ESI
Dear co-professionals,
When it comes to ESI ceiling of Rs.10000/-, is a salary of Rs.9500/- and a Sodexho coupons of Rs.1000/- denomination, beyong this ceiling??????
Awaiting your comments
Thanks
V Chithranath
9840367514
From India, Madras
Dear co-professionals,
When it comes to ESI ceiling of Rs.10000/-, is a salary of Rs.9500/- and a Sodexho coupons of Rs.1000/- denomination, beyong this ceiling??????
Awaiting your comments
Thanks
V Chithranath
9840367514
From India, Madras
what is the purpose of clubbing ESI which is a statutory requirement and Sodexho which is a benefit?
From India, Madras
From India, Madras
Dear Friend
Sodexho passes are not cash and are not redeemed by the employer. Therefore they will not be treated as a component of wages for ESI eligibility purpose.
Pl. see the definition of Wages under the ESI Act : Section 2 (22) : which says " Wages means all remuneration paid or payable in cash to an employee ------- "
Mohan
From India
3Sodexho passes are not cash and are not redeemed by the employer. Therefore they will not be treated as a component of wages for ESI eligibility purpose.
Pl. see the definition of Wages under the ESI Act : Section 2 (22) : which says " Wages means all remuneration paid or payable in cash to an employee ------- "
Mohan
From India
Sodexho lunch coupons will be regarded as part of salary for the purpose of arriving at the gross salary. It will be regarded as 'additional remuneration made at intervals not exceeding two months'. This can be viewed as 'food allowance' and like HRA, Night shift allowance, Heat and dust allowance, the value of sodexho coupons can be added up to arrive at the gross salary.
Regards,
Madhu.T.K
From India, Kannur
Regards,
Madhu.T.K
From India, Kannur
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ESI CEILING REVISED.jpg
Notification Regarding enhancement of Wage ceiling for ESI w.e.f. 01st May 2010.pdf
ESI NOTIFICATION CEILING LIMIT 10000 TO 15000 w.e.f.1-05-2010 .doc