Thread Started by #gyan_seek

Dear Friends FYI . Rgds Gyan_seek
27th December 2016 From India

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File Type: pdf ESIC Notification on 21K limit.pdf (187.6 KB, 862 views)

Dear Sir,
Before the Gazette notification dtd Jan 2017, we already started deduction on the 21,000 wage from Nov 2016 paid in Dec 2016, my question is before the gazette we made the new wage policy the payment and filled with the ESIC, this will be credited to our account or not and the Newly added Employee will be benefited or NOT for the prior payment of the schedule due of Jan 2017, plz reply thanks
Srinivas Kopilla
SLN Consultancy 89786-04476
27th December 2016 From India, Hyderabad
Dear Srinivas, The Esic limit will be effect from Jan-2017 as mentioned in the notification, means you have to deduct the Esic from employees salary from Jan-2017’s salary. Thanks Shubham
27th December 2016 From India, Faridabad
Dear Srinivas Any payment made earlier will have no effect. you may contact the ESI accounts department for further help.
27th December 2016 From India
Dear Srinivas,
The amount deducted for advance salary does not attract any legal issue. The amount deducted won't adjust to other contribution. System will accept it as overtime wages or enhanced salary during contribution period if it is paid for the months other than the month of april and september. The IP will get more financial benefit, if any, during his benefit period.
For December month pay contribution on old rates and for January, u can pay on enhanced salary.
28th December 2016 From India, Bhubaneswar
Hi Friends, Can any one let me know is there any changes in due date for payment of ESI monthly contributions?
21st January 2017 From India, Bangalore
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