Dear Friend ...
I have opened my company's ESI , A/c ....
Can any one plz advice me the actual calculation of ESI deduction???
What are the allowances are exempted from ESI calculation ...
Thanks & Regards
Debasis Roy
From India, Bangalore
I have opened my company's ESI , A/c ....
Can any one plz advice me the actual calculation of ESI deduction???
What are the allowances are exempted from ESI calculation ...
Thanks & Regards
Debasis Roy
From India, Bangalore
As regards ESI coverage , there is no exclusion for nomenclature. All allowances are includible for ESI purpose.
The nature of company's is not relevant.
And annual payout will exempted from ESI (Like, Diwali bonus, Attendance bonus, if LTA paid 2 yearly etc)
Drawing more than Rs. 15001/- are exempt from deduction of ESI.
From India, Madras
9The nature of company's is not relevant.
And annual payout will exempted from ESI (Like, Diwali bonus, Attendance bonus, if LTA paid 2 yearly etc)
Drawing more than Rs. 15001/- are exempt from deduction of ESI.
From India, Madras
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