Apex Management
Labour Laws Consultants
Pramodthakar
Taxation And Hr
SOUBHIK KUMAR GHOSH
Hr - Incharge
Vikasmsw1986
Hr Executive
+2 Others

Thread Started by #vikasmsw1986

Dear seniors, if one employee's salary is 14800 in june 2016 & in july his gross salary is 17000, is he still eligible for ESI contribution ? Please explain it as it was asked in an interview to me.
22nd July 2016 From India, Udaipur
Dear Vikas,
only fixed component shall be consider for ESI deduction if gross salary has been increased from 14800 to 17000 then yes ESI contribution shall be made even on 17000 till 30 september 2016,
Thanks & Regard
Devesh Chauhan
Practicing in Accounts, Finance, Taxation, Labour Laws
22nd July 2016 From India, Basti
Dear Vikas
Under the ESI scheme, if wage is increased beyond the ceiling limit after the commencement of any currency period, the contributor is required to contribute till the closure of that currency period. in your case, ESI contribution will be payable till 30th September, 2016.
P K Sharma
22nd July 2016 From India, Delhi
Thank you all seniors, but tell me one more thing. If salary is increased from 14800 to 17000, on which amount employee & employer will contribute till the end of fiscal year , in this case till sept. 2016 ( i.e. on 14800 or 15000 or complete 17000).
22nd July 2016 From India, Udaipur
It is required to deduct ESI contribution till September, i.e. contribution period April to Sept. From October he/she will be out of ESIC. Contribution should be deducted on 17,000/-.
22nd July 2016 From India, Pune
Dear Vikas
Greetings of the day!!!!!!!
Under Employees’ State insurance Act, 1948, we have to submit Return of Contribution/ Half yearly return 11th April (i.e for the contribution Period October to March) and 11th November (i.e for the Contribution period April to September) every year. The person can come out from ESIC after this period.
But ensure, his salary, calculated for exemption from ESIC must have fixed components. Which will be paid month on month to him.
23rd July 2016 From India, Kolkata
employer as well as employee contribution for ESI till sep (APRI-SEP) or march(oct-march) as per reckoning
23rd July 2016 From India, Bangalore
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™