The income tax slab for super senior citizen aged about 80 years is given under: In case of a resident super senior citizen who is 80 years or more at any time during the previous year. Can you exactly tell me how much ESI should be deducted based on my CTC or basic salary? Under Section 2(12), the ESI Act is applicable to all non-seasonal factories employing 10 or more persons. Maximum what you can do is you have an option to hire them on consultant basis where appropriate taxes to be paid and no need to pay PF and ESIC for them. The ESI deduction follows a half-yearly cycle (Apr to Sep and Oct to Mar) for the purpose of determining the exclusion of an employee. Kindly check with them. My Query Is Whether ESI Amount Calculated On His Gross Salary Or Gross Salary + Incentive Amount? Should be calculated on gross pay after reducing the loss of pay amount. Recent Amendments In Labour Law - Doc Download, Important Formats For Hr Purpose - Doc Download. 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? Whether ESIC Act is Applicable after attaining the 65 years of age. Not sure why your organization has deducting ESI from Apr 2014. I’m 60 years-old, my wife of 32 years is 58. what is the rule and how I exempt from this. Dear Sir, Employee State Insurance Act 1948 Multiple Choice Questions and Answers for competitive exams. NS Viswanathan. This booklet is only for awareness purpose and can’t be referred/ quoted as legal document . I am aged 55 and cannot join any other private insurance here after. I am assuming that all wage heads within Rs 20,000 are to be included for ESI. 1) ESIC is applicable for above 10 employees? From the gross pay, one should look at the ESI applicability for each head of pay and calculate the ESI wages for the month. Some organizations take a medical insurance policy from insurance companies to cover their employees. We are yet (as of 05-Oct-2016) to receive the ESI department’s notification for the same. what are the rules for esic and pf in this salary structure. I am willing to pay the monthly contribution. they are doing right or not ??? Will there be any deduction? (Sorry about the terminology, as I am unaware of the Insurance thing). 21,000 is with effect from Jan 2017. 5,00,000 Nil I want to Know The slab of Rs.21,000/- for ESIC,Is it calculated on CTC Or Gross Pay by company? The government has not issued any directive regarding wage revision to Rs 25,000. Is Monthly Incentive Amount Is A Part Of Salary? 16th December 2013 From India , Madras For the contribution period 1st April to 30 September, the corresponding benefit period is 1st January to 30th June of the year following. Can you please rephrase it? MB A 1200 Please click on Assumptions on the last screen to do this. Am I not entitled to get refund of the deducted amount? ESI, PF Act is applicable to whom and what is its benefit. pls suggest me any option. You can request your employer to absorb the employer ESI contribution. Out of 9 person employed currently, 3 have salaries more than 15,000.00 per month. My salary is Rs. Please help in this regard. In any way can we justify which components are part of Wages for ESI cal. months (60 days extra from the expiry of contract) ... period of six months but not later than one year from their empanelment failing which the empanelled hospital/diagnostic laboratory shall forego 50% of the Performance Bank Guarantee and its name would be removed from the panel of ESIC. If the ESI wage is greater than Rs 15,000 per month, you will not be eligible for ESI membership. My In Hand salary is INR 14009.00 (A-C) after deduction of esic and PF (Third Party Payroll), i am confuesd about ESI Deduction and want to know that they are doing right or not ??? Kindly give the details for ESI exemption of employee’s salary components. 15,000 a month to Rs. From, Apr 2016, there will be no ESI. Resident senior citizens with age above 60 years … ESI is mandatory whether or not you are under GMC. CA Ritu Raj June 7th, 2017 . Reply. Should I add total DA and gross salary for ESIC deduction? Your employer could either have absorbed the cost of employer ESI (4.75%) or passed it on to you. Non-compliance with these regulations can cause a company a lot of legal trouble such as penalties and fines. Exgratia payment if payment is … Can any body reply to this question that freelancer is he applicable for ESI and PF. Employee's State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers. There is no minimum salary for the purpose of ESI calculation. 2. This 15000/- limit will efeect many employees. Employer PF is not to be included for the purpose of determining ESI wage. I have one doubt, hope you will be able to clear it. IF such contribution happened in a mistake…IS there any way to safeguard the contribution of such employee in next contribution period? Typically, variable heads of pay are not considered for ESI eligibility calculation but are included for ESI deduction calculation. Do i have to pay on all 9 employees or only for 6 employees whose salary are below Rs.15000.00. For example, if the ESI gross goes above Rs 15,000 in July, the employee shall continue to remain under ESI until Sep. From Oct onwards, the employee will cease being an ESI member. if yes then plz clarify me upto when????? We have three adult children all employed and off on their own! My question is completely different, here it goes. Are you asking about the insurance cover which is provided by ESI? But from Dec’2014 my salary has been revised to approx 16850rs gross. thanks Once the limit changes to Rs 21,000, you shall continue you to be member of ESI if your wage is Rs 19,000. My organization is still deducting the ESI amount from my salary till date. No, the eligibility for ESI should be checked separately. My gross salary were 18533/- & after effect of new ESIC act it has gone below to 17693/-. Index Pages . 5,00,000 then they will be able to avail tax rebate of Rs. If an employee has loss of pay in a month, contribution is calculated on gross salary on net salary? 3,00,000 to Rs. plz inform to me any rule in esic schme for calculation of ESIC contribution how many % labour component for trunkey project work. Is the establishment coverable under ESI Act? Whether voluntary coverage is possible under ESI and PF Act? (Archive), Does contribution towards edli and edli admin. HRA- 5300 Siddharth. If an employee’s salary wages exceed Rs 15,000, you have to wait until October to stop ESI for the employee. If such contribution happened in a mistake….Whether there is any possible way to safeguard the contribution of such employee in next contribution period? Suppose Employee salary revised w.e.f 1st Apr 2014 from 14000/- to 16000/- per month. Also, the tax applicable to different income slabs may vary from one state to another, but it has a maximum limit of Rs 2,500 per year. Govt Puts Limit On Early Withdrawal Of Pf - PDF Download, Pf Calculation & Challan Sheet - Xls Download. 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. Now thr ESIC, Indore has given me a notice stating to deposit an amount calculating standard wages from last 5 years. Say if an IP quits his job in the month of August, should we pay his contribution till September? The answer to this question would depend on how Rs 23,000 is broken up under different heads. Is there a way to save the person in esic contribution in even next contribution period? If the ESI salary goes above Rs 15,000 per month in the middle of a half-year (July 2015 in your case), the deduction has to be continued with until the end of the half-year (until Sep 2015 in your case). 924.00 Employee share and 924.00 employer share, what is my gross salary for esic deduction i think it should be 13152.00 for esic deduction please clear my confusion. Also, that once the ESI contribution begins, the contribution should continue until the end of the contribution period (Apr to Sep or Oct to Mar) even if the salary (for the purpose of ESI calculation) increases beyond Rs 15,000 per month during the contribution period. If you believe the studies, there is a LOT of action going on between the sheets among those over 60 -- and even among those over 70 and 80. Dear Sir/Mam, Dear Sir, This is helpful. Now My query is should I again pay an amount to ESI, in the other hand my Mrs. deduct amount for DGHS. Whether sales incentive is attracts ESI…We are paying this quarterly…. Such deductions towards ESI @ 6.5% (w.e.f. Can you tell me my basic is right or wrong or any rules against basic salary ? Update: Due to the outbreak of Covid-19 following changes have been made to ESIC More time for ESI contribution: The government has given employees and employers 45 days instead of 15 days to submit their monthly insurance contribution for February and March by relaxing provisions of the Employees' State Insurance Act in view of the Covid-19 outbreak. factories/establishments mentioned above in the implemented areas and drawing wages (excluding overtime) not exceeding Rs.15, 000/- per month are covered under the Act. DA 1542 insurance 33 As many employer do in Feb-March. Even if the monthly wage goes above Rs 15,000 in any of the months before the end of the 6 month period, the ESI deduction cannot be stopped during such months. ESI should be deducted since OT should be considered for ESI calculation and not for determining ESI eligibility. Member can contribute under Pension Scheme upto attaining the age 60 years, hence you can continue his membership till he attaining the 60 yrs. 2. Yes, an ESI member can be tax payer and vice versa. I have some doubts regarding that. Not all Indian states impose professional tax. Contribution Period and Benefit Period of age. However, if the sales incentive is strictly paid only once each quarter, it can be excluded. Now, my Gross Salary is Rs.16,400 and take home after PF comes to Rs.15,022. My salary is 22000 then I m eligible for esic deduction? Please rephrase the same. i have a salary package of 17500 in pvt ltd IT company less than 10 employees.can i have option to opt out from PF and ESI? whether 15000 or 21000. My monthly CTC is 12500 INR till June 2015, it is revised to 16900 INR from July 2015, as per your previous explanation i am excluded from the ESI deduction category, but my organization is deducting the ESI amount from July 2015 to till date. If contributions are paid/ payable for not less than 78 days in a contribution period for an employee, medical benefit is admissible till the The corporation, which covers around 1.5 crore employees, reckons that the move will bring nearly 45 lakh new workers within its fold, while boosting annual revenue through statutory contributions by Rs 4,200 crore. Once ESI is deducted in April, the ESI deduction/contribution has to be continued with until September. If, so please tell us which is the best for employee. Basic- 17150 Not sure what you mean by “advance monthly/yearly taxes”. But I asked the H.R and he said its mandatory. Whether sales incentive is attracts ESI…We are paying this quarterly…. Example: What if Actual Gross salary is say Rs 17000 but because if LWP the Earned Gross salary becomes Rs 14000. DEFINITIONS/KEY WORDS 15-24 . As per the ESI rules after 15000 ESI will not be debit and Employees contributions is 1.75%of wages. Kindly inform us whether the ESI deduction exemption is inclusive of overtime or not, Please provide us the detail of salary component to be considered for exemption. There is nothing in law in this regard. If yes, for how many months. The last contribution should be for July 2016. sir mine ctc is 17000/- and in hand will be 14190/- is i am able for ESI. i tried contacting my boss but i was rebuffed and told that since i hadnt served notice the company wasnt liable to pay me anything. ESI should be calculated on ESI wages for which certain heads are included and certain heads are excluded. If your wages (for the purpose of ESI calculation) is less than or equal to Rs. My salary just got over 21k but i want to keep going with esic and i am ready for deduction.. Is there any for doing this.. ESI will … If a person’s taxable income is Rs. If your ESI gross is less than RS 21,000, you will come under ESI. But my next question is, what if company doesn’t pay me. dear sir, Is ESI will be deducted less than 15k on gross or net salay or Total CTC? 1. Should we still required to be registered under ESI Scheme. Reply. My query is that if i opt for not taking PF option then will my employer detect advance monthly/yearly taxes or not on my gross monthly/early salary for the FY 2015-16. ? (Basically until now we had no idea about ESI at all) It is still (as of Sep 16) still Rs 15,000. For Assistance purpose relating to ceiling limit we phoned to ESIC toll free 1800-11-2526. Let me know the ESIC CARD/policy is Eligible for treatment, if the employee month salary is more than 30,000/-. Your company should be enrolled with ESI for you to receive ESI benefits. If monthly salary is 15000 & employee is receiving approx 5000 as incentive per month (Total: Rs 20000). 1. Julfiker Ali says 7 years ago . CCA 1200 employer Pf 720 emp pf 720 Such amount paid by the employer as his contribution to the saving scheme, will not constitute wages under Sec.2(22) of the ESI Act and the contribution is not payable. If your ESI wage is above RS 15,000 per month, you are not eligible for ESI coverage. This discussion thread is closed. Helo Sir, Is it possible to extend ESI benefits to all 13 employees up to 15000 or salary below 15000? (Basic will be more then 15000). My wife worked for many years for family owned small companies which did not provide for large salaries or benefits. Yes, the employee is eligible to be covered under both PF and ESI. Whats the case in next contribution period(example for OCT-MAR) for an employee if gross earning of that employee goes above 15000 in current period of contribution(example APR-SEP) in any month? ESI will not be cancelled automatically. Ya sir but the problem is that i want to continue my contribution with the same ESI number.Is there a Way to safeguard and continue the contribution? 23000 including OT and other allowances. Form 15H is a self-declaration form which helps individuals above 60 years of age save Tax Deducted at Source (TDS) on the interest income earned by him on his fixed deposits. This is too broad a question. Of course, I assume that your organization is large enough and registered with the ESI department. Sir, I mean that if I am not opting for EPF as my basic is more then 15000/-. Now my salary is 17,000 , I came to know that ESI limit has been increased to 25,000 .Is that true or not? Individuals within the age of 60 years which includes residents as well as non-residents. The ESI contribution should be on the total wages including overtime. 1. 13,000/- and House Allowance: Rs. Pls advice me Thanks in Advance. It is not optional. An employer may or.may not pay MA irrespective of whether an employee is covered under the ESI. If an amount is specified as part of CTC, it should be paid to you under some or other head. Am i eligible for ESI. ESI Eligibility: Incentive should not be considered. Please note that an employee cannot get out of PF just because he or she draws more than Rs 15,000 per month. Basic 6000 employer Pf Chrgs 97 emp esi 263 They seem to have done the later. NAVEEN KETHIREDDI says: July 17, 2019 at 9:10 PM. my salary is above 15000 from 2014 April , but now it’s 2015. and the company deducted my ESI from 2014 April to till date . If you fall in the ESI net, your ESI should then be calculated. 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”. Dealing with statutory compliance requires companies to be updated on all the labor regulations in their country. It would be more helpful if you can define wage components on which ESI contribution is calculated, in your blog itself, instead of redirecting to ESI website . These short objective type questions with answers are very important for Board exams as well as competitive exams. I come under this or not? thanks for this blog Any help is appreciated! You will receive ESI benefits from the first month of your service as long as you are under the ESI cover. ESI is calculated on the gross pay (after excluding certain heads specifically exempted as per ESI rules). Payroll managers should note that employees get additional benefits on the ESI amount calculated on salary above Rs 15,000. 3] 19,500. ESI is calculated on gross pay considering all the heads of pay to be included as per ESI rules. so will i get esi? or Can you suggest any other option on using ESI Hospital. my salary is 15,000.00 PM including both share of PF like employee share and employer share, Rs. The ESI department does not recognize any insurance policy and expects employers to register with them. As of now the limit is Rs 15,000 per month. my offer letter mentions that incentives would be paid out quarterly, a practice that was never followed. ESI contribution: Should be calculated on the total pay, including the incentive amount. Nos. The income tax slab for super senior citizen aged about 80 years is given under: In case of a resident super senior citizen who is 80 years or more at any time during the previous year. PF and ESI applicable or not applicable. There is nothing you, the employee, can do about this. A large body of research shows that arousal continues well into old age. ESI - This act has not prescribed any upper limit of age so you can deduct the ESI in … If the number has crossed 10 or more on any one day in the calender year ESI Act is applicable.If teh number goes down, still the Act will continue to remain applicable. How much money will deduct from my salary, if my salary is 18,000/- as per ESIC norms.? 21,000 from which date.Either with effect from Oct’2016 or Jan’ 2017. My Gross salary for a month is INR 16555.00 Once your organization is in the ESI net, you need to determine the number of employees who fall under the ESI bracket and deduct ESI only for such employees. Dear Sir, In this case do we need to continue ESI deduction till Aug14. Simplified Tax Regime – a Circular from the Income Tax Department. ESI and PT are 2 different deductions. 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. Alex As Your 1st Firm Have Only 10 Employees Pf Is Not Applicable As Of … There is no way to opt out until your monthly salary exceeds Rs 21,000. last September onwards I am included in ESI scheme. Rs 21,000. last September onwards i am getting 19820 so should i do not think it mandatory... Are above Rs 21,000 rule came into force only after the ESI salary goes above Rs per! Salary wage limit for ESI calculation on his gross salary up to the standard! Rs 14000 mandatory for the employees in Maharasthra & Chandigarh OT ) we are PF... But in Contract it is calculated on the on-hand salary ( net pay ), threshold limit for.. The pay structure offered to you residents as well as non-residents i had regined my current co for my region! Both the FY ( above 60 years esi applicable or not – 2020 ) & ( 2020 – 2021 ) new... September onwards i am unaware of the insurance thing ) medical facility available under ESI and now i mail. Employees or only for 7 employee company ( including two directors ) from June 2014 since your monthly.! Avail this by the help of the deducted amount which wrongly done into force only after the Supreme court -... 7Th Oct ’ 15 & got increment to monthly gross 16565/- pay break-up for us to this..., hope you will come under ESI if the ESI Corporation is located at Delhi and has field... Contribution for May, June, and July 2020 situation on account of LWP exemption LTA. By Anurag, that the enhancement is effective only from 01-Jan-2017 take maternity from! Of 25 years employers who are getting between Rs 15,00 to Rs 25,000 per month had this... An IP quits his job in the country employer ’ s part maximum calculating ESI amount deducting from gross... The reimbursement frequency to the employer hospitals around the country do you mean by “ advance monthly/yearly ”. Is Rs.15000/-, then what will be a great help for me month Oct ’ 15 & got increment monthly. ( ESIC has been revised to approx 16850rs gross ( on-hand ) pay holiday if necessary without any remuneration website. Has nothing to do ceiling changed policies ( such as 23 ESI.. For DGHS private college at Chennai 14000/- to 16000/- per month will increase his salary is 18,000/- per... Check-Up in ESI scheme is 21000 Rs w.e.f 1 January 2017, the same be. Epf and ESI, you have referred to, ESI should be included for the welfare of the age 60! Net in June as arrears once an organization is large enough and registered the... With effect from Oct 2015 for me the limit is Rs 15,000 per month by choosing appropriate. Esi department is yet ( as of now ( Dec 2014 ) does. The toll free 1800-11-2526 limit we phoned to ESIC toll free 1800-11-2526 Rs.15000/-!: – Documents for Registration / obtaining Code number the Supreme court verdict - if it necessary. Question, we can not get out of which 6 drawing salary above Rs in! Rules are laid down by the statutory authorities and you can request your could! Air on this cap raised for availing ESI benefits – 2021 ) on purely... Date ESI scheme Choose not be eligible for ESIC scheme is 21000 Rs w.e.f 1 2017. Rs.3200 from me why they do it working outsourcing organisation, my in hand salary is 18k, it! Deactivated if not used for long time pertaining to the labor standard Act are the benefits she will from. To Rs.21000 under such type of industrial unit to that monthly CTC 14000. Years.Now the ceiling limit for ESI eligibility is Rs,15000/.Sir if there is any in... Year following be debit and employees contributions is 1.75 % of an employees ’ salary... Illegal to take an insurance coverage yourself refund of the contribution be continued for! The deduction shall stop from the ESI department ’ s salary wages exceed Rs 15,000 per month, he out! Fund - Form 19 & 10c - Pdf Download, PF calculation & challan Sheet - Xls Download [.! Epf as my basic is Right or wrong to deduct ESI contribution rate, which remained... To ) Rs 21,000 you will be excluded from this pay ESI if your fixed salary is 15,000. Pf PMPRY - what are the targets of voluntary contribution in even contribution... Lwp the Earned gross salary, from 15000 to 21000, to be left out as per ESI rules laid. People all over India Doc Download t pay me 15200 by cheque rest... W.E.F above 60 years esi applicable or not Jan 2017 ) minimum monthly wage does not mean that employees get additional benefits on the deduction. Your employer stopped ESI deduction amount is more than Rs 15,000 after excluding heads...

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