ESI Contribution [Thread 369156]

rldhingra
Hi all
kindly refer to Rule-52 of The Employees' State Insurance (Central) Rules, 1950 which provides for Exemption from payment of employee's contribution .The average daily wages during a wage period for exemption from payment of employee's contribution under section 42 shall be upto and inclusive of Rs. Rupees seventy wef 1/4/2007, which has been recently substituted to Rupees 100/-
presently an employee whose average wages during the wage period is upto and inclusive of Rs. 100/- is exempt from the payment of ESI Contribution.
an employee drawing wages exceeding Rs.15000/- per month is exempted from covrerage under ESI
RLDhingr, Advocate,
Labour Law Consultant
Delhi.
9818309937 , email:rld_498@rediffmail.com
loginmiracle
ESI Returns and remittances have become ONLINE submission. After filling the monthly contribution in ONLINE & submission ONLINE, U should print the challan from the same portal and attach your cheque for the contribution and give to the designated bankers, obtain their ack/seal and file half yearly Return (some Inspectors still insist for submission manually for Half yearly Return) and keep them for your record. Like this you can file/remit for previous periods as well and deletion & additions of employees from time to time, as and when necessary. But safer side you better maintain/preserve manual register of wages/contribution.
kumar.s.
bg.
amkumar1987
no need to esi dec. esi take his fixed monthly gross salary only . no need to consider the take home or loss of pay
hrguru@gmx.com
Dear Mr. RLDhingr, Advocate,
Thanku very much for ur absolute clarification, very authenticated information.
we very happy with ur answer
thanks once again.
Regards,
guru.
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