We are paid salaries for sep-17 on 5500 and we should give arrears on that month of salary, how we can pay esic arrears in sep-17 we have increased the employee salary as minimum wages is 8600.
From India, Bangalore
1From India, Bangalore
Hi Sandeep,
As and when any increase in the wages/ remuneration is declared with retrospective effect, the liability towards payment of contribution accrues only in the month in which the decision is announced and no contribution is payable on the arrears pertaining to the period prior to the month of declaration/ announcement.
Thanks
Manish
From India, Bangalore
As and when any increase in the wages/ remuneration is declared with retrospective effect, the liability towards payment of contribution accrues only in the month in which the decision is announced and no contribution is payable on the arrears pertaining to the period prior to the month of declaration/ announcement.
Thanks
Manish
From India, Bangalore
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