Hello Dear Senior Partners, I would like to know if ESIC is applicable for employees who are over the age of 21 and have a gross salary under 21K. I request your suggestions on this matter, and your input will be highly appreciated.
Thanks & Regards,
Arun Lokhande
From India, Mumbai
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Thanks & Regards,
Arun Lokhande
From India, Mumbai
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Dear Arun Lokhande As per your questions. Answer Yes under 21k Salary per month gross ESIC is applicable
From India, Yamunanagar
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1From India, Yamunanagar
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I think by overaged employees, you mean employees aged more than 58 or 60. For coverage of ESI, age is not a factor, and as long as their earnings are within the threshold limit of Rs 21,000, they should be covered.
From India, Kannur
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From India, Kannur
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Under both EPF and ESI, contribution is not restricted by age, and you can continue contributing to EPF and ESI even when the employee's age crosses 58. In the case of EPF, the employer's contribution towards the Pension Fund shall be diverted towards EPF with a 12% contribution to it, as opposed to 8.33% to the Pension Fund and the remaining 3.67% to EPF.
From India, Kannur
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From India, Kannur
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Employee Salary file - India 2016 AB.xls
ESIC HANDICAPED EMPLOYEE REGISTRATION-23 0311PhyHEmp.pdf