An employee receiving a salary less than ₹15,000 and contributing to ESI. However, six months before his retirement, his salary is increased to above ₹15,000, and his contribution has not been paid for the last six months.
My question is, "Can this employee now avail the benefits of ESI by paying Rs. 120 per annum?"
From India, Jalandhar
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My question is, "Can this employee now avail the benefits of ESI by paying Rs. 120 per annum?"
From India, Jalandhar
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Payment of Contributions in ESI
Payment of contributions should be done according to two contribution periods in ESI:
1) 1st April to 30th September
2) 1st October to 31st March.
If an employee's salary increases during any of the contribution periods, contributions must be paid until the period ends.
Eligibility for Benefits
Regarding benefits, an employee is eligible for benefits when he works for 172 days in a year.
Regards,
Ravichandra
From India, Hyderabad
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10Payment of contributions should be done according to two contribution periods in ESI:
1) 1st April to 30th September
2) 1st October to 31st March.
If an employee's salary increases during any of the contribution periods, contributions must be paid until the period ends.
Eligibility for Benefits
Regarding benefits, an employee is eligible for benefits when he works for 172 days in a year.
Regards,
Ravichandra
From India, Hyderabad
Acknowledge(0)Amend(0)
There is a condition of five years of being insured under the ESI Act, 1948, and the rules/regulations framed thereunder. Please refer to Rule 61 of the ESI (Central) Rules, 1950. For more information, you may contact the appropriate branch office of ESIC in the area where the unit of the said retired insured person is located.
From India, Noida
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From India, Noida
Acknowledge(2)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
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