ESI Coverage & Calculation of 15000 limit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 June 2011
hi
Please tell
- is meal coupons(or vouchers e.g. ticket restaurant or sodexu food coupons of 1500) to be included in Rs. 15ooo limit.
- What are the components to be excluded or included, is bonus to be included in limit?
Kindly clarify
have read the act but still not clarified.
Please tell
- is meal coupons(or vouchers e.g. ticket restaurant or sodexu food coupons of 1500) to be included in Rs. 15ooo limit.
- What are the components to be excluded or included, is bonus to be included in limit?
Kindly clarify
have read the act but still not clarified.
U S Sharma
(Expert)
25 June 2011
any fixed remunaration paid on monthly basis to the employee is to be calculated for ESI eligibility.
O.D.SHARMA
(Expert)
26 June 2011
No,Bonus is not included.All other components are part of 15K
26 June 2011
If you are counting the meal cupon for retirement benefit then it is to be included but bonus is not to be included
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