ESIC notification

ESIC New Rates w.e.f 01.07.2019

Notification No. G.S.R. 423 (E). (13/06/2019)

In a historic decision, the Union government has cut the contributions made by employers and employees toward the health insurance scheme of Employees’ State Insurance Corporation (ESIC). The total contribution has been cut to 4 per cent from the current 6.5 per cent. The contribution rate cut is expected to help firms save around R...

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Government Reduces Rate of ESI Contribution from 6.5% to 4%

G.S.R. 423(E) (13/06/2019)

The Government of India has taken a historic decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%(employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution being reduced from 1.75% to 0.75%). Reduced rates will be effective from 01.07.2019.This would benefit 3.6 crore employees and ...

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Draft Employees State Insurance (Central) (Amendment) Rules 2019

Notification No. G.S.R. 121(E) (15/02/2019)

DRAFT RULES 1. (i) These rules may be called the Employees’ State Insurance (Central) (Amendment) Rules, 2019. (ii) They shall come into force on the date of its final publication in the Official Gazette....

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ESIC payment due date pre-poned to 15th of following month

No. N-12/13/1/2016-P&D (01/07/2017)

Now due date for payment of ESIC is not within 21 days of following month, but within 15 days of following month.Regulation 31 stands amended whereby the contribution in respect of any employee shall be paid within 15 days of the last day of the calender month in which the contributions fall due. This shall […]...

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Cover employees covered under ESIC but not under EPFO

No. CAIU/011(67)2016/EPFO-ESICDATA (16/01/2017)

All employees registered with ESIC but not covered with EPFO must be brought under the coverage of EPFO as per due procedure....

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Salary limit for ESI Applicability increased to Rs. 21000

Notification No. G.S.R. 1166(E) (22/12/2016)

In Employees’ State Insurance (Central) Rules, 1950, in rule 50, for words fifteen thousand rupees occurring at both places, words twenty one thousand rupees shall be substituted....

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ESIC: Employees & Employers Contribution rate reduced to 1% & 3%

No.: I-11/15/10/2016-ICT (15/12/2016)

ICT Division has taken up the matter for necessary modification in the application to accommodate the calculation of the contribution at the reduced rates in the first time implemented areas. However, due to technical reasons the modification in the software is taking some time....

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ESIC – No Need to Submit Hard Copy of Returns from March 2012

Notification No. G-32/11/6/31/2012/DIR-ICT/Misc (25/04/2012)

it has been decided by Hqrs Office that for the Contribution Period Ending March 2012 also employers are not required to submit the hard or soft copies of Return of Contributions. The copy of the letter no 67/Dir/Misc/SPOC-REV dated 8/11/2011 is also being attached for necessary action. ...

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