nanu1953
336

Dear Vishnu Kumar,

Your ESIC Gross is 10,000 + 3000 = 13,000/- per month. Accordingly the employee's contribution and employer's contribution will be deducted.

Thanks and regard

S K Bandyopadhyay
CEO-USD HR Solutions
+91 98310 81531

USD HR Solutions – To Strive towards excellence with effort and integrity

From India, New Delhi
neh-kap
Dear Vishnu,

If the Basic Salary is below 21000 the ESIC Contributions will be applicable, which are as following :

Employee's Contribution : 10,000*.75% = 75

Employer's Contribution : 10,000*3.25% = 325

Total ESIC Contribution = 325+75 = 400

Warm Regards, Neha Kapoor

From India, Kanpur
neh-kap
Dear Vishnu,

Please include incentive if it is a monthly feature. Any allowance which is paid on a monthly basis will be added to the basic for calculating ESIC Gross.

For example :

What all can be accounted for ESIC Gross Salary :

Basic + HRA + Allowances + Monthly Bonus + Monthly Reimbursements

Any amount which is paid on yearly basis will not be included in ESIC Gross Salary.

Warm Regards, Neha Kapoor

From India, Kanpur
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