If an employee is not coming under ESIC i.e his salary is above 21K , and has worked for less than 30 days (say 15 days), which brings him under 21K bracket, do we deduct the ESIC??
From India, Thane
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1From India, Thane
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No, you don't have to deduct ESIC in this situation. You're supposed to deduct ESIC on the monthly payable gross salary, but if any employee's monthly gross salary is above the 21k bracket, then ESIC is not applicable.
Regards,
Manish
From India, Ahmedabad
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Regards,
Manish
From India, Ahmedabad
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ok, does it goes the same way for PF?? i guess PF is deducted on the remaining days.
From India, Thane
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From India, Thane
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If the monthly basic plus DA salary of an employee is less than 15K, then PF is applicable. However, if the monthly basic plus DA of any employee is more than 15K, then PF is not applicable. For example, if any employee's basic plus DA for the whole month is 16K, then PF will not be applicable even though he or she has worked for 15 days and the payable basic plus DA is 8K.
Regards, Manish
From India, Ahmedabad
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Regards, Manish
From India, Ahmedabad
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SALARY with out PF Deduction.xls