Reduced ESI contributions & payment - difference in deductions as per our Paysheet and generated Challans

vsa227@gmail.com
ESI Employee & Employer contributions are reduced from 6.5% to 4% w.e.f 01st July,2019.
Now we will close the attendance for July’19 paysheet from 26th June to 25th July accordingly the reduced contributions are to be deducted as below.
1. 26th June to 30th June Employee & Employer Contributions to be recovered on 1.75% & 4.75%
2. 01st July to 25th July Employee & Employer Contributions to be recovered on 0.75% & 3.25%.
Now while we upload the challan for July month the ESI portal automatically calculate the contributions for Employee and Employer as 0.75% and 3.25% respectively. But there is a difference in deductions as per our Paysheet and generated Challans.
advice please.
packiaraj83
Hi,
You have understand is totally wrong, What you have deducted is totally mistake.
whatever you may follow the attendance in pay roll like 26th to 25th or 1st to , in ESI will be considered as july month.
you couldn't upload in ESI postal will not accept.
you have to reverse your payroll.
Regards,
P.Packiaraj
vmlakshminarayanan
Hi,
Salary cut of date is your internal policy. Revised ESI contribution changes applicable with effect from 1st Jul,2019.
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