Conveyance Allowances Included While Calculating Esi?

vikkybhati07
HI all,
Good Afternoon,
PLEASE SOLVE MY QUERY!!!!!
1.Do we have to deduct conveyance allowance from gross salary while calculating ESI?
This is the GROSS SALARY of X employee
BASIC 4500/-
HRA 3000/-
CONVEYANCE ALL 1500/-
VECH MAINT ALL 600/-
MED ALL 450/-
TOTAL G/S 10,050/-
what will be the ESI for the above X employee?
2.Is ESI included in CTC?
Regards
Vikram
sethupathy-s
Dear Vikram,
Employer's contribution of 4.75% can be included in CTC.
You can omit the washing allowance (If Uniforms are Provided) and Conveyance Allowance from the wages deemed for contribution.
Please Go through the attached files.
S.Sethupathy,
Excellent HR Services,
Erode.
2 Attachment(s) [Login To View]

chirag-upadhyay
ESIC Applicable in Daman , if applicable please share the notification

please help me
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute