ESIC
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 December 2010
I am totally confused about how the limit of Rs. 15000 under ESIC operate. If I get Rs. 16000 in April 2010 then it is not applicable. If in May 2010 my salary goes down to say Rs. 13000, will I be covered by ESIC? At what point of time the limit is to be applied, is it month wise or on half yearly basis or if it is not applicable once then is it never applicable? Do I have to decide in April and October every six months?
CA Manikandan.A.V
(Expert)
16 December 2010
The limit of 15000 is on the First salary. If the first salary is more than Rs. 15000 ESI is applicable.Even if your salary is reduced thereafter to below 15k, ESI is applicable.
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