please guide in ESIC calculation As per ESIC rule ESIC Applicable Upto Rs 21,000/-. For e.g. If Mr. A earn the salary of Rs. 18500/- monthly then he is liable to pay ESIC and contributed in April and May but June onward His salary is Revised of Rs. 25,000/- monthly then he is eligible to contribute the ESIC upto September?
As per my Knowledge, i think eligible to cotnribute upto September. please reply if i am wrong
01 February 2018
Yes ESI to be deducted once contributory period start, eve though ESI Salary revised. Due to increment till end of contributory period ESI to be deducted i.e April - September and October- March. If any change after April salary ESI to be deducted till September.
CAclubindia
