I AM BHARATH.J
I have doubt in Esi exemption can any one help me……. Its urgent for me
The query is below
In our concern we going to give increment to our employees, as in a regular concept the increment is applicable to pf and esi….. But my higher officials feel, increasing pf its fine but increasing the esi is necessary because already we are paying esi for some amount then why should we increase it because less people only going to esi others are for name shake they having the esi…
For example,
Mr. X - current salary is 150 per day/ 3900 monthly ( 26 days )
Mr. x – current basic is 2600 and allow is 1300
Mr. x – pf amount is 312/- and esi amount is 69/-
We plan to increase 100/- rs per day
Question is, whether we can exclude this 100/- in esi, if any exemption is there for allowance.
Kindly guide me please….
BHARATH. J
9159151900
I have doubt in Esi exemption can any one help me……. Its urgent for me
The query is below
In our concern we going to give increment to our employees, as in a regular concept the increment is applicable to pf and esi….. But my higher officials feel, increasing pf its fine but increasing the esi is necessary because already we are paying esi for some amount then why should we increase it because less people only going to esi others are for name shake they having the esi…
For example,
Mr. X - current salary is 150 per day/ 3900 monthly ( 26 days )
Mr. x – current basic is 2600 and allow is 1300
Mr. x – pf amount is 312/- and esi amount is 69/-
We plan to increase 100/- rs per day
Question is, whether we can exclude this 100/- in esi, if any exemption is there for allowance.
Kindly guide me please….
BHARATH. J
9159151900