Hi...all ESIC Max amount is 15000 , but my quire is if the employee getting his salary 20k including all the OT amounts . so how we pay to esic ?
attribution https://www.citehr.com/489148-paid-b...#ixzz2xugcupQa
From India, Hyderabad
3attribution https://www.citehr.com/489148-paid-b...#ixzz2xugcupQa
From India, Hyderabad
Dear Friend,
If the Gross Rate Salary of an employee is less than or equal to 15K, then he is eligible for the ESIC and the ESIC Contribution has to be deducted on Total Earning of that particular employee, regardless of his Total Earning exceeds the ESIC Limit.
We have to deduct the ESIC contribution on Total Earnings. The Total Earnings will consist of all the Allowances paid the Employee as mentioned in Salary Slip.
Santosh Bhuvad
From India, Ahmedabad
If the Gross Rate Salary of an employee is less than or equal to 15K, then he is eligible for the ESIC and the ESIC Contribution has to be deducted on Total Earning of that particular employee, regardless of his Total Earning exceeds the ESIC Limit.
We have to deduct the ESIC contribution on Total Earnings. The Total Earnings will consist of all the Allowances paid the Employee as mentioned in Salary Slip.
Santosh Bhuvad
From India, Ahmedabad
For Ex
Employee Basic is 9000
Hra is 3600
Other Allow is 2400
Total Gross 15000
But in the month of jan he did OT 3000 now his total earning in the particular month 18000 , now my ? is how much is deduct the mount and contribute?
coming to 15000 deduct is 262@EE and 712@ER but coming to 18000 how much we deduct ?
From India, Hyderabad
Employee Basic is 9000
Hra is 3600
Other Allow is 2400
Total Gross 15000
But in the month of jan he did OT 3000 now his total earning in the particular month 18000 , now my ? is how much is deduct the mount and contribute?
coming to 15000 deduct is 262@EE and 712@ER but coming to 18000 how much we deduct ?
From India, Hyderabad
ESI contribution is payable for OT wages also if his salary excluding OT is upto or less than Rs 15000/pm. Varghese Mathew
From India, Thiruvananthapuram
From India, Thiruvananthapuram
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