Hi please let me know that, what is the latest minimum wages for esic decuction ?
From India, Noida
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From India, Noida
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Latest minimum Wages for Esi Deduction is minimum Labour wages but for ESI Deduction it is up to Rs. 21000 is the limit , i.e. if a wages / salary is below Rs. 21000 then ESI Deduction is must.
From India, Jamshedpur
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7From India, Jamshedpur
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Sir, as per Rule 52 of ESI (Central) Rules, 1950, employees receiving average daily wages up to Rs. 137 are not required to contribute under the ESI Act, 1948. However, the employers' share of contribution is necessary to be paid.
From India, Noida
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From India, Noida
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every member who is on master roll and drawing gross wages upto 15000 is contributory for ESIC act,
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I agree with Glidor. To be precise, as per ESIS Act revised as on 9.8.2016, anyone Earning < 15,000, is required to be covered under ESIC. This wage threshold is w.e.f. 01.05.2010.
From India, Thane
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From India, Thane
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@Harsh The employer has to submit the no of days and wages paid, then if the exemption is available to the specific employee, "the employee share would get ZERO, employer is not exempted, in any case
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Employee Salary file - India 2016 AB.xls
SALARY CAN BE SPLIT INTO COMPONENTS BUT NOT LESS THAN THE MINIMUM WAGES.docx