ESIC- CONVEYANCE ALLOWANCE DOES NOT FORM A PART OF THE WAGES.

The Honorable Supreme Court has held that the payment of conveyance allowance does not fall under the definition of the term “wages” as defined in Sec 2(22) of ESI Act.

The Judgement of Honorable Supreme Court under the case M/s Texmo Industries Vs ESIC holds good w.e.f 08.03.2021