Samrat Dutta (Service) (26 Points)
24 May 2008Please any one can give the information abput the ESI Act. That What is the rate of ESI? and the percentage is calculated on which ammount? Is it calculated on the basic or basic+da or on the gross salary? and if it is an industry like who is providing education service in market what is the calculation please send me the solvetion as early as possible You can also send me the mail at samrat.ica @ gmail.com
CA. Gurdeep Singh Chawla
(C A)
(7080 Points)
Replied 24 May 2008
Samrat Dutta
(Service)
(26 Points)
Replied 24 May 2008
Thank You Sir
Is it possible that this rate is varried upon the industry wise. cause where i am working they deduct the ESI 1.75% on Basic+HRA+Convenyence+Education Allowence.
dear sir,
i want full deatails of service tax rates applicable on what items,and what is basic limitation(tax free amount)of applicable items.
kindly send to my e-mail : raghunec @ rediffmail.com
Gautam Chetty
(Gautam Chetty)
(29 Points)
Replied 09 April 2009
Dear all,
"Retainers have joined the company in the month of January, ESIC is not deducted in jan,feb and march. The management says that only after the year ends, the ESIC gets deducted every month i.e. from april and the amount to be deducted in jan,feb&march gets deducted in april."
This is my audit query , plz help me by confirmirng whether the process that the company is following is correct or not.
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