Dear All, Can some one give me the information on ESIC, at what salary range is it applicable and who is eligible for this. What is the % of ESIC payable. Regard Asmita
From India, Mumbai
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2From India, Mumbai
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Hi Asmita,
Well, any person whose gross salary is less than or equal to Rs. 10,000 per month is covered under ESI. 4.75% of gross is contributed by the employer, while 1.75% of the gross is deducted from the employee's salary as a contribution towards ESI. It is a statutory requirement.
Rolly
From India, New Delhi
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Well, any person whose gross salary is less than or equal to Rs. 10,000 per month is covered under ESI. 4.75% of gross is contributed by the employer, while 1.75% of the gross is deducted from the employee's salary as a contribution towards ESI. It is a statutory requirement.
Rolly
From India, New Delhi
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Just to add..the 10K limit is effective from 1st Oct 2006 as per new notification.. — Joydeep
From India, New Delhi
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From India, New Delhi
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I have got the following information and thought of sharing the same with you. A copy of the notification has been attached herewith.
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.
From India, Delhi
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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.
From India, Delhi
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Hi, this is Harsha. Those who are getting less than or equal to 10000 gross salary are eligible for ESI. You can deduct 1.75% from the employee, and 4.75% will be paid to the ESI corporation by the employer (this calculation depends on Gross salary). You need to submit the challans of this ESI on or before the 15th date of the preceding month. The challan will be deposited in SBI. For more information, please call me at 9966262626. Ok, bye.
From India, Visakhapatnam
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From India, Visakhapatnam
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The ESI Scheme is implemented area-wise in a phased manner. New geographical areas are notified for implementation, from time to time, by state/central government, taking into consideration the density of coverable industrial population within a given geographical area called a "center."
The provisions of the ESI Act have been extended gradually to the following classes of establishments under Section 1(5) of the Act by most state governments:
a. shops
b. hotels & restaurants
c. road motors transport undertakings
d. cinemas
e. newspaper establishments
Contact:
Mr. Gurvinder Singh (Chief Consultant)
Bharat Personal Services
09414359895
From India, Jaipur
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The provisions of the ESI Act have been extended gradually to the following classes of establishments under Section 1(5) of the Act by most state governments:
a. shops
b. hotels & restaurants
c. road motors transport undertakings
d. cinemas
e. newspaper establishments
Contact:
Mr. Gurvinder Singh (Chief Consultant)
Bharat Personal Services
09414359895
From India, Jaipur
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Increase In Wage Ceiling And Death Benefits For Dependents For Schemes Under Haryana LWF.pdf
ESIC approves enhancement of wage ceiling from 10.doc