Esic applicabe if we pad incentive / commission
This query is : Resolved
Neeraj Kumar
(Querist)
16 December 2016
Sir
We need your help. We are given cash Incentive / cmmission to our employees. PLs write us that we should deduct ESIC on such payments.
We need your help. We are given cash Incentive / cmmission to our employees. PLs write us that we should deduct ESIC on such payments.
KAVIRAJA ADDANGADI
(Expert)
16 December 2016
Yes , wages as per ESI act ESI is Applicable on incentives allowance or incentive Bonus however not include Annual Bonus,reward scheme, exgratia payment made every quarter or every year, Gratuity ,compensation, retrenchment ,encashment leave etc
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