ESI Calciulation

Others 574 views 5 replies

What is the salary compostion for calculaton of ESI ?

Upto what limit can an employer claim expenses of esi contribution made by it?

what are the dates for depositing ESI?

 

Replies (5)

ESI is deducted only when the salary is below than Rs 10,000. Employer contribution towards ESI is 4.75% and Employee contribution towards ESI is 1.75%.

and i dont the dates for depositing ESI bt when i will get to know then i will surely reply.

what is included in salary??

is it just basic+ DA

or it includes other allowances also?

 

Contributions 
E.S.I. Corporation has authorised the designated branches of State Bank of India and some other scheduled banks to receive payments on behalf of the Corporation. The total amount of contribution (employee's share and employer's share) is to be deposited with the authorized bank branches in cash or by cheque or by demand draft through a challan in the prescribed Form in quadruplicate on or before 21st of the month following the calendar month in which the wages fall due. 

It only includes basic+DA

It only includes basic+DA


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