Hi, What are the wage components under ESI Act to arrive on a monthly salary of Rs 21000.
If we pay statutory bonus on monthly basis then these employees gross monthly salary will be more than Rs 21000.
Thus will they still be eligible under ESI.
Please clarify.
13th May 2019 From India, Mumbai
ESI calculated on Gross earnings. If gross earning exceeds 21k then ESI coverage not required.
13th May 2019 From India, Madras
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