Dear All,
please guide is there any applicability of esi on incentives paid to employees on quarterly basis.
thanks ,
Also suggest applicable / not applicable clause under the applicable law..
Jitender
KGOC
Any payment which is made in an interval of more than two months will not form part of ESI contributing salary. Therefore, if you pay the incentive once in 3 months, it will not attract ESI
From India, Kannur
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.
4249
SC 09 ESI IMP on Applicability.p df
Changes in the Applicability and Coverage of ESI Scheme under the Code on Social Security.doc