Hr Manager
Hr Consultant

Dear Sirs, As per NEW SOCIAL SECURITY CODE, would the wage ceilings for EPF Contributions and ESI continue and will attract ESI contribution on 50% Allowance which are not part of wage as per latest WAGE DEFINITION. Kindly explain...
From India, Nizamabad
@Tumati ESI is payable on gross monthly wages, even on Overtime paid EPF is payable on Basic+DA+SDA

Yes Sir. i completely agree with you, My question is pertaining to Wage Definition in Social Security Code.
As per ESIC - Wages allowances also attarcts ESIC COntribution, whereas ocial Security Code defines Upto 50% of allowances in wages are excluded. sothat ESIC contribution excludes this clause or not

From India, Nizamabad
As per the new Social Security code. in the definition of wages, components such as HRA, OT, Commission, and Travel allowance are excluded. Therefore liability of contributions of
employees and employers under EPF Act and ESI Act shall be reduced.

From India, Aizawl
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