ESIC Format

ESIC Format

Please specify the proper reason in the excel sheet that is to be imported to ESIC portal.

Reasons are as follows (Specify the numeric value):
No reason (when days and wages are provided): 0
On leave: 1
Left service: 2
Retired: 3
Out of coverage: 4
Expired: 5
Non implemented area: 6
Compliance by immediate employer: 7
Suspension of work: 8
Strike / Lockout: 9
Retrenchment: 10
No work: 11
Doesnt belong to this employer: 12

The above reasons as mentioned in ESIC portal.

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Bank Account Number for Reimbursement Bug Resolved in Webpay

Bug Resolved:

Bank Account Number for Reimbursement:

You have provision to enter separate bank account number for reimbursement payment to employees.

But after reimbursement process the bank account number stored was the one associated with Net Salary account. This bug has been resolved.

The process is as follows now

1. You enter Bank Account Number for Net Salary and not for reimbursement.

2. You do not mark paymode for reimbursement.

In the above case it will store the net salary bank account number for reimbursement payment. But if, pay mode is marked as cash for reimbursement payments to employees then it would not store the net salary bank account number; and if a different bank account number is associated for reimbursement payments then the net salary bank account number would not be picked.

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Date format problem in Webpay

Date format problem in Webpay (June 27 2012): ACB

In Regional settings we need to ensure that the date setting (date format) is US.

Webpay

Invalid Date Problem in Webpay

Invalid Date Problem in Webpay

Reasons:
1. Date column in excel should in text format. (When importing employee master record in excel)
2. Date type data should be entered in dd-MMM-yyyy format. (Regional Settings)

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ECR File for PF / Provident Fund management

There are two fields in Employee master form under position Details tab as DOJ and DOJFORM5.

Since Your payroll cycle is 26 th of the month to 25 , therefore , if any employee joins 27 th of the

month , then you can show them in next month ECR file . To avoid this problem , you can enter the

the actual joining date in DOJ fields and enter the ECR file generation month in DOJFORM5 . Doing

this you can show those employees in ECR file whose DOJ is prior to ECR generation month.

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Section 80TTA removal in Webpay

Section 80 TTA has been removed from Webpay because of the following reason.

The employer is not liable to tax on interest income of the employee. If you adopt this option of 80TTA, you will give deduction out of the salary income, and this is not acceptable as per tax laws. The only exception to this is interest on borrowed capital for house property (Rs 150000/Rs 30000), which is specifically provided for in the law.

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Chapter VIA Limits in Webpay

 As entered in Webpay (Apr 24 2012)

S.No.	Section Description	Limit
1.	Section 80C	100000
2.	Section 80D: Premium Paid on Medical policy of self, spouse, children is exempt up to Rs.15,000 and an additional benefit of Rs.15,000 in case of dependent parents are not Senior Citizens and Rs 20,000 in case of dependent parents are Senior Citizens	35000
3.	Section 80DD: Expenditure incurred on medical treatment and maintenance of spouse, children, parents, brothers and sisters of the individual is deductible up to a fixed amount of Rs. 50,000. For person with severe disability over specified 80 % the limit is Rs. 100,000. Please submit the photocopy of certificate issued by the competent medical authority in a Government Hospital with the form 10i and detail of amount spent on treatment or training.	100000
4.	Section 80DDA: Handicap Dependent	100000
5.	Section 80DDB: Expenditure incurred on medical treatment (specified disease or ailment as prescribed by the board) of self, spouse, children, parents, brothers and sisters is deductible up to Rs. 40,000 and for senior citizen the limit is Rs. 60,000. Please submit the photocopy of certificate issued by the competent medical authority with form 10i	60000
6.	Section 80E: Payment of Interest On Loan Taken For Higher Education	No Limit
7.	Section 80G: Deduction In Respect Of Donations To Certain Funds, Charitable Institutions, Etc	No Limit
8.	Section 80TTA: Interest on Savings Bank Account is exempted up to Rs.10,000 per year	10000
9.	Section 80U: An individual suffering from not less than 40% of disability can claim fixed deduction of Rs. 50,000 - Rs. 100,000 for persons with severe disability of over 80%. A certificate from specified medical authority has to be given to claim the benefit with form 10i	100000

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