Dear Sir, Please let me know how to calculate ESI and expline the cash benefits of ESI Yasser.
From India, Vellore
From India, Vellore
633
Dear Mr. Yasser,
Please make use of the following thread for your knowledge and understanding;
https://www.citehr.com/174551-pf-esi.html
From India, Visakhapatnam
Please make use of the following thread for your knowledge and understanding;
https://www.citehr.com/174551-pf-esi.html
From India, Visakhapatnam
Dear Yasser
Please note that
1. an employee is not covered under ESI if his Gross Salary (Excluding Overtime) is more than Rs. 15000/-. However for contribution the Gross Salary including Overtime is to be considered even if it goes above Rs. 15000/-.
2. Employee if covered at the start of Contribution period that is in April & October remains covered under ESI for the entire contribution period even if the employee cross the limit of Rs. 15000/- during the contribution period.
Hope the input from the group members and this post helps.
From India, Mumbai
Please note that
1. an employee is not covered under ESI if his Gross Salary (Excluding Overtime) is more than Rs. 15000/-. However for contribution the Gross Salary including Overtime is to be considered even if it goes above Rs. 15000/-.
2. Employee if covered at the start of Contribution period that is in April & October remains covered under ESI for the entire contribution period even if the employee cross the limit of Rs. 15000/- during the contribution period.
Hope the input from the group members and this post helps.
From India, Mumbai
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ESI contribution rates lowering.pdf