1. Whether ESI is applicable on Gross Salary or Basic Salary? But website of ESIC is not providing as such information. ESI SCHEME . I understand you didn’t make the contribution in full and created a challan for only a part of the contribution in a particular ESI month. There is nothing in law in this regard. Resident senior citizens with age above 60 years … DA 1542 insurance 33 monthly wage for the employees is not more than rs. Please exclude Employer PF contribution while calculating gross wage for ESI calculation. Please send your email to info@hinote.in. If the ESI wage goes above Rs 15,000 before the next contribution period, there will be no ESI deduction during the next contribution period. a. My In Hand salary is INR 14009.00 after deduction of esic and PF (Third Party Payroll), i want to know that whether 15000 or 21000. or Can you suggest any other option on using ESI Hospital. If you are out of the ESI net, you could consider taking insurance policies from public or private sector insurance companies to cover hospitalization expenses. I AM PAYING RS114 PER MONTH AS ESI FROM 16 MONTHS HOW MUCH BENIFIT WILL I GET.WHETHER I GET THE ESI AMOUNT OF PERIOD APRIL- SEPTEMBER 2015 OR WILL I GET THE AMOUNT SINCE FROM JOINING MONTH. ESI Payment For Wages Above Rs.15000/- P.m. Uninformed Leave Taken By An Employee On Account Of Birthday. Once the salary goes above Rs 15,000 an employee ceases (from the next half year) to be an ESI member. Avail Tax Exemption on LTA by Purchasing Goods and Services. As of now the limit is Rs 15,000 per month. If your gross ESI salary is Rs 15,800 per month, the ESI deduction should be discontinued with from Oct 2015. Would our Gross Salary be increased to compensate since we were not under the old ESI scheme. Your company should be enrolled with ESI for you to receive ESI benefits. The salary limit for ESI purpose is Rs.15000/-.Sir if there will be any change in this limit.This limit should increase to Rs.25000/-. Jan 2017 update: The ESI wage ceiling has been enhanced to Rs 21,000 with effect from 01-Jan-2017, please take a look at our blog post here. Do i have to pay on all 9 employees or only for 6 employees whose salary are below Rs.15000.00. If your ESI wages are above Rs 15,000 per month, there will be no ESI deduction from your salary. Please help. One news paper economic times reported on 23 November 2013 as-. There is nothing wrong in putting them under the rolls of the company if the Standing Orders or such other policy does not prohibit such engagement. All the employees of our Firm are covered by Health Insurance By New India Assurance and Accident Policy also from New India Assurance. ESI should be calculated on gross pay and not on net (on-hand) pay. If a person’s taxable income is Rs. Should we deduct and pay employee / employer contribution with respect to an insured person if the member leaves in the middle of the contribution period. Tax applicable for individuals over 60 years and under 80 years. What do you mean by “Deputation Allowance” ? Can a Factory/Establishment Once Covered Under the ESI Scheme Choose Not be Covered If the Number of its Employees Reduce Below the Prescribed Limit? I recently joined a company. 10,00,000 : 20%: 20%: Above Rs. Should we still required to be registered under ESI Scheme. 2.What happened to the 3 months ESI which was not deducted? Alex As Your 1st Firm Have Only 10 Employees Pf Is Not Applicable As Of … Suppose an employee whose salary is Rs. Can you please rephrase it? With effect from 1 January 2017, the wage limit of an employee is set at Rs.21,000 per month for him/her to come under the coverage of the ESI scheme. This criteria applies under Section 2 (12) of the Act. The credit will be paid to the person whose return is assessed first. You can create another challan for the remaining amount and make the payment. 1. I just wanted to know because of my father’s treatment he is about 58, my basic salary is 10000 and total gross is 20500. Suddenly the management stop our esi benefits. 1. As I asked to unroll my name from ESI deduction, I got the answer – ” your gross is not above 21000 so you will be covered under ESI”. just a fixed in hand and incentives as and when they deemed fit. Contribution Period and Benefit Period Salary cap raised for availing ESI benefits 3 min read. The ESI Act, which has replaced the Workmen's Compensation Whether an employee earning more than the wage ceiling stipulated under the Employees' State Insurance Act, 1948 is eligible to claim compensation under Employee's Compensation Act? (Kindly let me know all the benefits a normal employee should Enjoy, while serving a company and after retirement, also how many paid leaves and sick leaves are allowed per month/yearly) Also let me know what are the working hours criteria as i am working 12 hours here. 1. While ESI for April month only has been deducted, will those staff (who had come out of eligibility slab after increments) be eligible for ESI benefits even if there is no contribution towards ESI for remaining months in the half period?! so whether my employer deduct income tax on my gross monthly salary on every month or will deduct total tax on gross salary at the end of the FY 2015-16. NS Viswanathan. please reply. Once the employee resigns, the employee’s projected annual salary should be restricted to his last date of service (and not until the end of the year). 5,00,000 then they will be able to avail tax rebate of Rs. We will be able to answer this only if we get to know the break-up of your CTC / Gross Salary. Dear Neha, After retirement if the person works with principal employer then PF & ESI deduction is depends on terms & conditions of the employment. Consider he is getting 15000/pm through out an year. Area allowance - given to employees living in a particular area to meet the high cost of living in that area. Will he be able to get ESI deduction in next contribution period? 12,500 under section 87A.The tax rebate is allowed for both the FY (2019 – 2020) & (2020 – 2021). cz according to me they have to done the increment on my take home salary which i was getting before deduction of esic. Your PT deduction depends on your work location. HRA- 5300 Dear Sir, Please let me know whether ESIC is applicable on Annual Bonus to staff who is in Esic bracket. If an amount is specified as part of CTC, it should be paid to you under some or other head. This chapter describes the Edge Side Includes (ESI) tags provided for content assembly of dynamic fragments. You need to consider taking an insurance coverage yourself. Starting January and there was no such deductions until January. You can check the ESI department website or the ESI compliance manager in your company on this. Yes, the employee is eligible to be covered under both PF and ESI. Updated: 21 Sep 2013, 01:41 PM IST Prashant K. Nanda. Commissioned workers and laborers not applicable to the Labor Standard Act are the targets of voluntary contribution in the new labor pension system. Hi sir. My Gross salary for a month is INR 16555.00 I an unable to fully comprehend your question. But from Dec’2014 my salary has been revised to approx 16850rs gross. Because this employees are eligible with effect from Jan 2017. Assessment Year 2020-21. We can answer this question only if we get to know the break-up of your gross pay. or they are not eligible after immediate stoppage of deduction ? Your organization should be able to give you the breakup of the deduction amount. The logic is that since salary for ESI coverage limit is Rs 15,000 per month, there is no need to calculate ESI on any amount above Rs 15,000. You can’t opt out of ESI in the middle of a 6 month period. Our company currently outside from esic area but from August 16 to applicability of esic. (That is the reason i asked you the deductions). Kindly give the details for ESI exemption of employee’s salary components. So whether my company doing right or wring? My gross salary is 18750 and my in hand is 15055. Dear Sir, At present, ESIC is providing medical security to more than 2.5 crores of employees in India. Hi I am started working with one startup company. This chapter contains these topics: Overview of ESI. In our company’s salary structure, PF amount (employer contribution) is included in Gross salary , so while considering the limit of 15000 gross for ESIC deduction, do we need to consider Gross including PF amount or should be excluding PF amount. Increments for our staff have been effected from April but paid only in June as arrears. 21,000 from which date.Either with effect from Oct’2016 or Jan’ 2017. I am working as HR officer in private organization. If, however, TDS is deposited in a subsequent year, it will be deducted in that year: No amendment. 2. Medical Benefit extended to dependent minor brother/sister in case of Insured Person not having his own family and his parents are not alive. It has not been increased to Rs 25,000 per month. A decision to raise the salary ceiling was taken at a meeting of the corporation chaired by labour and employment minister Sis Ram Ola last Thursday. 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