Dear seniors, we are experiencing a lot of trouble with the new ESIC website while making monthly payments. What if there is an excess or short payment? And I have not been able to adjust that correctly? Will this create audit issues? Please advise.
From India, Mumbai
From India, Mumbai
As long as my experience holds, we have found some differences in monthly contributions due to rounding off to the nearest whole number. If there is a shortfall in payment, try to adjust the contribution under the subject of omitted wages. However, the first suggestion would be to "consult your local office for the same. If they agree to make the adjustment from their end, it is well and good."
Regards
From India, Kolhapur
Regards
From India, Kolhapur
Now in the contribution period from April to Sept 2011 , there has been short payment from the employee as well as the company s side, so, how do I reply to the auditors ?
From India, Mumbai
From India, Mumbai
I have also encountered the same issue, but I have confirmed with our Regional Pune office regarding it. They have acknowledged the rounding-up formula issue where the ESI software is resulting in short payments. Consulting the Regional/Local ESI office is the best solution. No need to worry.
Regards,
Ulhas
From India, Pune
Regards,
Ulhas
From India, Pune
Yes, but in our case, it is not just due to rounding off from the website, but some error from our end.What do I do ?
From India, Mumbai
From India, Mumbai
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