ESI Contribution - Employee Contributions

Sivajith.s
Hi,
I have a little bit confusion with ESI Contribution . The scenario is suppose an employee is joined on april 5 and payroll is run on 25 april. suppose the min days needed to capture ESI is set to 25 days, whether the employee is eligible for ESI Contribution? also if employer contribution is applicable?. the employee meets all other eligibility conditions.
Regards,
Sivajith
PreetamDeshpande
Dear Member
If the employee is under the provisions of ESI then it is immaterial whether the employee is being paid 1 days salary or 30 days of salary, the ESI Contribution is Payable.
Secondly if you are deducting Employees contribution then Employer contribution is by default payable.
Regards
Preetam Deshpande
sameerparanjape
Hello,
ESI applicability and liabilty starts from the very first day of employment if the Act is applicable to the establishment. The reason is simple...the employee can require medical insurance on the very first day of work also. He can meet with an accident or otherwise. ESI protects employer against WC compensation as well as disability pension. It is in the interest of employer to give employee protection from the first day. Otherwise the employer will be personaly liable to pay for everything in case of any mishap.
Best regards
Sameer Paranjape,
Advocate ( Labour Law Consultant ) Pune,
9850083760
Share knowledge ....... gain knowledge .......
sudharshanan.v
Mr. Sivajith
The employee is eligible for ESI on the day one, If the employee works for one day ,the esi contribution has to be remit.
Regards
Sudharshan
IT INFORMATIONS
Greetings to one n all,
I selected inOne company and that company mentioned in offer letter that my gross monthly salary Rs.22500/- less TDS Rs.2250/- and Net Take home salary is Rs20,250/-.,I have Housing Loan , for the year2012-13 deduction of principal amount is Rs.22510/- and Interest amt is Rs.57448/-.Hence my doubt is for the F.Y 2012-13 whether i will fall under TDS or not.
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