ESI On Arrear Salary

This query is : Resolved

sharma.ctc@gmail.com (Querist)
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11 March 2010 In My company, We declared the Increment in Jan-10. (w.e.f. 1st July-09)

Now suppose the gross salary of an Employee was Rs. 8,000.00 and he got a increment of Rs. 4,000-00. New Gross Salary is Rs. 12,000-00

Now my question is , whether we will deduct the ESI in the arrear salary sheet or not.

2ndly, will we have to deduct ESI on Jan-10 to Feb-10 salary. If Yes then, on what amount.

Ram Avtar Singh

Ram Avtar Singh (Expert)
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11 March 2010 No need to deduct ESI when salary exceed 10000/= on arrear amount.

CA SANJAY MUKHERJEE

CA SANJAY MUKHERJEE (Expert)
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11 March 2010 Agree with expert

CA Gangadhar Mishra

CA Gangadhar Mishra (Expert)
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11 March 2010 ESI to be deducted on 10,000(uper limit) from jan.10 to Mar.10 and From Apr.10 onwards he is exempted from ESI deductions. For any increment in the salary between the contribution period ie. Apr to Sept. and from Oct to Mar, once he is applicable it will be contnue for said contribution period.

sharma.ctc@gmail.com

sharma.ctc@gmail.com (Querist)
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12 March 2010 Thanks to everyone who has answered to my question, but I think Mr. Gangadhar Mishra is right and has clearly wrote everything.

Thanks again

sharma.ctc@gmail.com

sharma.ctc@gmail.com (Querist)
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18 March 2010 Thanks to everyone, who gave their valuable time for my query,. I am closing this query now.

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