Roshan A (Chartered Accountant) (458 Points)
29 November 2011Guys ESI ACT is applicable to an Employee only if his wages are not more than Rs15000(monthly).....But what if the Employee has not worked for the entire month(Say he works for 12 days) & his wages fall proportionately and he falls in category of wages less than Rs15000.....So will he make contribution for that month???
Thanks in Advace,
Roshan A
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 29 December 2011
if the establishment is covered under the ESIC and the employee draws below 15000 for any specific month, then contributions are payable. however if he enjoy leave with wages and gross payment exceeds 15000 then no such obligation.
Kolluru Krishna Murty
(Partner)
(315 Points)
Replied 30 December 2011
I agree with Mr Sharma.
If his drawings in the previous months are less than the thresold limit,and hewas already covered then his contributions are to be made
kkm
HKC
(PROP.)
(98 Points)
Replied 02 February 2012
Sir,
If any employee getting more than 15000/- Gross Salary than he will exempted from ESIC.
If any employee getting <=15000/- Gross Salary than he will covered in ESIC Act.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
