Dear All, Enclosed is the ESIC New Inspection Policy 2012 & Survey Policy 2012 Regards, Prakash Kagalwala
From India, Pune
From India, Pune
Thanks for the information. Also, the Inspectors cannot ask the Companies to pay past dues for a period beyond FIVE years (Section 45-A amended in 2010)
From India, Bangalore
From India, Bangalore
Dear Prakash, Really thanks a lot, for sharing so crucial and important circular of ESIC . Keep posting the latest updates for HR professionals. With regrds, AK Sharma
From India, Mumbai
From India, Mumbai
Dear Prakash, Greetings & Good day to you! Thank you for your valuable information, and sharing it to all. With Warm Regards, V.Govindarajan. Manager-Continuous Improvement. Raysoft Technologies.
Can anyone tell me if the employee contribution is 12.00%, then the employer's contribution is 13.61% due to extra administration charges (0.50 + 0.10 + 1.01)? Why, in ESIC, is the employee contribution 1.75% and the employer has to contribute 4.75%, three times more than the employee?
From India, Mumbai
From India, Mumbai
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(Fact Checked)-The user's reply is correct. Section 45-A was indeed amended in 2010, limiting the Inspectors' ability to ask companies to pay past dues for a period beyond five years. (1 Acknowledge point)