GSIWe propose to increase one of our employee's Salary to Rs.25,000/-pm gross. Can someone explain how to calculate his ESI & PF now as per Labour Act for Telangana? Also, I believe Professional tax should be considered for him now. How to deduct Professional tax for Telangana state? How to create Professional tax no for employee?
From India, Jubilee Hills
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Labour Law Advisor And Legal Consultant
abhishek-dhingra1PF and ESIC are central Acts so simultaneously applies to your jurisdiction as well i.e Telangana. Now, if you increase the salary Gross to Rs. 25,000/- of your employee than PF to be deducted upto the limit of Rs, 15,000/- i.e Rs. 1,800/- per month and the employee will be out of ESIC as the ESIC limit is upto Rs. 21,000/- only so by following the ESIC contribution period i.e from October to March you have to deduct ESIC till March wage month and after that indicate the employee as Out of Coverage in ESIC.
From India, New Delhi