Hi All, I work for a software development firm, and we have 50 employees. We diligently pay ESI for 6 people and PF for all employees. Recently, we adjusted the salaries, ensuring that nobody receives less than ₹10,000/-. Do we need to continue paying ESI for them? Please confirm. If there is an official link available, kindly refer me to the same.
Thanks,
Vignesh M
From India, Coimbatore
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7Thanks,
Vignesh M
From India, Coimbatore
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Hi Vignesh ESI applicability has been revised till 15000/- since more than a year. So even the salary is above 10000/- then it is applicable.
From India, Bangalore
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From India, Bangalore
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Dear Vignesh, The Excel Sheet for the calculations of ESIC. Hope this is useful. Regards, Ashutosh Thakre
From India, Mumbai
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From India, Mumbai
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The concept of Rs. 10,000 has been changed to Rs. 15,000, which is the gross salary. To remit your monthly returns, you should first have login credentials for the ESI site. Log in to the site, and on the right-hand side, you will find the monthly contributions link. Click on it, and a new window will open. From this page, you can download the "MC TEMPLATE." Enter the data into this Excel sheet and upload it on the same page. This will create a challan with the amount to be paid in the bank. Once you have filled out your company's ESI monthly returns, you are done.
For further clarifications, you can contact me at [Phone Number Removed For Privacy Reasons].
Regards,
Nagendra Rao
From India, Bangalore
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For further clarifications, you can contact me at [Phone Number Removed For Privacy Reasons].
Regards,
Nagendra Rao
From India, Bangalore
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ESIC Calculation.zip
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