Paid Bonus With Monthly Salary

satish.pandey
It has to be deduct ESIC because OT is variable component and for ESIC deduction OT will not consider. So you have to deduct ESIC on 20K.
tushar.swar
Dear All,
Apart from Fix component of salary, every amount which paying as extract under any component shall attract ESIC. only statutory bonus shall not applicable for ESIC.
Regards,
Tushar Swar
sharma sunil
Hi Rakesh,
First of all I would like to inform you that all emoluments which are paying on monthly basis, will be considered for ESIC contribution upto Rs. 15000/-.
In case of bonus all types of bonus apart from statutory bonus will be consider for esic contribution if company is paying bonus on monthly basis.
Regards
Sunil Sharma
Payroll Insights
Here I am sharing a blog regarding a income tax perspective of employee rewards and recognition (including bonuses) in India.
A Taxation Perspective of Employee Rewards and Supporting Payroll Softwares
Regards,
Arti
Raj439
Sir have monthly fixed salary or rupees 13700 but apart of that I have receiving 25-30 thousand rupees as sales incentive..sir my question is that should I am eligible to be member of esi or not
fc.vadodara@nidrahotels.com
Dear Raj
What is your gross salary per month on your payslip, secondly whether the incentive are shown in your salary slip, is it a monthly affair, please elaborate so as to give appropriate view
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