Can any one provide any circular of esic regarding this
salary paid for the month of nov 10000/ esi deduct 175/-
and during the month of dec salary paid @ 18000/
tell me contributon for this amount
is calaculate on 15000/- or 18000/- up to next return period
as per my knowledge
esic contribution calculation should be on 15000/-
if any reply please provide the circulars
will be thankfull
From India, New Delhi
36salary paid for the month of nov 10000/ esi deduct 175/-
and during the month of dec salary paid @ 18000/
tell me contributon for this amount
is calaculate on 15000/- or 18000/- up to next return period
as per my knowledge
esic contribution calculation should be on 15000/-
if any reply please provide the circulars
will be thankfull
From India, New Delhi
Dear Ashok, The employee is out of ESIC scope after the increment. Please stop paying the contribution. Regards, Viraj
From India, Pune
From India, Pune
Dear Ashok,
after increment u can stop contribution for employee.u can save the employer's contribution that is a benefit of employer because ESIC ceiling point is 15000K
Regards,
Ashish Kumar
7838606486
From India, New Delhi
after increment u can stop contribution for employee.u can save the employer's contribution that is a benefit of employer because ESIC ceiling point is 15000K
Regards,
Ashish Kumar
7838606486
From India, New Delhi
Dear Ashish
Please try to understand my question
We can stop all contribution after completation the period Oct 2010 to March 2011
My question is only that contributon payments calculation on 15000/- or 18000/-
From India, New Delhi
Please try to understand my question
We can stop all contribution after completation the period Oct 2010 to March 2011
My question is only that contributon payments calculation on 15000/- or 18000/-
From India, New Delhi
To my understanding, ESIC has a block period during which the employee is covered and payments cannto be withdrawn in between.
Since employee is out of ESIC limit, the choice is with the employer to keep deduction on the minimum 15k and maintain the facility and simultaneously add him into Group Medical Covergae as applicable for all other non esic employees.
The calculations if any should be based on the Maximum amount limit i.e 15,000/-
Regards,
Shridhar
From India, Mumbai
Since employee is out of ESIC limit, the choice is with the employer to keep deduction on the minimum 15k and maintain the facility and simultaneously add him into Group Medical Covergae as applicable for all other non esic employees.
The calculations if any should be based on the Maximum amount limit i.e 15,000/-
Regards,
Shridhar
From India, Mumbai
Dear,
Yes u r correct Increment b/w the contribution period means v should deduct the payment upto the ceiling wage. i.e, 15k X 1.75% basis v can deduct. Emr also should contri 4.75% for the same wage til the contribution period ends, once the return filled means v ll show him as a left employee.
This is my opinion.
Regards,
Sukumar.R.K.
Manager - ER &IR
Lotus Footwear,
Chennai
From India, New Delhi
Yes u r correct Increment b/w the contribution period means v should deduct the payment upto the ceiling wage. i.e, 15k X 1.75% basis v can deduct. Emr also should contri 4.75% for the same wage til the contribution period ends, once the return filled means v ll show him as a left employee.
This is my opinion.
Regards,
Sukumar.R.K.
Manager - ER &IR
Lotus Footwear,
Chennai
From India, New Delhi
You have to remit the ESI payment for Rs. 15,000/- only even if the salary is Rs.18000/-. Please refer Mr. RK Sukumar’s reply in this regards S. Bhaskar 9099024667
From India, Kumbakonam
From India, Kumbakonam
If someone going to get treatment in esi hospital for half day. Is he has to give leave to his office for that half day or no need to give leave?????????
From India, Delhi
From India, Delhi
Dear ashok, u have to pay the ESI contribution on 18k only............since if u go through the employee definitionm u/s. 2(9) of the Act, it clearly says that even an employee crosses wage ceiling he should be continued to be under coverage till the end of the contribution period.
Further the contribution will not be futile, as the cash benefit will be disbursed based on the wages drawn by him in the concerned contribution period..
Hope u understand the issue......
From India, Hyderabad
Further the contribution will not be futile, as the cash benefit will be disbursed based on the wages drawn by him in the concerned contribution period..
Hope u understand the issue......
From India, Hyderabad
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ESI Circular - New Salary ceiling of Rs. 15,000 effective May 1, 2010.pdf
Salary Breakup with ESI.xls
ESI - Allowances Rules - Salary.docx