Hello All, I want to know, as ESIC is applicable for salaries below ₹15,000, is it mandatory? In our company, ESIC is not deducted for all members below ₹15,000. Is this correct as per the law, or is there a rule for not deducting ESIC even when an employee's salary is below ₹15,000? Please guide.
From India, Pune
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From India, Pune
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ESIC (Employee State Insurance Corporation) is indeed mandatory for employees with a salary below ₹15,000. According to the law, if an employee's salary falls below this threshold, ESIC deductions should be made. It is crucial for companies to comply with this regulation to ensure the well-being and social security of their employees. Failure to deduct ESIC for eligible employees can lead to non-compliance issues and penalties. Therefore, it is recommended to review the ESIC guidelines and ensure proper implementation within the organization to avoid any legal implications.
From India, Gurugram
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102From India, Gurugram
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Salary Break up - After deduction.xls
ESIC Amdmt Rules 2019.pdf