We have Annual Maintenance Contract in a Central Government Company and this company insist for ESIC Policy as well as W. C. Policy, hence, I have following query for ESIC V/S WC Policy Act:
01. If some employees has more than Rs.15000/= wage on fixed salary/month basis and he draws during this month less than Rs.15000/= but above Rs.6500/=, shall we have to deduct the ESIC Premium of 1.75% of his and deposit 4.75% of ours?
02. If Fixed monthly salary is more than Rs.15000/= then Employee required W. C. Policy as he/she not covered under ESIC ACT AND MAY DRAW LESS THAN RS. 15000/= in some months of a year?:
03. For Central Government Company, we have deployed X number of Employees for Annual Maintenance Contract, then we have to take ESIC AND W. C. Policy both for X number or some separate numbers like Y for ESIC ACT and Z for WC Policy (X = Y + Z)shall be availed or not.
04. Shall it be recommended to take W. C. Policy for exempted Employee for ESIC Act?
From India, Visakhapatnam
01. If some employees has more than Rs.15000/= wage on fixed salary/month basis and he draws during this month less than Rs.15000/= but above Rs.6500/=, shall we have to deduct the ESIC Premium of 1.75% of his and deposit 4.75% of ours?
02. If Fixed monthly salary is more than Rs.15000/= then Employee required W. C. Policy as he/she not covered under ESIC ACT AND MAY DRAW LESS THAN RS. 15000/= in some months of a year?:
03. For Central Government Company, we have deployed X number of Employees for Annual Maintenance Contract, then we have to take ESIC AND W. C. Policy both for X number or some separate numbers like Y for ESIC ACT and Z for WC Policy (X = Y + Z)shall be availed or not.
04. Shall it be recommended to take W. C. Policy for exempted Employee for ESIC Act?
From India, Visakhapatnam
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ESIC Act 1948 .Doc
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