Dear Sirs,
As per new wage code introduced in November 2025, the defination of Wages has been changed as Basic+DA only.
As per this can you please help the ESI applicability?
Should we deduct ESI whose Gross salary 42,000 then Basic salary is 50 % Rs 21,000.
So its make applicablity of ESI on this? and we have to deduct ESI on Rs 21,000/- or not?
Please clarify.
CAclubindia
