S ELAVARASI (ACCOUNTANT) (2975 Points)
09 May 2019Dear Sir / Madam.,
I have a big doubt against ESI deduction on OT wages... Recently my Boss saying "You can deduct ESI on OT wages". After that I calculate some of the Employee's wages is exceeding Rs. 21000 with OT (Day Rs. 19500 + OT Rs. 3800 = 23300). This is excess as per ESI wages...
In this situation ESI applicable or Not...?
How can I deduct ESI...?
Which value ESI applicable...?
Is ESI deduct on OT then Value means what...?
Manoj Raturi
(student-CA FINALS)
(190 Points)
Replied 09 May 2019
Manoj Raturi
(student-CA FINALS)
(190 Points)
Replied 10 May 2019
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 10 May 2019
| Originally posted by : Manoj Raturi | ||
 |
Suppose if an employee gross salary is Rs 19500 (as in ur case) and his overtime wages is 3800 totat salary comes to Rs 23300. You need to deduct esi on 21000 only. |  |
You are wrong...
Please give correct answer...
* Say the ESI applicable or not
* Say ESI applicable on OT wages or not
* Say & think about the limit of ESI
After that please give correct & suitable answer...
Manoj Raturi
(student-CA FINALS)
(190 Points)
Replied 11 May 2019
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 11 May 2019
| Originally posted by : Manoj Raturi | ||
|
Dear Mr. Elavarasi.* Yes esi is applicable.* yes esi applicable on OT wages. * esi limit is 21000. | |
* Yes esi is applicable - Then Which amount I will pay ESI...? on 21000 or 23300
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 11 May 2019
CAclubindia
