Please be informed that The circular No. I-11/15/10/2016-ICT Dated 15th December'16 "Reduce rate of Contribution under amended Rule 51 B of ESI (Central) rules , 1950 . As per the notification , Esic contribution reduced to 1% and 3% for the newly implemented areas.
19th December 2016 From India, Kolkata
10th February 2017 From India, New Delhi
22nd May 2017 From India, Kalyan
Applicability of the Act
Under Section 2(12) the Act is applicable to non-seasonal factories employing 10 or more persons.
Under Section 1(5) of the Act, the Scheme has been extended to shops, hotels, restaurants, cinemas including preview theatres, road-motor transport undertakings and newspaper establishments employing 20* or more persons.
Further under section 1(5) of the Act, the Scheme has been extended to Private Medical and Educational institutions employing 20* or more persons in certain States/UTs.
*Note: 14 State Govts. / UTs have reduced the threshold limit for coverage of shops and other establishments from 20 to 10 or more persons. Remaining State Governments/UTs are in the process of reducing the same.
The existing wage limit for coverage under the Act is Rs. 15,000/- per month ( w.e.f. 01/05/2010).
The second part is
"The date of effect of reduced rate of contribution would be either 01.08.2016 ", Yes , my advice is , please go and check wih local authority .
23rd May 2017 From India, Kolkata