debasisroy
Dear Friend ...
I have opened my company's ESI , A/c ....
Can any one plz advice me the actual calculation of ESI deduction???
What are the allowances are exempted from ESI calculation ...
Thanks & Regards
Debasis Roy

From India, Bangalore
krishis14u
9

As regards ESI coverage , there is no exclusion for nomenclature. All allowances are includible for ESI purpose.
The nature of company's is not relevant.
And annual payout will exempted from ESI (Like, Diwali bonus, Attendance bonus, if LTA paid 2 yearly etc)
Drawing more than Rs. 15001/- are exempt from deduction of ESI.

From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.