Dear Seniors, Please let me know the ceiling of ESIC has been increased or not, If yes , share the notification please.
From India, Coimbatore
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9From India, Coimbatore
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Dear Varun, There is no notification released as of now for the increment of ceiling limit of ESI. I guess it will get released by the end of financial year.
From India, Kollam
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From India, Kollam
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Dear Varun , Your query is very good. Present limit is Rs:15000/-. can you share from were you got the info esic limit is Rs:25000/- from 15000/-. Regards
From India, Hyderabad
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From India, Hyderabad
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Dear all,
The current wage ceiling of ESIC is 15,000. However, a bill was passed a few months ago to raise it to 25,000 (this information was circulated via the media), but it has not yet come into effect. I believe the effective date will be communicated soon.
From India, Alappuzha
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The current wage ceiling of ESIC is 15,000. However, a bill was passed a few months ago to raise it to 25,000 (this information was circulated via the media), but it has not yet come into effect. I believe the effective date will be communicated soon.
From India, Alappuzha
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Dear Varun Kumar, There was news in medias that it is decided to hike the ESI ceiling limit from Rs. 15000 to Rs. 25000. But, to my knowledge, the notification didn’t release yet. Abbas.P.S
From India, Bangalore
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From India, Bangalore
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Dear All, Greetings Kindly go through the press note for revision of ESIC Cealing limit from 15,000/- to 25,000/- the GO may released by the month on March 2014..... Regards Sathish G
From India
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From India
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Mr. Varun,
The ESIC Wage Limit as of now stands at Rs. 15,000. The Central Labour Minister had made a populist announcement of raising the wage limit to Rs. 25,000. However, there is no notification to that effect as of now.
Thanks and Regards,
From India, Pune
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The ESIC Wage Limit as of now stands at Rs. 15,000. The Central Labour Minister had made a populist announcement of raising the wage limit to Rs. 25,000. However, there is no notification to that effect as of now.
Thanks and Regards,
From India, Pune
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Dear Cite HR Fellows,
How should corporate employees and employers accept the raising of the limit for ESI deductions? I have the following 2 questions:
1. Has the ESI department added additional hospitals to provide services to accommodate the possibly increased number of members?
2. Is the ESI department in agreement with the market of medical insurance providing companies or with IRDA rules regarding contribution costs?
Thank you.
From India, Delhi
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How should corporate employees and employers accept the raising of the limit for ESI deductions? I have the following 2 questions:
1. Has the ESI department added additional hospitals to provide services to accommodate the possibly increased number of members?
2. Is the ESI department in agreement with the market of medical insurance providing companies or with IRDA rules regarding contribution costs?
Thank you.
From India, Delhi
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Dear Sirs,
I understand that the appropriate Government (Ministry of Labour & Employment, Central Government) has not so far issued a notification of its intention to amend Rule 50 of ESI (Central Rules), 1950 regarding the enhancement of the wage ceiling under the ESI Act, 1948. Therefore, till date, the wage ceiling is up to and including Rs. 15,000 per month only and has not been enhanced.
The issue of additional medical facilities for employees receiving wages within the range of Rs. 15,001 to 25,000 is a very relevant matter, and this aspect can be raised by the affected persons (i.e., employees, employers, and their trade unions/employers' associations) after the notification of intention is issued by the appropriate government.
The ESI Act, 1948 is a mechanism through which social security benefits are provided to employees in cases of sickness, maternity, employment injury, etc. It is different from commercial insurance. The provisions of benefits under the ESI Act, 1948 have no relevance to IRDA Rules or Medical Insurance Policies as offered by different commercial Insurance Companies. Furthermore, the level of medical facilities provided by commercial insurance companies is limited to the extent of the contract (for which the premium is to be paid), whereas under the ESI Act, 1948 and rules/regulations framed thereunder, there is no such limit as far as medical benefits are concerned.
Thank you.
From India, Noida
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I understand that the appropriate Government (Ministry of Labour & Employment, Central Government) has not so far issued a notification of its intention to amend Rule 50 of ESI (Central Rules), 1950 regarding the enhancement of the wage ceiling under the ESI Act, 1948. Therefore, till date, the wage ceiling is up to and including Rs. 15,000 per month only and has not been enhanced.
The issue of additional medical facilities for employees receiving wages within the range of Rs. 15,001 to 25,000 is a very relevant matter, and this aspect can be raised by the affected persons (i.e., employees, employers, and their trade unions/employers' associations) after the notification of intention is issued by the appropriate government.
The ESI Act, 1948 is a mechanism through which social security benefits are provided to employees in cases of sickness, maternity, employment injury, etc. It is different from commercial insurance. The provisions of benefits under the ESI Act, 1948 have no relevance to IRDA Rules or Medical Insurance Policies as offered by different commercial Insurance Companies. Furthermore, the level of medical facilities provided by commercial insurance companies is limited to the extent of the contract (for which the premium is to be paid), whereas under the ESI Act, 1948 and rules/regulations framed thereunder, there is no such limit as far as medical benefits are concerned.
Thank you.
From India, Noida
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Dear All,
It is clear that ESIC ceiling limit will increase soon from Rs. 15,000 to Rs. 25,000, but there is doubt about employees' benefits as a whole. In every company, there is a fixed budget for salaries, including statutory liabilities, which adversely affects employees' earnings, such as salary, incentives, bonus, group mediclaim, etc. On the other hand, the quality of services provided by ESIC is not up to the mark. Its dispensaries are limited in number and working hours. Furthermore, ESIC has no tie-up with local reputed hospitals, and there is also partiality observed in referring to private hospitals.
Let us hope for qualitative services from ESIC without any partiality.
From India, Vadodara
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It is clear that ESIC ceiling limit will increase soon from Rs. 15,000 to Rs. 25,000, but there is doubt about employees' benefits as a whole. In every company, there is a fixed budget for salaries, including statutory liabilities, which adversely affects employees' earnings, such as salary, incentives, bonus, group mediclaim, etc. On the other hand, the quality of services provided by ESIC is not up to the mark. Its dispensaries are limited in number and working hours. Furthermore, ESIC has no tie-up with local reputed hospitals, and there is also partiality observed in referring to private hospitals.
Let us hope for qualitative services from ESIC without any partiality.
From India, Vadodara
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ESIC Ceiling 10000 to 15000.pdf
ESIC approves enhancement of wage ceiling from 10.doc