Dear All,
This is a query which raised recently in my Organization. I am slightly confused that whether the Overtime (if paid with Salary) comes under the purview of ESI. For example on employee's Gross Salary is 21000, i.e. the amount to be deducted from the employee is 377. But after adding the amount of OT is raised to Rs 24000. Now its my question
1. whether the amount of Rs 377 will be deducted after adding the OT
2. whether the amount of ESI will be increased to Rs 420.
3. whether the amount of deduction for ESI will be waived out for the increase in the amount of the Limit of ESI.
Request all of you to give a strong answer.
RATNADEEP KAR
Manager - HR
M-9674970355
This is a query which raised recently in my Organization. I am slightly confused that whether the Overtime (if paid with Salary) comes under the purview of ESI. For example on employee's Gross Salary is 21000, i.e. the amount to be deducted from the employee is 377. But after adding the amount of OT is raised to Rs 24000. Now its my question
1. whether the amount of Rs 377 will be deducted after adding the OT
2. whether the amount of ESI will be increased to Rs 420.
3. whether the amount of deduction for ESI will be waived out for the increase in the amount of the Limit of ESI.
Request all of you to give a strong answer.
RATNADEEP KAR
Manager - HR
M-9674970355