ESIC Calculation


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Querist : Anonymous

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Querist : Anonymous (Querist)
27 November 2010 Hi,
I wanted to Know whether ESIC is deducted on Net Salary or Gross Salary. for e.g. If My Gross Salary is Rs.11,000/- but due to absentism in a particular month i am received around Rs.8000 before deducting ESIC. So ESIC is applicable on Rs.11000/- ( Gross Salary) or Rs.8000/- (Net Salary)

Manoj Garg (Expert)
27 November 2010 ESIC is deducted @1.75% on Gross Salary. if Gross Salary is less than Rs. 15000.00

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 December 2010 If My Gross Salary is Rs. 11,000/- but due to absentism in a particular month i am received around Rs. 8000 before deducting ESIC. So ESIC is applicable on Rs. 11000/- ( Gross Salary) or Rs. 8000/- (Net Salary)

Manoj Garg (Expert)
01 December 2010 My dear 8000.00 is not your net salary. It is gross salary, therefore esic will be deducted on rs. 8000.00

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 December 2010 Thank you sir,


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