ESI contributions not payable on Conveyance Allowance : SC
The Hon’ble Supreme Court has passed an Order recently (ESIC v/s Texmo Industries (Madras) dated 08 March 2021) stating that conveyance allowance or traveling allowance does not fall under the definition of ESI wages. This has been affirmed as a reported judgment by the Apex Court. So far, following the judgment passed by Hon’ble High Court of Karnataka, the conveyance…