Accident expense of employee under what head

2800 views 1 replies

Hi All!!

I am a student (from other background) and for my research I require to know a small point:

1) If suppose a company's employee has accident in India and the company provides for the medical care , can you tell me in what account the medical expense would be reflected.

staff welfare or any other account?

2) I believe most of the  organized sector company's employee are covered by ESI(Employees State Insurance) , how this get adjusted in the accounts? More accident prone industries do they bear a higher insurance cost? In which account they adjust this?

Any help or advice is greatly appreciated.

 

Replies (1)

HI,

The employee accident expenses under the head of Staff Welfare.  And the claim of ESI is the purely, belongs to on rolls employee befint.  If any claim received by him, purely his personal.  But company HR Dept is the entreprenuer only. So for that claim no need to effect your accounts books.  ESI is the Comapny contribution only. 

 

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details