Dear Friend,
For exemption the gross salary excluding of overtime is considered. Hence if an employee draw salary inclusive of overtime is more than Rs.15,000/- ESI has to be deducted.
Ex: Salary Rs.14,400/- - esic applicable
Salary Rs.15,100/- Inclusive of overtime esic applicable
Salary Rs.15,001/- esic not applicable.
Hope it is clear to all now.
regards,
satishkumar
For exemption the gross salary excluding of overtime is considered. Hence if an employee draw salary inclusive of overtime is more than Rs.15,000/- ESI has to be deducted.
Ex: Salary Rs.14,400/- - esic applicable
Salary Rs.15,100/- Inclusive of overtime esic applicable
Salary Rs.15,001/- esic not applicable.
Hope it is clear to all now.
regards,
satishkumar