Monday, November 23, 2020, | 1 New Feature Added
Module: Payroll and Taxation
1. Arrear calculation of ESI for Supplementary Filing
In EmployWise, an employee’s contribution of 0.75% of the wages and an employer’s contribution of 3.25% is deducted as per the E.S.I Scheme for the applicable employees. Until now, this was calculated on the salary pertaining to the month for which payroll is run.
This release adds the feature through which the positive arrears in ESI due to paid days can now be made to generate in the payroll. The same can be used for Supplementary filing of the ESI arrears. This is compliant with the User Manual for Filing the monthly contribution and Payment of dues available on the ESIC website.