Hi,
can any one help me with below issue.
One of our employee got revision based on his current CTC from July 12 onwards. His earlier salary was Rs.14500/- ( Was covered Under ESI) got revision Rs.16000/- (Covered under ESI till September 30).
From October onwards he will not be covered under ESI as he will be covered some employers insurance. My Question is,
" As the employee contribution of ESI will be added to employee take home.Can we add the employer contribution of ESI to employee salary?"
Regards
Praveen Devadiga
From India, Bangalore
13can any one help me with below issue.
One of our employee got revision based on his current CTC from July 12 onwards. His earlier salary was Rs.14500/- ( Was covered Under ESI) got revision Rs.16000/- (Covered under ESI till September 30).
From October onwards he will not be covered under ESI as he will be covered some employers insurance. My Question is,
" As the employee contribution of ESI will be added to employee take home.Can we add the employer contribution of ESI to employee salary?"
Regards
Praveen Devadiga
From India, Bangalore
HI,
Since it is a CTC concept, the ESI employer contribution would be part of his CTC of Rs16000/- I guess if this is the case, you can add the same to the other allowance part and pay.
But make sure his Gross salary remains above 15000/- to avoid ESI deduction
Thanks & Regards,
Guru
From India, Madras
Since it is a CTC concept, the ESI employer contribution would be part of his CTC of Rs16000/- I guess if this is the case, you can add the same to the other allowance part and pay.
But make sure his Gross salary remains above 15000/- to avoid ESI deduction
Thanks & Regards,
Guru
From India, Madras
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BM-Sept. issue highlight.zip
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