Understanding ESI Obligations: Do We Still Need to Pay After Salary Adjustments?

Hi All, I work for a software development firm, and we have 50 employees. We diligently pay ESI for 6 people and PF for all employees. Recently, we adjusted the salaries, ensuring that nobody receives less than ₹10,000/-. Do we need to continue paying ESI for them? Please confirm. If there is an official link available, kindly refer me to the same.

Thanks,
Vignesh M

ESI applicability has been revised to ₹15,000 for over a year now. Therefore, if the salary is above ₹10,000, it is applicable.

Dear Vignesh,

The Excel sheet for the calculations of ESIC. Hope this is useful.

Regards,
Ashutosh Thakre

The concept of Rs. 10,000 has been changed to Rs. 15,000, which is the gross salary. To remit your monthly returns, you should first have login credentials for the ESI site. Log in to the site, and on the right-hand side, you will find the monthly contributions link. Click on it, and a new window will open. From this page, you can download the "MC TEMPLATE." Enter the data into this Excel sheet and upload it on the same page. This will create a challan with the amount to be paid in the bank. Once you have filled out your company's ESI monthly returns, you are done.

For further clarifications, you can contact me at [Phone Number Removed For Privacy Reasons].

Regards,
Nagendra Rao