Dear All,
This is for information to all concerned members that ESIC has inceased rates of the following cash benefits without increasing the contribution rates:
1. Daily rate of SICKNESS BENEFIT encashed from about 50% of the wages to about 60% of the wages.
2. The daily rates of DISABLEMENT BENEFIT enhanced from about 70% of the wages to about 75% of the wages.
3. The daily rates of DEPENDANT BENEFIT enhanced from about 70% of the wages to about 75% of the wages.
4. The rate of FUNERAL EXPENSES enhanced from Rs. 2500/- to Rs. 3000/-
Regards,
Vaibhav
From India, Aurangabad
4This is for information to all concerned members that ESIC has inceased rates of the following cash benefits without increasing the contribution rates:
1. Daily rate of SICKNESS BENEFIT encashed from about 50% of the wages to about 60% of the wages.
2. The daily rates of DISABLEMENT BENEFIT enhanced from about 70% of the wages to about 75% of the wages.
3. The daily rates of DEPENDANT BENEFIT enhanced from about 70% of the wages to about 75% of the wages.
4. The rate of FUNERAL EXPENSES enhanced from Rs. 2500/- to Rs. 3000/-
Regards,
Vaibhav
From India, Aurangabad
Hi Vaibhav, Thanx for the update.. can u attach the ESI Circular in this regard.. Regards, Amarnath
From India, New Delhi
From India, New Delhi
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ESIC Wage Limit Increased.JPG
ESIC ELIGIBLITY LIMIT IS LIKELY TO BE INCREASED - The Hindu.pdf