Dear All:
I have got the following information and thought of sharing the same with you all. A copy of the notification has been attached with this mail
Wage ceiling for coverage of employees under ESI is raised from 7500/- per month to Rs. 10,000/-
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. 10,000/- per month, with effect from 1st October 2006. In other words all those employees who receive monthly salary of Rs. 10,000/- or below will be covered under ESI and the employer will have to contribute 4.75% on their salary.
I have got the following information and thought of sharing the same with you all. A copy of the notification has been attached with this mail
Wage ceiling for coverage of employees under ESI is raised from 7500/- per month to Rs. 10,000/-
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. 10,000/- per month, with effect from 1st October 2006. In other words all those employees who receive monthly salary of Rs. 10,000/- or below will be covered under ESI and the employer will have to contribute 4.75% on their salary.
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