Dear Seniors,
To begin with A Very Good Morning to you. I am having a problem regarding Esic Exemption. According to Esic if an employee getting more than 15000 gross wages so he/she will not be eligible for Esic. So, now my question is that if an employee get gross wage more than 150000 (Wage + O.T) in two or three months in half yearly contribution period (apr to sep, oct to mar) so after that in future he/she will be eligible for Esic in next month or next contribution period. Your reply would be greatly appreciated.
Thanks & Regard's
Nitin Sharma
To begin with A Very Good Morning to you. I am having a problem regarding Esic Exemption. According to Esic if an employee getting more than 15000 gross wages so he/she will not be eligible for Esic. So, now my question is that if an employee get gross wage more than 150000 (Wage + O.T) in two or three months in half yearly contribution period (apr to sep, oct to mar) so after that in future he/she will be eligible for Esic in next month or next contribution period. Your reply would be greatly appreciated.
Thanks & Regard's
Nitin Sharma