A doubt ESI on arrear salary - Pls.help
This query is : Open
23 December 2009
Suppose an employee's gross salary is Rs 8000 in Dec 09 due to a revision of pay his salary will be revised to Rs 12000 per month from April 09. Now my question is whether ESI will have to be deducted for the balance contribution period for him? If " Yes" on which amount, on Rs 10000/ (maxm limit fixed for ESI) or Rs 12000/- can anybody help me out referring the appropriate provision of ESI.
23 December 2009
IF HIS SALARY revised to Rs 12000 per month from April 09.THEN NO ESIC DEDUCT FROM OCT.09.
The slab period for ESIC deduction is from April - September and October - March.
The slab period for ESIC deduction is from April - September and October - March.
25 December 2009
But, the decision of revision is in Dec 09, therefore for the contribution period Oct to March 10, he will continue because we have already paid his contribution in Oct,09 and Nov 09. Is my understanding is wrong?
25 December 2009
then from april 2010, no need to deduction of esic.
28 December 2009
agreed, but from April 09 esi deduction on which amount Rs 10000 or Rs 12000? If it is on Rs 10000 then which section it govorns? If it is Rs 12000, then also which section we have to follow?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Confusion around Form 26QB fields
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- Should I report my US salary for January, February, March in Schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
