We are manufacturer of readymade garmnets. Many workers are employed on Piece Rate Wages and their wages in some months crosses limit of ESI & PF.
What is rule in the case of Piece Rate Workers who's wages crosses the limit prescribed under ESI or PF Act?
How to maintain their record of Wages Payment in the books of account and mannual Payment Register.

From India , Surat

once they get coverage, exceeding of salary does not bar them to get exit , they have to continue to contribute.
say one worker get salary 14000 and in one month he earned 23000( including OT and other allowance), so his esi would be deducted on full 23000 ,
similar is EPF, however upon agreement with employee and employer, the upper capping limit may be fixed to 15000 ceiling,

1. Sir, so far coverage of piece-rated workers under ESI Act, 1948 and rules/regulations framed thereunder is concerned, the formula to calculate "average daily wages during a contribution period" has been defined under Rule 2(1-A) of the ESI (Central) Rules, 1950. Similarly, the method to calculate "average daily wages during a wage period" has been defined under Rule 2(1-B) of the Rules as mentioned above. Hope you will examine and decide the issue accordingly.
2. Similarly, so far as Wage Register for payment of wages to such piece-rated workers/employees is concerned, I hope, you will see the proforma of such Register as laid down under The Payment of Wages Act.

From India, Noida

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply →

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHRô

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server