Re: What Is The Limit For ESI DEDUCTION MAXIMUM AMOUNT

HI
I WANT TO KNOW HOW HUCH MAXIMUM AMOUNT SHALL WE DEDUCT FROM ESI ACT ?
THANKS
DILIP

Hi Dilip,
The ceiling amount to be covered under ESI Act is 10000/- rupees gross per month.. And 1.75% of gross per month is been deducted from Employee side whereas 4.75% of the same is been deducted from the employer side..
So the maximum deduction of ESI Act from an employee can be
1.75% of 10000/- = Rupees 175/- only.. Whereas, from the employer side it would be 4.75% of 10000/- = Rupees 475/- only..
Hope now your query will be cleared..
Regards,
Amit Seth.

Dear Friends,
You can visit www.esic.nic.in and www.epfoindia.com for more details about ESI and PF.
Regards
Amith R.

[QUOTE=Amitmhrm;152352]Hi Dilip,
The ceiling amount to be covered under ESI Act is 15000/- rupees gross per month.. And 1.75% of gross per month is been deducted from Employee side whereas 4.75% of the same is been deducted from the employer side..
So the maximum deduction of ESI Act from an employee can be
1.75% of 15000/- = Rupees 263/- only.. Whereas, from the employer side it would be 4.75% of 15000/- = Rupees 713/- only..
Hope now your query will be cleared..
Regards,
MANAS JHA(9007640313)

hi dilip

you can deduct the esic amount till the 15000. /- gross salary as per mentioned wages below.

empe contribusion: 1.75%
empr contribusion: 4.75%

e.g. gross salary is 10000.00/-
emple cantirubusion:- 175.00/-
empr contribusion:- 475.00/-

hi friends,
plz let me know abt the ESI , in which area it will b effective......
where the ESI hospitals are located or othr reason....
bcz in our city ESI is not appicable...
tush_sharma