ESIC

ESI/PF liability in Contract Labor of Contractor vis a vis Factory under GST

Income Tax - Is there any GST liability on a Labor contract, on the consideration received inclusive of ESI & PF from the Contractee Factory? And paid by the contractor to concerned Department by recovering the same from his contract Laborers? The GST recovered by the Contractor from his contract Laborers towards ESI and PF is paid to […]...

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Delay in payment of Employee Contribution to PF/ESI, etc. – In dilemma to claim or not?

Income Tax - Delay in payment of Employee Contribution to PF/ESI, etc. – In dilemma to claim or not? Section 2(24)(x) of the Income tax Act 1961 (‘Act’) while defining Income, includes the sum received by taxpayer/employer from employees as contribution towards PF, ESI or any other welfare schemes/fund. Once such sum is treated as Income in hand...

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ESI Registration in India

Income Tax - ESI stands for Employee State Insurance managed by the Employee State Insurance Corporation which is an autonomous body created by the law under the Ministry of Labour and Employment, Government of India.  What are the Conditions for eligibility criteria? Under Sec2 (12) of the ESI Act, 1948 any individual working in the non-seasonal fac...

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EPFO and ESIC-An Overview & Registration

Income Tax - THE EMPLOYEES’ PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT, 1952 An Act to Provide for the institution of provident funds, Pension Fund and deposit- linked insurance fund for employees in factories and other establishments. Section 1(3) of the act defines the Eligibility criteria for EPF registration: 1. Establishment which is ...

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ESI (Employees State Insurance) scheme & Registration process

Income Tax - Overview of Employee State Insurance Scheme or ESI scheme (ESI Act 1948) Employee State Insurance or ESI is a scheme commenced by the Government of India to offer medical, monetary and other advantages to workers. ESI is managed by an autonomous authority – Employee State Insurance Corporation – which lies under the jurisdiction of th...

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ESIC beneficiaries can now avail OPD consultation from empanelled hospitals

Income Tax - Keeping in view the increase in ESI coverage over the recent years, it has been decided that in areas where ESIC infrastructure is not available within a radius of 10 kms, the beneficiary will be allowed to avail medical consultation for OPD services directly from a hospital empanelled with ESIC or with Ayushman Bharat scheme without the ...

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7 Major Initiatives by ESIC for better services to Insured Workers/Women

Income Tax - Ministry of Labour & Employment ESIC takes Major Policy Initiatives for better services to Insured Workers/Insured Women Posted On: 23 FEB 202 Employees’ State Insurance Corporation (ESIC) during its 184th Meeting held on 22.02.2021 under the chairmanship of Shri Santosh Kumar Gangwar, Minister of State for Labour& Employment (I...

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ESIC beneficiaries to get medical care from nearby ESIC empanelled Hospitals

Income Tax - ESIC beneficiaries to get medical care from nearby ESIC empanelled Hospitals in case of non-availability of ESIC hospital or dispensary within a radius of 10 km. of their residence....

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Extension of ESI Scheme to Arunachal Pradesh

Income Tax - In its continuous endeavor to cover more workers under ESI Scheme, Govt. of India has now extended the Employees 'State Insurance (ESI) Scheme for the first time to Arunachal Pradesh, with effect from 1st November, 2020. A notification to this effect has been issued by the Central Government for notifying the district of Papum Pare,under ...

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Several Measures Taken by ESIC to Extend Relief During COVID-19 Pandemic

Income Tax - The country is dealing with a very challenging situation due to COVID-19 Pandemic. Many parts of the country have been placed under lock down to enforce social distancing.  To deal with the crisis, Employees’ State Insurance Corporation (ESIC) has undertaken multiple steps to provide relief to its Stakeholders and members of public....

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Employees contribution to ESIC & PF allowable when payment is made

DCIT Vs Dee Development Engineers Ltd. (ITAT Delhi) - DCIT Vs Dee Development Engineers Ltd. (ITAT Delhi) The assessee company has not deposited the employees’ contribution within the due date which is prescribed under the said statute i.e. Provident Fund and ESIC. This issue is dealt by the Hon’ble Delhi High Court in case of CIT vs. M/s Bharat Ho...

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PF & ESI contribution allowable if Paid before Tax return due date

Shishir Kumar Das Vs DCIT (ITAT Hyderabad) - Shishir Kumar Das Vs DCIT (ITAT Hyderabad) Decision of the Hon’ble Supreme Court in the case of CIT vs. Alom Extrusions Ltd is applicable to both the employer as well as employee’s contribution to Provident Fund and ESI and if the assessee has not remitted the amount collected from the employees...

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Employees contribution to EPF & ESIC allowable if paid within relevant due date

PCIT Vs Orchid Pharma Ltd. (Madras High Court) - PCIT Vs Orchid Pharma Ltd. (Madras High Court) Employee’s contribution should be paid within the due date as provided in the related statutes to be allowed as deduction under Section 36(1)(va) of the Act.  A Division Bench of the Kerala High Court in the case of CIT Vs. M/s.Merchem Ltd. [repo...

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Employees’ contribution to EPF & ESIC deposited beyond due date not allowable

Pr. CIT Vs Orchid Pharma Ltd. (Madras High Court) -  Employees’ contribution to EPF and ESIC deposited beyond the due date prescribed under section 36(1)(va) would not be eligible for deduction even if deposited before the due date of filing the return of income tax under section 139(1)....

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Deduction u/s 43B for EPF / ESIC paid after due date

M.V.S Engineering Ltd Vs The CIT (Delhi High Court) - In this case high court held that payment of employees contribution under the Employees Provident Fund and Misc. Provision Act, 1952 and the Employees State Insurance Act, 1948 is allowable if paid before the due date of filing Income Tax Return or filing of Income Tax Return whichever is earlier e...

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ESIC takes Initiatives for better medical services to Workers

Release ID: 1679180 - (08/12/2020) - Employees’ State Insurance Corporation (ESIC) during its 183rd Meeting held yesterday under the chairmanship of Shri Santosh Kumar Gangwar, Minister of State for Labour & Employment (I/C) has taken several significant decisions to improve its delivery of medical services and other benefits to work...

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Employees’ State Insurance (Central) Amendment Rules, 2020

Notification No. G.S.R. 675(E). / Notification No. G.S.R. 676(E). - (27/10/2020) - (1) These rules may be called the Employees’ State Insurance (Central) Amendment rules, 2020. (2) They shall come into force on the date of their final publication in the Official Gazette....

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ESIC notifies eligibility criteria for unemployment benefit for Insured Persons who lost jobs due to COVID 19

Notification No. N-12/13/01/2019-P&D - (14/10/2020) - ESIC notifies relaxations in eligibility criteria for unemployment benefit for Insured Persons who have lost jobs due to COVID 19 Pandemic EMPLOYEES’ STATE INSURANCE CORPORATION NOTIFICATION New Delhi. the 14th October 2020 No. N-12/13/01/2019-P&D.—Whereas draft notification further to e...

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ESI extends Scheme granting benefit to persons who became unemployed due to COVID 19 Lockdown & notifies SOPs for claims   Sep 26, 2020

No P-11/14/11/ABVKY/2019-Bft II - (16/09/2020) - ESI Corporation has also decided to relax the eligibility condition of the scheme for the period 24.03.2020 to 31.12.2020 in order to provide benefit to the IPs who became unemployed due to COVID-19 induced lockdown....

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ESIC Covid-19 Relief For Loss of Work

No. E-13/12/9/2020-P.R. - (20/08/2020) - 1. Relaxation in eligibility criteria and enhancement in the payment of unemployment benefit under Atal Bimit Vyakti Kalyan yojana of ESIC  2. Establishment of ICU/HDU services at 10% of total beds in ESIC Hospitals  3. Measures taken by ESIC during Covid – 19 pandemic...

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Recent Posts in "ESIC"

Employees contribution to ESIC & PF allowable when payment is made

DCIT Vs Dee Development Engineers Ltd. (ITAT Delhi)

DCIT Vs Dee Development Engineers Ltd. (ITAT Delhi) The assessee company has not deposited the employees’ contribution within the due date which is prescribed under the said statute i.e. Provident Fund and ESIC. This issue is dealt by the Hon’ble Delhi High Court in case of CIT vs. M/s Bharat Hotels Ltd. 410 ITR 417 […]...

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ESIC beneficiaries can now avail OPD consultation from empanelled hospitals

Keeping in view the increase in ESI coverage over the recent years, it has been decided that in areas where ESIC infrastructure is not available within a radius of 10 kms, the beneficiary will be allowed to avail medical consultation for OPD services directly from a hospital empanelled with ESIC or with Ayushman Bharat scheme without the ...

Read More
Posted Under: Corporate Law |

7 Major Initiatives by ESIC for better services to Insured Workers/Women

Ministry of Labour & Employment ESIC takes Major Policy Initiatives for better services to Insured Workers/Insured Women Posted On: 23 FEB 202 Employees’ State Insurance Corporation (ESIC) during its 184th Meeting held on 22.02.2021 under the chairmanship of Shri Santosh Kumar Gangwar, Minister of State for Labour& Employment (I...

Read More
Posted Under: Corporate Law |

ESIC beneficiaries to get medical care from nearby ESIC empanelled Hospitals

ESIC beneficiaries to get medical care from nearby ESIC empanelled Hospitals in case of non-availability of ESIC hospital or dispensary within a radius of 10 km. of their residence....

Read More
Posted Under: Corporate Law |

PF & ESI contribution allowable if Paid before Tax return due date

Shishir Kumar Das Vs DCIT (ITAT Hyderabad)

Shishir Kumar Das Vs DCIT (ITAT Hyderabad) Decision of the Hon’ble Supreme Court in the case of CIT vs. Alom Extrusions Ltd is applicable to both the employer as well as employee’s contribution to Provident Fund and ESI and if the assessee has not remitted the amount collected from the employees before the due date […]...

Read More

ESI/PF liability in Contract Labor of Contractor vis a vis Factory under GST

Is there any GST liability on a Labor contract, on the consideration received inclusive of ESI & PF from the Contractee Factory? And paid by the contractor to concerned Department by recovering the same from his contract Laborers? The GST recovered by the Contractor from his contract Laborers towards ESI and PF is paid to […]...

Read More

ESIC takes Initiatives for better medical services to Workers

Release ID: 1679180 08/12/2020

Employees’ State Insurance Corporation (ESIC) during its 183rd Meeting held yesterday under the chairmanship of Shri Santosh Kumar Gangwar, Minister of State for Labour & Employment (I/C) has taken several significant decisions to improve its delivery of medical services and other benefits to workers....

Read More

Delay in payment of Employee Contribution to PF/ESI, etc. – In dilemma to claim or not?

Delay in payment of Employee Contribution to PF/ESI, etc. – In dilemma to claim or not? Section 2(24)(x) of the Income tax Act 1961 (‘Act’) while defining Income, includes the sum received by taxpayer/employer from employees as contribution towards PF, ESI or any other welfare schemes/fund. Once such sum is treated as Income in hand...

Read More
Posted Under: Corporate Law |

Extension of ESI Scheme to Arunachal Pradesh

In its continuous endeavor to cover more workers under ESI Scheme, Govt. of India has now extended the Employees 'State Insurance (ESI) Scheme for the first time to Arunachal Pradesh, with effect from 1st November, 2020. A notification to this effect has been issued by the Central Government for notifying the district of Papum Pare,under ...

Read More
Posted Under: Corporate Law |

Employees’ State Insurance (Central) Amendment Rules, 2020

Notification No. G.S.R. 675(E). / Notification No. G.S.R. 676(E). 27/10/2020

(1) These rules may be called the Employees’ State Insurance (Central) Amendment rules, 2020. (2) They shall come into force on the date of their final publication in the Official Gazette....

Read More

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