ESI Deduction on Overtime Wages
Is there any deduction on overtime wages according to the rules in ESI deduction, or is it only on the basic salary? If the salary is less than Rs. 10,000/- or there are no more limits on salary under a Partnership Firm, please tell us the actual percentage of deduction from the employee and from the employer.
From India, Bangalore
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Is there any deduction on overtime wages according to the rules in ESI deduction, or is it only on the basic salary? If the salary is less than Rs. 10,000/- or there are no more limits on salary under a Partnership Firm, please tell us the actual percentage of deduction from the employee and from the employer.
From India, Bangalore
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OT is also included for ESI deductions. The percentage is 1.75% for the employee and 4.75% for the employer if the employee draws less than Rs 15,000 as salary. In that case, the contribution of the employee is also deducted from the employee's salary.
Basima, LabourNET-Kerala & Karnataka [Labour Net](http://www.labournetlc.com)
From India, Kochi
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67Basima, LabourNET-Kerala & Karnataka [Labour Net](http://www.labournetlc.com)
From India, Kochi
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Rules for Statutory Deductions Exemptions Perquisites-Pay roll.doc
ESI _General PF_ Rules 1995.pdf