If employees' salaries increase from April 1, 2013, by more than 15k, but this amount is reflected in the May '13 salary with arrears, will ESI contributions be paid in the May salary or not? This is because in April '13, ESI contributions were already paid due to the salary being less than 15k.
If you have any circular on this, please inform us.
Regards,
Mayur
From India, Kolkata
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If you have any circular on this, please inform us.
Regards,
Mayur
From India, Kolkata
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Dear Mayur As Per ESIC Act the contribution once deducted will be continuously contribute for next 6 months..., So, need to be deduct up to Sept 13
From India, Bangalore
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12From India, Bangalore
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At the beginning of the contribution period (i.e., April/October), if the salary is less than 15k, ESI should be contributed until the end of the contribution period. Even if the salary increases above 15k during the contribution period, the contribution should continue until the end of the period.
Regards,
V. Subbarao
From India, Madras
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Regards,
V. Subbarao
From India, Madras
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ESIC Act 1948 .Doc
ESIC Act 1948.ppt
Form No. 37 Under ESIC act.pdf