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Anyone help me to know about updated ESI policy and the full benefits? And also the calculation of employer and employee contributions.
Dear ANNONYMOUS Friend,
First of all ESI is not a policy. It is an Act / Enactment. There is a scheme under this Act which is mandatory to certain establishments and certain class of employees upon certain parameters.
From your query what I feel is you need to understand first this law, it's salient features etc. I advise you to read ESI Act, if not then at-least a guide to employers on Labour Laws by Shri. S R Samant edited by Shri. Chheda recently. You ask your queries/ doubts thereafter. I am sure this forum will definitely address you.
You may also go through below given link:
http://www.esic.nic.in/CIRCULARS/ESI...%20English.pdf
First of all ESI is not a policy. It is an Act / Enactment. There is a scheme under this Act which is mandatory to certain establishments and certain class of employees upon certain parameters.
From your query what I feel is you need to understand first this law, it's salient features etc. I advise you to read ESI Act, if not then at-least a guide to employers on Labour Laws by Shri. S R Samant edited by Shri. Chheda recently. You ask your queries/ doubts thereafter. I am sure this forum will definitely address you.
You may also go through below given link:
http://www.esic.nic.in/CIRCULARS/ESI...%20English.pdf
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Separation (Full and Final Settlement) Policy.doc
