PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Senior Manager - Statutory Compliance
SOUBHIK KUMAR GHOSH
Hr - Incharge
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Glidorits just proposal now date of implementation is not yet notified
saravanan_d_Gazette Notification is expected to be released by November 2016. I suggest you to wait till notification. Even, I enquired with ESI officials and they are not clear on this.
There are two possibilities.
1. Effective date can be from the date of Notification or from 1st November 2016 or any other date after the notification date.
2. Since the contribution period is starting from October 2016, they may consider effective from October 2016. But, it is practically has many issues. So, I don't think this is possible.
So, I suggest you to wait till the official Gazette Notification. But, inform to your employees that this is happening.
From India, Chennai
SOUBHIK KUMAR GHOSHDear All, Please find enclosed herewith the Gazette Notification of the draft rule for enhancement of ESIC Limit from Rs 15000/ to 21000/.
From India, Kolkata