ESIC Deduction - Salary Reduction [Thread 154910]

meenu.m1@citehr.com
Dear All,
Please let me know that if any employee whose salary is above 10000/-including the CTC then the ESIC will deduct or not.
Please be clearify me about that point.
Nirmala
Hrd
malikjs
dear nirmala
if anyone gets total gross salary less than 10 k per month than he will be covred under ESIC.MIND IT IS NOT ctc.
tks
js malik
Ramesh Kr.Vishwakarma
Dear Malik Sir,
I am working in Concrete sleeper business group at surrounding of Barabanki (U.P.) i want to know that if ESIC office have distance is out of 15 km. from my factory ,ESIC will be applicable or not ?
Regards
Ramesh
S.Chandrasekar
Dear Ramesh,
The distance of your company and ESIC local office has nothing to do. You have to visit it at the time of filing of returns. thatz it. It is the locality of your employees and their ESI dispensary that you are to allot at the time of issuing ESIC card. Find out the chart from your local office as to the dispensaries available in your city. Hope this is the doubt you had.
Regards,
Chandru
anchalsharma27@rediffmail
Hello,
The allocation of the dispensary depends upon the address you mention when filling up the ESI form. Accordingly, the nearest dispensary is allotted. Hope that solves your query.
James Hopes
Madam
CTC means all the total components of salary package
basic, hra, conveyance, special allowance, PF,LTA, Medical, Incetive,Gratuity, Medical Insurance++++.
ESI Contrubution will be calculated on Gross salary only, gross salary means all the total earnings as per his working days in the current month.
gross salary=Basic+vda+hra+conveyance+any special alowance only
for calculating the ESI, the Gross salary will be treated all components, if the total earnings are 10000 and below 10000 then staff / worker covered under esi, if his gross salary more than 10000 esi will not be applicable.
2). IF staff covered under ESI, then over time and Incentives also we have deduct esi conturbution.
malikjs
dear nirmala
you are working in HR and u want your question to be replied immediately but neither you see posts of your question nor you reply for your query.really disgustting.
j s malik
uday kumar verma
Dear Nirmala,
Better u go through the ESIC Laws and rules,where the definition of earning and wage is given.There is no question of CTC coming into picture for the applicability and deduction of contribution.
Uday Kr Verma
Beenair
Dear Seniors,
I too have some queries regarding ESIC.
Kindly clarify.
ESIC on Leave Encashment - Is ESIC deductable on Leave Encashment?......I believe no, as ESIC is deducted on Gross and Leave Enchmt comes in CTC....pls advise.
ESIC on Overtime - The book on Labour Law specifies the term "Wages" for ESIC is excluding overtime.....that means ESIC is not deducted on overtime...pls clarify if I m wrong.
Kind regards,
Beena
rishi.saxena
Dear Sir,
Kindly let us know, how to calculate the interest on late deposit of ESIC/EPF contribution.
Regds
Rishi Saxena
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