Employee State Insurance

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13 Points Posted on 28 June 2020
Do we get any kind of deduction or exemption for the amount deposited for ESI.
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On 28 June 2020 at 16:07 Report
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This discussion explores whether contributions made towards Employee State Insurance (ESI) are eligible for tax deductions or exemptions under current income tax rules for salaried employees. The consensus is that, as it stands, there are no provisions within the income tax framework that allow for ESIC deductions to be considered in tax computations for employees.

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MANAGER HR/admin/com
2972 Points Posted on 28 June 2020
In my views no
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On 28 June 2020 at 16:13
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13 Points Posted on 28 June 2020
Not even for employee's contribution?
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On 28 June 2020 at 16:20
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Chartered Accountant
821 Points Posted on 29 June 2020
Currently, as per income tax rules applicable to salaried employees, there is no provision to consider ESIC deduction in tax computation
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On 29 June 2020 at 14:51

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