Is ESIC mandatory for employees earning less than Rs. 17,000 a month, or can a company provide them with private insurance? We have been covering our janitorial staff with private insurance for the past 3 years - ever since we started operating the company in India. Now, we're being told by our accounting consultant that ESIC is mandatory for staff earning under Rs. 22,000. Okay, but is there an issue if we provide them with better coverage than what ESIC will provide?
From United States, Livermore
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From United States, Livermore
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Employee Benefits.doc
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