Hr Consultant

Dear All,
Please find the notification, where the ESIC is on the way to reduce the Employee as well as Employer contributions.
For employee is it 1% and for Employer it is 3%.
The same will be finalized after they have their software updation.
Anybody having more info regarding this, please share.

From India, Kolkata

Attached Files
File Type: pdf RATE-OF-CONT-15-12-2016.pdf (424.3 KB, 450 views)

its for 1st time notified area only, which is available for one year to two year span only. no change in previous notified areas

This is applicable to the newly covered areas only and the reduced rates of contributions are applicable for first 24 months of start of the ESIC scheme. Please see the attached GR dated 06/10/2016.
From India, Mumbai

Attached Files
File Type: pdf ESIC Circular 06.10.2016.pdf (947.9 KB, 595 views)

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