ESI Deduction Even If Basic Is More Than The Required??

himangi
We have appraised few of our employees in June, for whom ESI was applicable. we have paid their ESI for April 2012 and May 2012, and do not need to pay it from June 2012, as salary has increased more than 15,000/- But our consultant told us that according to ESI rule, since we have paid for first 2 months in this 6 months, we have to pay ESI for rest 4 months, June-Sept 2012.. I dont understand why we need to pay ESI when employee is getting more than 15k per month and it is not going to benefit employee or employer..
Please let me know what the rule exactly say regarding this..
Any help is appreciated! Thanks!
ashok.jangra
Dear Himangi
Your consultant is right, you bound to pay esic up to complete the current contribution period ( sept 12) after that you can make out of coverage from the esic
This is as per esic act
chantig
As Ashok said your consultant is correct.
There are two contribution periods each of six months duration and once paid in this block should continue paying until the period is completed. Change can be done only in the begining of the next contribution period
Contribution period
1st April to 30th Sept
1st Oct. to 31st March
Thanks
Lakshmi
JeDhru Softech - Payroll Outsourcing
govindkrishna
Hai
I just want to know how much amount will be disbursed from ESI for a person
who goes on maternity leave.
Her current salary is Rs.15,000.00
Please let me know .
Thanks&Regards
Govind Krishna
ppmarketing
Dear Himangi,
please find the ESIC Rules(Central)1950 & read the highlighted area Rule 50.Same incident occurs with our company & I, myself have to go to Regional Office to solve the matter. The Officials said me "You can contribute & deduct Employers/Employee portion in case it exceeds Rs 15000/- P.M. even after current contribution period if employee wishes to get benefits regularly from Esic".
With Regards.
Debanka Das
(HR-Complience)
P.P.Marketing Solutions Pvt Ltd.
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subbarao.v
Once you paid ESI IN THE BEGINNING OF THE CONTRIBUTION i-e Apr or Sep, till end of the contribution period, ESI is liable to pay. So your consultant's advice is correct in this regard.
sanjughosal
Dear Sirs,
Please let me know salary limit from which esi amount can be deducted ie., whether the salary limit has been enhanced or not.
yours faithfully,
s. ghosal.
bibek.banerjee
Will the ESIC Deduction will happen on Rs.21000 or on the Actual Gross?
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