Dear Seniors,
Hello, I want to know about the ESI deduction for the high salary. One of the employees in our organization is withdrawing the amount of 22000/- and now he wants the benefit of ESI and PF. What should I do...?
From India, Jaipur
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Hello, I want to know about the ESI deduction for the high salary. One of the employees in our organization is withdrawing the amount of 22000/- and now he wants the benefit of ESI and PF. What should I do...?
From India, Jaipur
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ESI and PF Eligibility for High Salary Employees
An employee drawing a salary above Rs 21,000 is exempt from ESI; hence, they are not eligible for any medical benefits under ESIC. However, for PF benefits, if your employee was previously a member of the PF scheme, then the employee is eligible for PF benefits even if the salary is above Rs 21,000/-. You can provide PF benefits up to a maximum limit of Rs 15,000/- (Basic + DA).
If your employee was not a member of the EPF scheme previously, you can still provide PF benefits up to a maximum limit of Rs 15,000/- if your management approves this.
From India, Pune
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29An employee drawing a salary above Rs 21,000 is exempt from ESI; hence, they are not eligible for any medical benefits under ESIC. However, for PF benefits, if your employee was previously a member of the PF scheme, then the employee is eligible for PF benefits even if the salary is above Rs 21,000/-. You can provide PF benefits up to a maximum limit of Rs 15,000/- (Basic + DA).
If your employee was not a member of the EPF scheme previously, you can still provide PF benefits up to a maximum limit of Rs 15,000/- if your management approves this.
From India, Pune
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Employee Benefits.doc
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