The Government has decided to increase the salary limit for coverage of ESI from Rs 15000 to Rs 25000. The date of effect is not known. Please share if anybody has the relevant notification from the ESIC
The source of this information (regarding the esic limit to rs 25000) is the news published on the front page of a Malayalam newspaper "Mathrubhumi" and on Hindi Patrika dated 20th september 2013. I am attaching the source of this news. Please confirm the source of this news
This is regards to your query fro ESIC calculations. ESIC always calculate on Gross Earning. There is fixed rate for the same i.e 1.75% Employee Share and 4.75% is the Employer Share of the gross earning.
PF is deducted on the basis of Actual earning.
Hi everybody you means that according to this information the calculation of esic will depend on that, and there we have to calculate the esic(1.75%) of those employee whose salry is below the 25000.. I am right na,, plz confm
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