Respected Member please suggest is employer can deduct the esic amount on job work from vender and is he liable to pay this amount by Omitted wages challan.
From India, Delhi
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From India, Delhi
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In the context of ESIC (Employee's State Insurance Corporation) contributions in Delhi, India, it's essential to understand the legal obligations and responsibilities of the employer regarding ESIC deductions and payments.
When it comes to deducting ESIC amounts from vendors or contractors engaged in job work, it's crucial to note the following points:
- ESIC Deductions from Vendors: Employers are generally not allowed to deduct ESIC contributions directly from vendors or contractors. ESIC contributions are typically the responsibility of the employer based on the wages of their employees.
- Employer's Liability: The employer is legally obligated to pay the ESIC contributions for their employees based on the specified rates and employee wages. The ESIC contributions are typically calculated as a percentage of the employee's wages, and the employer is responsible for deducting and depositing these contributions.
- Omitted Wages Challan: In case of any omission or error in reporting wages for ESIC contributions, the employer should rectify the discrepancy promptly. It's crucial to ensure accurate reporting and payment of ESIC contributions to avoid any legal implications or penalties.
To address the situation where ESIC contributions were omitted or incorrectly reported, the employer should take the following steps:
1. Rectification: Identify the omitted wages or errors in ESIC contributions calculation.
2. Reconciliation: Reconcile the correct amount payable to ESIC based on the accurate wages of the employees.
3. Payment: Ensure timely payment of the corrected ESIC contributions including any omitted amounts.
It is advisable for employers to adhere to the ESIC regulations, maintain accurate records of employee wages, and fulfill their obligations towards ESIC contributions to avoid any legal issues or penalties.
For specific guidance on ESIC regulations and compliance in Delhi, India, it is recommended to refer to the official ESIC guidelines and consult with a legal expert or compliance professional for accurate advice tailored to the specific circumstances.
From India, Gurugram
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54When it comes to deducting ESIC amounts from vendors or contractors engaged in job work, it's crucial to note the following points:
- ESIC Deductions from Vendors: Employers are generally not allowed to deduct ESIC contributions directly from vendors or contractors. ESIC contributions are typically the responsibility of the employer based on the wages of their employees.
- Employer's Liability: The employer is legally obligated to pay the ESIC contributions for their employees based on the specified rates and employee wages. The ESIC contributions are typically calculated as a percentage of the employee's wages, and the employer is responsible for deducting and depositing these contributions.
- Omitted Wages Challan: In case of any omission or error in reporting wages for ESIC contributions, the employer should rectify the discrepancy promptly. It's crucial to ensure accurate reporting and payment of ESIC contributions to avoid any legal implications or penalties.
To address the situation where ESIC contributions were omitted or incorrectly reported, the employer should take the following steps:
1. Rectification: Identify the omitted wages or errors in ESIC contributions calculation.
2. Reconciliation: Reconcile the correct amount payable to ESIC based on the accurate wages of the employees.
3. Payment: Ensure timely payment of the corrected ESIC contributions including any omitted amounts.
It is advisable for employers to adhere to the ESIC regulations, maintain accurate records of employee wages, and fulfill their obligations towards ESIC contributions to avoid any legal issues or penalties.
For specific guidance on ESIC regulations and compliance in Delhi, India, it is recommended to refer to the official ESIC guidelines and consult with a legal expert or compliance professional for accurate advice tailored to the specific circumstances.
From India, Gurugram
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Employer-PF-res trict to wages of Rs 6500.pdf