Dear Senior
I have learned that Incentives are not comes under ESI preview
My company distributing incentives end of the avery month and deducting ESI from them is it a correct practice??
please advice me
From India, Calicut
I have learned that Incentives are not comes under ESI preview
My company distributing incentives end of the avery month and deducting ESI from them is it a correct practice??
please advice me
From India, Calicut
Any incentive shown in payslip in every month are covered for ESI deductions.
(22) “wages” means all remuneration paid or payable in cash to an employee, if the terms of the contract of employment, express or implied, were fulfilled and includes 22[any payment to an employee in respect of any period of authorised leave, lock-out, strike which is not illegal or lay-off and] other additional remuneration, if any, 23[paid at intervals not exceeding two months
From India, Pune
(22) “wages” means all remuneration paid or payable in cash to an employee, if the terms of the contract of employment, express or implied, were fulfilled and includes 22[any payment to an employee in respect of any period of authorised leave, lock-out, strike which is not illegal or lay-off and] other additional remuneration, if any, 23[paid at intervals not exceeding two months
From India, Pune
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.