404 - The content no longer exists on our network.

But we found simillar discussions which you may find interesting... please review them below.

Search for "Employees State Insurance Corporation Raised Monthly Wage"


Impact of esic amendment format for impact on ctc
Dear expert the employees' state insurance corporation esic has raised the monthly wage threshold to rs 21000 from the current rs 15000 w.e.f 1 october 2016. need a email format to inform about above changes and impact on ctc in a constructive way. we are dealing with blue collared employees i know they will not like more deduction in salary. the employees who s salary is between 15001 and 21001 will now be covered under esic act. can you please help me on this draft??? i have made a draft but i don t know what impact it will make. draft: dear all greetings for the day the employees' state insurance corporation esic has raised the monthly wage threshold to rs 21000 from the current rs 15000 for coverage under its health insurance scheme w.e.f 1 october 2016. as per the new amendment the employees drawing monthly gross salary below rs. 21001 will now be covered under esic and a deduction of 1.75 on gross salary will be applicable. company will contribute 4.75 of gross salary towards illustration: deduction earlier to 1 oct 2016 deduction w.e.f 1 october 2016 sr. no gross month salary deduction from employee salary company contribution gross month salary deduction from employee salary company contribution 1 12060 211 573 12060 211 573 2 15025 na na 15025 263 714 3 21000 na na 21000 368 998 4 22000 na na 22000 na na thanks....
Esic notification for increase limit 21000
Dear all hope all are fine as mentioned in subject there is limit changes in esic act. notification dt. 06.10.2016 for increase esic limit from 15000/ to 21000/. the employees' state insurance corporation esic raised the monthly wage threshold to rs 21000from the current rs 15000 for coverage under its health insurance scheme. thanks & regards dheeraj harbola wire free:9840525441 believe in yourself the world would believe you.
Esiceiling - correct information/facts
Wage ceiling for coverage of employees under esi is raised from 7500/ per month to rs. 10000/ the government of india has amended the employees state insurance central rules 1950 and the same is called employees state insurance central first amendment rules 2006' accordingly the wage ceiling for coverage of employees under esi is raised from 7500/ per month to rs. 10000/ per month with effect from 1st october 2006. in other words all those employees who receive monthly salary of rs. 10000/ or below will be covered under esi and the employer will have to contribute 4.75 on their salary. from > oct 01 2006
Esic raises wage threshold to rs 21,000
Dear all the employees' state insurance corporation esic today raised the monthly wage threshold to rs 21000 from the current rs 15000 for coverage under its health insurance scheme. in a meeting held today the esic board also decided to give an option to existing insured persons to continue membership even if their wage breaches the ceiling of rs 21000 per month. at present all those insured under the esic scheme lose their membership of esic as well as that of the insurance cover if their wage overshoots the ceiling. has raised the threshold wage limit from rs 15000 to rs 21000" labour minister bandaru dattatreya told pti after the board meeting of esic here. labour minister is the chairman of the esic board. both the decisions will be implemented from october 1. dattatreya added that the move of raising the threshold will help bring in an additional 50 lakh members to at present esic has 2.6 crore insured persons which covers over 10 crore people assuming four members of a family. the minister also said there is a plan to increase the wage threshold for retirement fund body epfo subscribers and it may be considered in the next meeting of the central board of trustees cbt. at present the wage threshold is rs 15000 per month for coverage under its social security scheme.
Esic coverage/wages changes eff. oct 2016
Dear all i have seen below news update on esic coverage changes can any one update on the notifications. news update the employees' state insurance corporation esic yesterday raised the monthly wage threshold to rs 21000 from the current rs 15000 for coverage under its health insurance scheme. in a meeting held yesterday the esic board also decided to give an option to existing insured persons to continue membership even if their wage breaches the ceiling of rs 21000 per month. at present all those insured under the esic scheme lose their membership of esic as well as that of the insurance cover if their wage overshoots the ceiling. has raised the threshold wage limit from rs 15000 to rs 21000" labour minister told pti after the board meeting of esic here. labour minister is the chairman of the esic board. both the decisions will be implemented from october 1. dattatreya added that the move of raising the threshold will help bring in an additional 50 lakh members to at present esic has 2.6 crore insured persons which covers over 10 crore people assuming four members of a family. the minister also said there is a plan to increase the wage threshold for retirement fund body epfo subscribers and it may be considered in the next meeting of the central board of trustees cbt. at present the wage threshold is rs 15000 per month for coverage under its social security scheme. the notification is yet to be published which will be published this month which will have clear understanding. warm regards praveen devadiga
Esi wage ceiling for coverage under the esi act, for an employee under disability raised to rs 25000/ month
The wage ceiling for coverage under the esi act for an employee under disability raised to rs 25000/ month the wage ceiling for coverage under the employees state insurance act of an employee with disability under equal opportunities protection of rights and full participation act 1995 and national trust for welfare of persons with autism cerebral palsy mental retardation and multiple disabilities act 1999 has been fixed at rs.25000/ per month effective 1.4.2008. accordingly those employed in factories and establishments drawing monthly salary up to rs.25000/ will be covered under the esi act. however the respective employers shall not pay employers share of contribution up to a maximum period of three years from the date of commencement of the contribution period. regards madhu.t.k