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Hi, the final notification is expected within 21st of nov 2016 and may be implemented from 1st nov 2016 as told by some esi official today
nagabhushana rao
hsn associates
auditors and management consultants

All Dear Members no need to worry about this, because our government will give us ample of time and opportunity to implement the same, well for your kind information ESIC has asked for the suggestion for the same. if all is gone well we will see a new amendment in year of 2017.
Any update on final decision for ESIC Increase Limit to Rs. 21000/-? Please share some references of authorities on the same. Thanks!
ATT. MR. P K SHARMA, HS_RAO & HARSH KUMAR MEHTA: Check the last amendment, which effected from May 2016. Its mean it may be effected in between the contribution period. About the retrospective date, last amendment might have also been made from 1st April. Hence it is made clear from the last amendment that neither the question of period nor retrospective date may be a question in this matter. 2nd employee contribution is to be deducted from the salary, which is not possible to recover for the period of which salaries have been disbursed. In MNC and large scale industries salary is disbursed through bank transfers usually in the beginning of the month. As such it may not be effected before the close of the month. If the notification issued in November, it may be effected from December 2016 other wise it would be effected from April 2017. Because January to March 2017 the minimum requirement of service for sickness benefit, which is 92 days for sickness benefit may not be completed by any person. As such it would be injustice with the employees. Moreover option of 92 days is given out of 183/184 days i.e. half year and thus it is not possible to be effected from April 2017.
Hi everyone please check Wikipedia of ESIC it’s saying that it has already increased to Rs. 21000/- w.e.f 1 Oct 2016
Hi, These changes have been taken into consideration wef 01-Jan-17. The Circular is enclosed. Regards, Harpreet singh

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File Type: pdf ESIC Notification on 21K limit.pdf (187.6 KB, 47 views)

How can one calculate 'Salary' for ESI deduction? How is this deduction done?

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