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Please note that PF and ESI rules are laid down by the statutory authorities and you cannot opt out of it. Dear sir In view of the position explained above & if contractors are not separately registered under the ESI & EPF Act, you can make deduction of the ESI Contribution from the amounts payable every month to the contractor. In any way can we justify which components are part of Wages for ESI cal. Resident Super senior citizens with age above 80 years. With amendments to the Citizenship Act in 2017, the age range to meet language and knowledge requirements was amended from 14-64 to 18-54.This provision is retroactive, therefore, applicants who have not yet been assessed, or are in the process of being assessed for knowledge and language requirements and were 55 years of age or older on the date they signed their application will … Also, the tax applicable to different income slabs may vary from one state to another, but it has a maximum limit of Rs 2,500 per year. ESI should be calculated on ESI wages for which certain heads are included and certain heads are excluded. Good Morning, Can you tell me about what is the esi deduction new rule? Individuals within the age of 60 years which includes residents as well as non-residents. 21,000 from which date.Either with effect from Oct’2016 or Jan’ 2017. Whether sales incentive is attracts ESI…We are paying this quarterly…. My question is that we have to deduct the ESI every month since it is beyond 15000, or not to deduct since some months are below 15000. My in hand salary is 14000/-should be the esi deduction on my 14000? My In Hand salary is INR 14009.00 after deduction of esic and PF (Third Party Payroll), i want to know that There is a proposal to increase it to Rs 21,000 from Oct 16. but am not getting full clarity of this issue wether i can take my wife for delivery ESI Hospital ? What is the surcharge and educational cess applicable for Super Senior Citizens to pay Income Tax for this year? Once your ESI salary goes above Rs 15,000 your ESI deduction will stop from the nearest Apr or Oct salary. Sir, I mean that if I am not opting for EPF as my basic is more then 15000/-. By this new change in ESI salary limit, there are more than 50 lakhs of new employees were covered under employee state insurance scheme. Thanks. For the contribution period 1st April to 30 September, the corresponding benefit period is 1st January to 30th June of the year following. How to proceeed. Can you please rephrase it? 3 . Pls advice me Thanks in Advance. if the gross crosses 15000 from April 1st or September 1st , is it necessary to deduct ESI? If a person’s taxable income is Rs. Has the rates for ESIC been changed to 4% from 6.5% ? However, if the sales incentive is strictly paid only once each quarter, it can be excluded. My salary is 22000 then I m eligible for esic deduction? We need to wait for the G.O. Taxable income Tax Rate. The salary of one of my employee is Rs 20,000 and his overtime comes to about Rs. or what is the treatment of voluntary contribution ? 3. As my gross salary increased above 15K in May 2015 and company stopped deducting my ESI. Sir Iwant to know that if esic account get deactivated if not used for long time. Living in same house 1 year ago, percent of persons age 1 year+, 2015-2019 84.9% Language other than English spoken at home, percent of persons age 5 years+, 2015-2019 Sir If, so please tell us which is the best for employee. 5,00,000 Nil One news paper economic times reported on 23 November 2013 as-. Updated: 21 Sep 2013, 01:41 PM IST Prashant K. Nanda. My gross salary is 18750 and my in hand is 15055. 20,000 in the month of April, 17 leave the organisation and rejoins the same organisation after 2 months ie., July, 2017 at Rs. My query is that if i opt for not taking PF option then will my employer detect advance monthly/yearly taxes or not on my gross monthly/early salary for the FY 2015-16. ? Now my salary is 17,000 , I came to know that ESI limit has been increased to 25,000 .Is that true or not? She has only had access to a 401K for the past 5 years. But this revision incorporated in June 2014 Salary but effective date is from 1st April 2014. Hi sir. I want to know which reason they will be contribute the amount, If his/her salary suddenly increase and it has been crossed above the limitation of ESIC slab. In the case you have referred to, ESI should be calculated on Rs 25,000 (and not on Rs 20,000). My salary was 19974 in hand before increment so mu esic started to deducting from my salary but in April my salary got revisited and now my gross is 23000 and in hand is 21662 then to my esic is getting deducted.. There is nothing wrong in putting them under the rolls of the company if the Standing Orders or such other policy does not prohibit such engagement. Am i applicable for esic benefits and how much deduction will it be if applicable? Nos. (Archive), Does contribution towards edli and edli admin. My wife is earning 16000/- per month now and we want ESI usage critically, can we pay extra money to avail this scheme. Payroll managers are aware that the existing wage limit (as of Nov 2013) for coverage under the ESI Act is Rs 15,000 (Rupees Fifteen Thousand) per month. ESI applicability criteria as per the ESI act is that any employee whose gross salary is up to Rs. Please check with your employer or the ESI authorities in this regard. Points to Remember. There is nothing you, the employee, can do about this. Authorities in this regard deduct ESI 21,000 from which date.Either with effect from ’... Will it be if applicable critically, can do about this rates for been! 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