ESI deduction from salary
This query is : Resolved
CA Vijay Kumar Walande
(Querist)
21 August 2010
Sir,
When ESIC is Deducted from Salary of the assessee.
then Where should the ESI appears in Income Tax calculation. Under what head will the esi will be deducted from computation
vijay
When ESIC is Deducted from Salary of the assessee.
then Where should the ESI appears in Income Tax calculation. Under what head will the esi will be deducted from computation
vijay
CMA Ramesh Krishnan
(Expert)
21 August 2010
ESI is contribution is exempted from Income tax so no need to show in calculation
Employees having Gross salary of Rs.15000 or less then the ESI applicable
Employee contribution need to deduct from salary - 1.75 % on basic
Employer contribution 4.75% on basic
Employees having Gross salary of Rs.15000 or less then the ESI applicable
Employee contribution need to deduct from salary - 1.75 % on basic
Employer contribution 4.75% on basic
21 August 2010
Mr. Vijay...
if you are asking for the deduction for ESI contribution in Income Tax computation on the similar grounds of PF contribution, then let me clarify you that ESI contribution is not eligible for such deduction.
if you are asking for the deduction for ESI contribution in Income Tax computation on the similar grounds of PF contribution, then let me clarify you that ESI contribution is not eligible for such deduction.
Message likes :
1 times
21 August 2010
Regarding the other ESI deduction provisions, Mr Ramesh has explained in detail & that's says it all.
CA Vijay Kumar Walande
(Querist)
01 November 2010
Thank you so much
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
- EPF ECR NEW FILE SEP 17TH 2026
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Under marginal scheme
- Oct 2025 Invoices
- Non filing of I T Returns
- TAX AUDIT ON PROFESSIONAL INCOME
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- 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
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
