Dear Sir, I hAVE one Dought Regarding ESI Contrubation ,one EMPLOYEE salary 9500 in Jan , in March HIS sALARY hike to 11000 . in that case what will do, Thanks ANNNA
From India, Bangalore
From India, Bangalore
Hi Anna
as my knowledge ESI contribution of employer is 4.75% and employee contribution is 1.75% up to 10000/- Rs. So in January he is eligible for esi contribution and he got hike in march he is not covered under esi and let us know our friends views.
Thanking you
yours
sree
From India, Pune
1as my knowledge ESI contribution of employer is 4.75% and employee contribution is 1.75% up to 10000/- Rs. So in January he is eligible for esi contribution and he got hike in march he is not covered under esi and let us know our friends views.
Thanking you
yours
sree
From India, Pune
Dear Sri & Anna,
It is not like that.. There are contribution period and beneficial period in ESI. So if some one is eligible for ESI, he / she should pay the ESI contribution, even if he/she got hike in the contribution period upto the completion of the same.
For example,
If A's salary is 7500 in the month of February and he gets hike i.e., 12500 in the month of March. Though he is not eligible for the ESI, he suppose to pay for the whole contribution period as celing of 10000.
This is correct to my knowledge.
Let us see others view also.
From India, Madras
It is not like that.. There are contribution period and beneficial period in ESI. So if some one is eligible for ESI, he / she should pay the ESI contribution, even if he/she got hike in the contribution period upto the completion of the same.
For example,
If A's salary is 7500 in the month of February and he gets hike i.e., 12500 in the month of March. Though he is not eligible for the ESI, he suppose to pay for the whole contribution period as celing of 10000.
This is correct to my knowledge.
Let us see others view also.
From India, Madras
Hi
ESI contribution period is April to Sep & Oct to Mar if any body salary is revised in between the contribution period then he has to continue the same contribution till the contrib .. period completes.
In ;your case employee has to pay esi and employer has to contrib upto Mar end.
Snjv.nair
From India
ESI contribution period is April to Sep & Oct to Mar if any body salary is revised in between the contribution period then he has to continue the same contribution till the contrib .. period completes.
In ;your case employee has to pay esi and employer has to contrib upto Mar end.
Snjv.nair
From India
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Wage increase in between the contribution period.JPG
Further Relaxation For Employers On Filing Of ESI Contribution For The Period October 2019 To Ma.pdf