Anyone help me to know about updated ESI policy and the full benefits? And also the calculation of employer and employee contributions.
From India, Ariyalur
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2From India, Ariyalur
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Dear Friend,
First of all, ESI is not a policy; it is an Act/Enactment. There is a scheme under this Act which is mandatory for certain establishments and certain classes of employees based on specific parameters.
From your query, what I feel is that you need to understand this law, its salient features, etc. I advise you to read the ESI Act, and if not that, then at least a guide to employers on Labour Laws by Shri. S R Samant edited by Shri. Chheda recently. You can ask your queries or doubts thereafter. I am sure this forum will definitely address you.
You may also go through the link provided below: http://www.esic.nic.in/CIRCULARS/ESI...%20English.pdf
From India, Mumbai
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First of all, ESI is not a policy; it is an Act/Enactment. There is a scheme under this Act which is mandatory for certain establishments and certain classes of employees based on specific parameters.
From your query, what I feel is that you need to understand this law, its salient features, etc. I advise you to read the ESI Act, and if not that, then at least a guide to employers on Labour Laws by Shri. S R Samant edited by Shri. Chheda recently. You can ask your queries or doubts thereafter. I am sure this forum will definitely address you.
You may also go through the link provided below: http://www.esic.nic.in/CIRCULARS/ESI...%20English.pdf
From India, Mumbai
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Final Notification dt 6-10-2016 reg SEPARATE RATE of Contribution in New Areas under ESI Act 194.pdf
Employee Benefits.doc