Hello Friends, I was under the impression that if the total employee strength crosses 10/20, then ESIC is applicable if even one employee's salary is below 21,000/-. Now, at the time of reading the ACT, I am a bit confused since the proviso to sec 2(9) says an employee does not include any person so employed whose wages (excluding remuneration for overtime work) exceed [such wages as may be prescribed by the Central Government].
So, does it mean that if the employee is earning less than 21,000/- and I cross the 10/20 employees limit, then I am liable to register? Kindly explain whether I am interpreting this right or wrong.
Kind regards, [Your Name]
So, does it mean that if the employee is earning less than 21,000/- and I cross the 10/20 employees limit, then I am liable to register? Kindly explain whether I am interpreting this right or wrong.
Kind regards, [Your Name]