No Tags Found!


vsa227@gmail.com
ESI Employee & Employer contributions are reduced from 6.5% to 4% w.e.f 01st July,2019.
Now we will close the attendance for July’19 paysheet from 26th June to 25th July accordingly the reduced contributions are to be deducted as below.
1. 26th June to 30th June Employee & Employer Contributions to be recovered on 1.75% & 4.75%
2. 01st July to 25th July Employee & Employer Contributions to be recovered on 0.75% & 3.25%.
Now while we upload the challan for July month the ESI portal automatically calculate the contributions for Employee and Employer as 0.75% and 3.25% respectively. But there is a difference in deductions as per our Paysheet and generated Challans.
advice please.

From India, Kakinada
packiaraj83
31

Hi,
You have understand is totally wrong, What you have deducted is totally mistake.
whatever you may follow the attendance in pay roll like 26th to 25th or 1st to , in ESI will be considered as july month.
you couldn't upload in ESI postal will not accept.
you have to reverse your payroll.
Regards,
P.Packiaraj

From India, Bangalore
vmlakshminarayanan
929

Hi, Salary cut of date is your internal policy. Revised ESI contribution changes applicable with effect from 1st Jul,2019.
From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.