No Tags Found!

Amitmdi
2

IF AN EMPLOYEE\'S SALARY Rs. 12,000/= IN THE MONTH OF jUNE, HIS SALARY WAS INCREASED Rs.4000/= AND BECOME Rs. 16,000/= IN THE MONTH OF JULY.
WHICH MONTH WILL BE APPLICABLE FOR THE EXEMPTION OF ESI, IS IT NEXT MONTH OR END OF THAT CONTRIBUTION PERIOD.

From India, Kanpur
bhardwaj_ch1
73

See, as esic wages is upto 15000/- then during that months and when wages exceed 15000/-p.m., then excluded.
From India, Ahmadabad
Amitmdi
2

Mr. Bhardwaj, Thanks for post, but there is great confusion bcoz as i know none employee can be exempted in mid contribution period except termination or retierment. Kindly brief me in detail.
From India, Kanpur
gowreehr
Dear Amitmidi
as you said right, the employee, who is covered under ESI in the month of April, after salary revision also (if he gets one lakh rupees increment), he is covered under ESI upto September. because the contribution period is April to September. if you fail to contribute the employee and employer amount, you will get a notice from ESI authorities at the time of inspection of your establishment.
Regards
Y.Gowree Parameswra Rao
9550403676

From India, Hyderabad
bhardwaj_ch1
73

1. If the wages of an employee (excluding remuneration for overtime work) exceeds thewage limit prescribed by the Central Government after April or October for the contribution periods from April to September, and October to March, he continues to be an employee till the end of that contribution period and contribution is to be deducted and paid on the total wages earned by him.
2. In case the wages of an employee is increased from a retrospective date resulting in crossing the wage limit prescribed, its effect on coverage of that employee is only after expiry of the Contribution period
during the currency of which such increase is announced or declared. The contribution on enhanced wages is also payable from the month in which such increase is announced. There is no need to pay the contribution on the arrears for the period prior to the month of declaration/announcement/agreement.

From India, Ahmadabad
msureshkumarmba2010
6

In case you want to remove the member due to out of coverage.you will done only Half yearly period.(April/ September. Suresh
From India, Madras
uckaushik143
Please note that, once ESI Contribution is paid in the base month of ESI Contribution Period, then the ESI Contribution will be paid for full contribution period. in your case the salary of employee in the month of Jun in Rs. 12000.00 hance you have paid the ESI Contribution upto Jun month. if his salary is increased upto 16000.00. the esi contribution will be paid upto September. he will be exempted from the ESI Contribution in the month of October.
ESIC Contribution Base Months Are : April & October of every year.
Contribution Period are : 1. April to September
2. October to March
Regards.
U.C. Kaushik

From India
Deepak1969
Dear Sir,
Please note that no employee can be exemption in mid term. if an employee is already covered under ESI in the first month of Half Yearly Return, he can only be exempted in the next Half Yearly Return.
Regards
Deepak Sharma

From India, Ludhiana
ravinder.mhrd@gmail.com
Dear
if the employee, who is covered under ESI in the month of April, if there is any revision in the salary in between the period April to September then he will be covered under the esic up to September and we have deduct and deposit the both contribution because the contribution period is April to September. if you fail to the contribute the employee and employer amount, whenever the inspection is done by ESI then the employeer have to paid all the liabilities
Regards
Ravinder singh
9910107834

From India, Gurgaon
hiashishdwivedi@yahoo.com
dear Amitmadi,
ESI contritution is done from your gross salary not from ctc, if your gross exceeds more than 15000 per month then ESI contribution will not be done.
so firstly know what is your ctc, gross and net take salary.
then calculate, your gross is less than 15000 or greater. and Last date of ESI challan is 21 of subsequent month. means salary of July you will get in month of august then ESI contribution will be done with in 21 of august. okay...
________________________
Regards.
Ashish DWived

From India, Indore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.