ESI Calculation Query
Hi all, good afternoon,
PLEASE SOLVE MY QUERY!!!!!
1. Do we have to deduct the conveyance allowance from the gross salary while calculating ESI? This is the GROSS SALARY of X employee:
- BASIC: 4500/-
- HRA: 3000/-
- CONVEYANCE ALLOWANCE: 1500/-
- VEHICLE MAINTENANCE ALLOWANCE: 600/-
- MEDICAL ALLOWANCE: 450/-
TOTAL GROSS SALARY: 10,050/-
What will be the ESI for the above X employee?
2. Is ESI included in CTC?
Regards,
Vikram
From India, Pune
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14Hi all, good afternoon,
PLEASE SOLVE MY QUERY!!!!!
1. Do we have to deduct the conveyance allowance from the gross salary while calculating ESI? This is the GROSS SALARY of X employee:
- BASIC: 4500/-
- HRA: 3000/-
- CONVEYANCE ALLOWANCE: 1500/-
- VEHICLE MAINTENANCE ALLOWANCE: 600/-
- MEDICAL ALLOWANCE: 450/-
TOTAL GROSS SALARY: 10,050/-
What will be the ESI for the above X employee?
2. Is ESI included in CTC?
Regards,
Vikram
From India, Pune
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ESI-Not-applica ble-on-Conveyan ce-Allowance.do c
ESI Notification - 2019 (1) CONTRIBUTION REDUCED TO 4% W.E.F JULY 19.pdf