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
From India, Mumbai
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 gross is deducted from employee's salary as contribution towards ESI.
It is a statutory requirement.
rolly
From India, New Delhi
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 gross is deducted from employee's salary as contribution towards ESI.
It is a statutory requirement.
rolly
From India, New Delhi
Just to add..the 10K limit is effective from 1st Oct 2006 as per new notification.. — Joydeep
From India, New Delhi
From India, New Delhi
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
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
hai this is harsha who r getting less than or equal to 10000 gross salary those people are eligible for ESI. u can deduct 1.75% from employee and 4.75% will pay to ESI corporation from employeer (this caliculation depend on Gross salary). u submit challans of this esi on or before 15th date on preceding month that challan will eposit in SBI if u want to more information call me on 9966262626 ok bye
From India, Visakhapatnam
From India, Visakhapatnam
The ESI Scheme is implemented area -wise in a phased manner .New Geographical area are notified for implementation ,from time to time, by state/ central gov,taking into consideration the density of cover able industrial population within a given geographical area called a" center".
the provision of the ESI Act have been extended gradually to the following classes of the establishment under section 1 (5) of the act ,by most of state government
a shops
b hotels & restaurant
c road motors transport undertakings
d cinemas
e news paper establisments
contact
Mr Gurvinder Singh( chief Consultant)
Bharat Personal Services
09414359895
From India, Jaipur
the provision of the ESI Act have been extended gradually to the following classes of the establishment under section 1 (5) of the act ,by most of state government
a shops
b hotels & restaurant
c road motors transport undertakings
d cinemas
e news paper establisments
contact
Mr Gurvinder Singh( chief Consultant)
Bharat Personal Services
09414359895
From India, Jaipur
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