07 May 2012
Dear All, I have a question on ESIC applicability.
If an employee is registered for ESI & his Gross Salary is Rs 14000 till March. In April, his salary is increased to Rs 17000(Gross). Is he eligible to continue his ESIC contribution? (employee want to continue ESI)
07 May 2012
From April onwards ESIC is not applicable for the said employee. ESIC is computed on the basis of Gross salary which usually excules OT paid in cash.
CAclubindia
