ESI
This query is : Open
15 July 2009
IN A COMPANY TOTAL EMPLOYEES ARE 25. 15 EMPLOYEES ARE GETTING BASIC WAGES MORE THAN 15000/-.
COMPANY WILL BE COVERED UNDER ESI?
COMPANY WILL BE COVERED UNDER ESI?
15 July 2009
Dear Friends....
a private limited company is reimburshing the transport expenses of employess (from residence to office )
is it taxable in the hands employess
as Transport allowance is 800 P.M from I.T
and they are reimburshing more than 3000 Rs. P.M (except Transport Allowance)
a private limited company is reimburshing the transport expenses of employess (from residence to office )
is it taxable in the hands employess
as Transport allowance is 800 P.M from I.T
and they are reimburshing more than 3000 Rs. P.M (except Transport Allowance)
16 July 2009
for Praveen agarwal
Esi Is Only Applicable For Those Who Are Below 10000 And Upto 10000 And Not Above.
apply to cos where > 20 employees ...but it doent say 20 ees should be less than 10000.....so ESI applicable to cos were >20 ees are workin
Esi Is Only Applicable For Those Who Are Below 10000 And Upto 10000 And Not Above.
apply to cos where > 20 employees ...but it doent say 20 ees should be less than 10000.....so ESI applicable to cos were >20 ees are workin
16 July 2009
Hi,
NO. Your Company will not be covered under ESI.
Apply to co. where min 10/20 employees are employed and all are getting basic wages less then 10000.
Applicability
The ESIC Act applies to non-seasonal, power using factories or manufacturing units employing ten or more persons and non-power using establishments employing twenty or more persons. Under the enabling provisions of the act, a factory or establishment, located in a geographical area, notified for implementation of the scheme, falls in the purview of the act. Employees of the aforesaid categories of factories or establishments, but drawing wages only up to Rs 10,000 a month are entitled to health insurance cover under the ESI act.
The wage ceiling for purpose of coverage is revised from time to time; to keep pace with rising cost of living and subsequent wage hikes.
NO. Your Company will not be covered under ESI.
Apply to co. where min 10/20 employees are employed and all are getting basic wages less then 10000.
Applicability
The ESIC Act applies to non-seasonal, power using factories or manufacturing units employing ten or more persons and non-power using establishments employing twenty or more persons. Under the enabling provisions of the act, a factory or establishment, located in a geographical area, notified for implementation of the scheme, falls in the purview of the act. Employees of the aforesaid categories of factories or establishments, but drawing wages only up to Rs 10,000 a month are entitled to health insurance cover under the ESI act.
The wage ceiling for purpose of coverage is revised from time to time; to keep pace with rising cost of living and subsequent wage hikes.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Consolidated financials
- Reprocessing of rectification order AY 2025-26
- Putting a heading on received mail
- Gift Received from nonblood relative
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
