Hello.
Can anybody please guide as to whether ESIC deductions are applicable or not to senior citizens ??]
Thank you
Gargi Aggarwal (Chartered Accountant) (57 Points)
18 February 2013Hello.
Can anybody please guide as to whether ESIC deductions are applicable or not to senior citizens ??]
Thank you
Santosh Mishra
(AM)
(1135 Points)
Replied 03 March 2013
It is same as applicable for others but he should still be an employee of a factory or establishment.
If the person is retired, he can still avail the benefit by paying a contribution of Rs 120 per year to ESI authorities. Needles to say there wont a employer contribution as he is not a employee.