From the gross salary, you can exclude travelling/ conveyance allowance paid. Similarly, if the employees are issued uniform, then washing allowance shall also be excluded from the salary. That does not mean that you can pay a very less amount as basic salary and keep the majority amount as washing allowance or travelling allowance.
From India, Kannur
From India, Kannur
traveling allownce will be exlude in pf also or not as my new joinee is having 24405 as gross
12870 basic+da
6435 hra
5100 as other allownces he wants to be in Esic benefit please guide and traveling allownce amt can be given along with take home amt that is coming after pf deduction
From India, Lucknow
12870 basic+da
6435 hra
5100 as other allownces he wants to be in Esic benefit please guide and traveling allownce amt can be given along with take home amt that is coming after pf deduction
From India, Lucknow
For deciding whther an employee is within ESI or not, his gross salary (without travelling allowance and washing allowance) should be taken. In this case since it is above Rs 21000, the employee cannot be covered.
For deciding PF qualifying salary also travelling allowance is excluded. For PF, you can also exclude HRA. The threshold limit is Rs 15000 for PF.
From India, Kannur
For deciding PF qualifying salary also travelling allowance is excluded. For PF, you can also exclude HRA. The threshold limit is Rs 15000 for PF.
From India, Kannur
24405 as gross 12870 basic+da 6435 hra 5100 (travelling allowance and washing allowance) this can be given or not or any limit for both the allownces
From India, Lucknow
From India, Lucknow
for the medical policy for non esic employee is there any limit of amt and who will bear thw cost of policy or that will be part of ctc or not
From India, Lucknow
From India, Lucknow
24405 as gross 12870 basic+da 6435 hra 5100 (travelling allowance and washing allowance) this can be given or not or any limit for both the allownces
From India, Lucknow
From India, Lucknow
Still the gross salary is more than Rs 21000. He cannot be put under ESI. As already pointed out, the only allowances which can be excluded from the gross salary for coverage are washing allowance and traveling allowance. That also will depend upon certain reasoning. You cannot have a travelling allowance which is un reasonable. Similarly, you can only put a reasonable amount as washing allowance and that also only when you issue uniforms to the employees.
From India, Kannur
From India, Kannur
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