Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
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
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
Hi, Salary cut of date is your internal policy. Revised ESI contribution changes applicable with effect from 1st Jul,2019.
From India, Madras
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 @ 2020 Cite.Co™