Prime Sponsor - FactoHR.com - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Dear Seniors,
Hello, I want to know about the ESI deduction for the high salary. One of the employee in our organisation is withdrawing the amount of 22000/- and now he want the benefit of ESI and PF. What should I do...?
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Employee drawing salary above Rs 21000 is exempted from ESI hence they are not eligible for any medical benefits under ESIC. But for PF benefit, if your employee was previously a member of the PF scheme, then the employee is eligible for PF benefit even though the salary is above Rs 21000/-. You can provide PF benefit on maximum limit of Rs 15000/- (Basic+ DA). And in case your employee was previously not a member of EPF scheme, still you can provide PF benefit on maximum limit of Rs 15000/- if you management approves this.
Prime Sponsor - Talentedge.com "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™