ESI is applicable to all employees of an organization which has an employee strength of 10 or more employees and uses electricity. ESI contribution to the ESI Corporation is 1.75% from the employee and 4.75% from the employer on the gross salary of the employee. However, an employee is exempted from paying ESI contribution if he is earning less than Rs 40/day, but the employer has to pay his contribution. The latest ceiling limit is Rs. 15,000 gross salary of the employee.
For more details, start Googling :=)
Regards,
Shreekanth.p.r
From India, Mumbai
For more details, start Googling :=)
Regards,
Shreekanth.p.r
From India, Mumbai
Dear Rajiv,
ESIC deduction is a mandatory deduction for all employees whose gross income is below Rs. 15,001. However, there are certain industries and locations where ESIC is not applicable. Please find attached the details. Additionally, you can refer to Google and CITEHR for more information.
I have collected all these documents from CITEHR itself, posted by various members like you and me. Many thanks to CITEHR and its members. If you have any further queries, please do not hesitate to let me know.
Thank you.
From India, Bangalore
ESIC deduction is a mandatory deduction for all employees whose gross income is below Rs. 15,001. However, there are certain industries and locations where ESIC is not applicable. Please find attached the details. Additionally, you can refer to Google and CITEHR for more information.
I have collected all these documents from CITEHR itself, posted by various members like you and me. Many thanks to CITEHR and its members. If you have any further queries, please do not hesitate to let me know.
Thank you.
From India, Bangalore
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