ESI On Arrear Salary

This query is : Resolved 

11 March 2010 In My company, We declared the Increment in Jan-10. (w.e.f. 1st July-09)

Now suppose the gross salary of an Employee was Rs. 8,000.00 and he got a increment of Rs. 4,000-00. New Gross Salary is Rs. 12,000-00

Now my question is , whether we will deduct the ESI in the arrear salary sheet or not.

2ndly, will we have to deduct ESI on Jan-10 to Feb-10 salary. If Yes then, on what amount.

11 March 2010 No need to deduct ESI when salary exceed 10000/= on arrear amount.

11 March 2010 Agree with expert


11 March 2010 ESI to be deducted on 10,000(uper limit) from jan.10 to Mar.10 and From Apr.10 onwards he is exempted from ESI deductions. For any increment in the salary between the contribution period ie. Apr to Sept. and from Oct to Mar, once he is applicable it will be contnue for said contribution period.

12 March 2010 Thanks to everyone who has answered to my question, but I think Mr. Gangadhar Mishra is right and has clearly wrote everything.

Thanks again

18 March 2010 Thanks to everyone, who gave their valuable time for my query,. I am closing this query now.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries