ESI retro calculation -reg

[Former Member]

Friends,

Recently ESIC had issued a notification stating that Arrears need not be calculated for the previous period.

In my org. Arrears paid wef 01-10-2011 onwards, also ESI should not be deducted from 01-10-2010 to 31-03-2011 but for the rest of the month Apri-11 and May-11 ESI to be deducted.

Pl. help me to do this activity . I checked with PCR IN42, but how to make the calculations I don't know.

Thanks

Raghu

[Former Member · Accepted solution]

Yes, you can modify IN42, IN43 and IN44 for the wage type /3EA, /AEA and /ZEA (basically you have to exclude processing of these wage types from mentioned PCRs).

Second query 'also ESI should not be deducted from 01-10-2010 to 31-03-2011 but for the rest of the month Apri-11 and May-11 ESI to be deducted.' please elaborate lil bit more about why it is hapening and what is the scenario.

[Former Member · Accepted solution]

Thanks for the reply, but a correction to be made in my query, arrears to be paid wef 01-10-2010, and for the period 01-10-2010 to 31-03-2011, half yearly contribtution is over and hence no need to deduct for that period and for the remaining two months April 2011 and May 2011 which is in the current ESI contribution period deduction in Arrears to be made.

rgds

Raghu

[Former Member · Accepted solution]

arrears to be paid wef 01-10-2010, and for the period 01-10-2010 to 31-03-2011, half yearly contribtution is over and hence no need to deduct for that period and for the remaining two months April 2011 and May 2011 which is in the current ESI contribution period deduction in Arrears to be made -- got confused with your query.... let me know the exact requirement.

[Former Member · Accepted solution]

Arrears wef Oct-2010 paid in June-2011.

In that, ESI deduction should not be made from Oct-10 to Mar-11.

It should be made for Apr-11 & May-11 only.

Is it clear now?

Rgds

Raghu