Components Of Salary For ESIC

Philip Lopes
Sir, Thank you for this.
We have following components as part of our Fixed Gross Salary -
BASIC, HRA, SPECIAL ALLOWANCE, CONVEYANCE, PERSONAL ALLOWANCE and MEASURED ALLOWANCE.
Conveyance is fixed to Rs.800/- per month.
Can we consider all these components as Wages for ESIC eligibility?
TELIKEPALLI
Dear Friend,
ESI will deduct on monthly Gross salary. If any employee Gross salary exceeds Rs. 15000/- ESI will applicable as per ESI act from May,2010 earlier Rs. 10,000. If the above mentioned Brake-Up is paying Monthly, If all together is Rs .15000/- or more ESI is applicable.
kasim.venus
Dear all,
I wanted to know what are the salary components applicable to esi contribution as well not applicable components.
pls guide on this with provision.
Regards
Kasim - Bangalore
9686317494
Manish Gadre
Dear Kasim
Within the wage limits of Rs 15,000/- almost all the allowances are wages under ESIC. Typically, if any allowance is paid to an employee for more than continuous 2 months it becomes the regular salary component and ESIC is applicable on the same.
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