deducted from the employer side..

So the maximum deduction of ESI Act from an employee can be
1.75% of 10000/- = Rupees 175/- only.. Whereas, from the employer side it would be 4.75% of 10000/- = Rupees 475/- only..

Hope now your query will be cleared..

Regards,

Amit Seth.

roocha - Member Since: Mar 2008
what is the ceiling limit for PF and what is the maximum amount of gratuity that can be paid to an employee? roocha

Amith R Murthy - Member Since: Sep 2007
Dear Friends, You can visit (www.esic.nic.in) at http://www.esic.nic.in and (www.epfoindia.com) at http://www.epfoindia.com for more details about ESI and PF. Regards Amith R.

jha_manas - Member Since: Mar 2010
[QUOTE=Amitmhrm;152352]Hi Dilip,

The ceiling amount to be covered under ESI Act is 15000/- rupees gross per month.. And 1.75% of gross per month is been deducted from Employee side whereas 4.75% of the same is been deducted from the employer side..

So the maximum deduction of ESI Act from an employee can be
1.75% of 15000/- = Rupees 263/- only.. Whereas, from the employer side it would be 4.75% of 15000/- = Rupees 713/- only..

Hope now your query will be cleared..

Regards,

MANAS JHA(9007640313)

MADAN MOHAN VERMA - Member Since: Jun 2010
hi dilip

you can deduct the esic amount till the 15000. /- gross salary as per mentioned wages below.

empe contribusion: 1.75%
empr contribusion: 4.75%

e.g. gross salary is 10000.00/-
emple cantirubusion:- 175.00/-
empr contribusion:- 475.00/-


Quote:
Originally Posted by shardadevi View Post
HI
I WANT TO KNOW HOW HUCH MAXIMUM AMOUNT SHALL WE DEDUCT FROM ESI ACT ?
THANKS
DILIP

tush_sharma - Member Since: Aug 2010
hi friends, plz let me know abt the ESI , in which area it will b effective...... where the ESI hospitals are located or othr reason.... bcz in our city ESI is not appicable... tush_sharma

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