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Esic calculation

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ESIC deduction for employees is 1.75% of wages. Does wages include overtime wages as well ? what if gross wages with overtime crosses 21000 ?
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On 23 January 2017 at 17:28 Report
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28 Points Joined January 2017
overtime allowances will be considered as wage for the purpose of chargin g the contribution only and will not be considered for the purpose of the coverage of the employee under the Scheme. 
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On 23 January 2017 at 21:54
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28 Points Joined January 2017
Hence the esic contribution will be charged including overtime
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On 23 January 2017 at 21:55
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28 Points Joined January 2017
may be due to o.t. wages exceeds 21000 but the esic will be applicable.
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On 23 January 2017 at 21:57
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28 Points Joined January 2017
it does not mean that being 21000
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On 23 January 2017 at 21:57
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28 Points Joined January 2017
it is out of coverage
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On 23 January 2017 at 21:58
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@ dilipgurnani Got it . thanks a lot

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On 25 January 2017 at 12:35

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