Whether ESI Is Deduct On Incentive Or Not !!!!!!!!!!!!

rajnish_sapra2005
Dear all,
whether ESI is deducted on Incentive or not.
There is a little bit confusion.
regards
rajnish sapra
koripallisrihari
Dear Mr.Rajnish,
As per my knowledge, ESI will be deducted on gross salary only. not on incentives. Incentives are apart from salary.
Regards,
Sri
Ashwini K
Hi Rajnish
No one will deduct ESI from their incentives, they will deduct through their salary.
Regards
Ashwini K
Jony_M
Dear Rajnish,
As per my opinion, if the incentive is being paid on monthly asis than ESI would be deducted. If the incentive is being paid after every two months, than no ESI amount will be deducted on incentive amount.
For further clarification please check the officicial web site of ESI department www.esic.nic.in
Thanks & regards,
Jony_M
Amith R Murthy
Hi Friends,
According to me Incentive will be added to your ESI deduction. As mentioned by our friend Jony Incentive is a part of your final salary and whether you get it or not will depend on your performance. So whether you incentive every month or once in a month ESI deduction will include incentive also. I hope this is of some use for you. Try to visit to ESI website given by Jony.
Regards
Amith R.
Mukeshbhargava21
Hello Everyone,
if Incentive is going with every payout then we have to dedicated esi on incentives. if we are paying incentive on every 90 days then no need to deduct.
Thanks
Mukesh Bhargava
Asst Manager HR
8290000666
Mukeshbhargava21
Hi Team,
ESIC have some condition on incentive if we paid quarterly then no need to deducted the ESI of we are paying every month with salary or without salary then we need to deducted the ESIC as per labour norms
Thanks
Mukesh Bhargava
Lead HR
CMS Info Systems Ltd.
8875151962
RenukaMeera@gmail.com
Hai Mukesh Bhargava,
Can you share the relevant Circular / notification on quarterly incentive, which does not form part of ESI calculation please...
Kind,
C.Renuka
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