ESI Amount

[visu2015]

Dear

1) ESI amount is calculated based on Basic salary or Gross Salary.

2) If an employee is absent for 10 days in a month, just like Basic salary and allowances get pro-rated,

Tell me even the ESI amount also will be Prorated or not.

Thanks & Regards

Vish

Wish You all a Very happy New Year

[Former Member]

Hi

According to the Earned gross,ESI amount is calculated.

For ex if an employee basic is 3000

and has loss of for 5days earned basic is 2500 and esi amt for 2500 is calculated

Test in ur development server

with regards

partha

[visu2015]

hi

I tried in my development server.

It is not getting calculated as you have said.

Its calculating on his Whole gross amount.

I have another doubt

If an employee gets an incentive in a month, the ESI amount is also getting calculated on basic + incentive.

Calculation of ESI on incentive have to be done or not.

Regards

Vish

[Former Member]

Hi,

ESI will get calculated on the gross amount only.. not on basic sal..

Yes, even incentives will form a part of ESI calculation cos Incentives will get added to Gross.. right..

[Former Member]

Hi,

ESI Basis is depend upon what ever wage type you marked for ESI cumulation class.

it will calculate based on Actual ESI basis /3EA, generally all earning is constituted as ESI basis

[sikindar_a]

ESI u2013 1.75% Employee contribution on gross salary

4.75% Employer contribution on gross salary

so that is ok it shd not get prorated

[visu2015]

Dear

My client wants the ESI amount to get pro-rated.

Tell me how to do this.

Regards

Vish

[visu2015]

Dear

/112 ESI Basis -

---

581

/113 ESI Basis Nominal -

---

580.64

/3EA Actual ESI Basis -

---

6003.67

Because of these difference amounts, i think it is not deducting properly

Pls let me know wat to do now

Regards

Vish