Labour Law Consultants (PF, ESIC, MLWF, PF, etc.)
In a bid to widen the social security safety net, the Labour Minister, Mr. Sis Ram Ola, has announced that people drawing a salary up to Rs. 25,000/- shall be covered under the ESI Scheme. Currently, the benefit is available to people drawing a salary up to Rs. 15,000/- only. The decision to extend the coverage was made on Thursday, 19th September 2013. The last increase in the salary ceiling for ESI was in May 2010 when it was raised to Rs. 15,000/- from Rs. 10,000/-.
This change will impact the take-home salary of employees currently in the salary bracket of Rs. 15,000/- to Rs. 25,000/-. Additionally, it will increase the ESI contribution and compliance requirements for employers.
From India, Thana
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59In a bid to widen the social security safety net, the Labour Minister, Mr. Sis Ram Ola, has announced that people drawing a salary up to Rs. 25,000/- shall be covered under the ESI Scheme. Currently, the benefit is available to people drawing a salary up to Rs. 15,000/- only. The decision to extend the coverage was made on Thursday, 19th September 2013. The last increase in the salary ceiling for ESI was in May 2010 when it was raised to Rs. 15,000/- from Rs. 10,000/-.
This change will impact the take-home salary of employees currently in the salary bracket of Rs. 15,000/- to Rs. 25,000/-. Additionally, it will increase the ESI contribution and compliance requirements for employers.
From India, Thana
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No official notification on the date of applicability is made yet. It is likely to start from Oct or Nov 13.
From India, Thana
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From India, Thana
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Dear All, It will effect to Company as the Slab change from 15000/- to 25000/-.
From India, Surat
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From India, Surat
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Team, can you please share me once you receive the notification from ESIC regarding the revised ceiling Rs 25,000/ —
From India, Madras
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From India, Madras
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Dear Sir, Please Help me that E.S.I Slab is been 15000 to 25000. can any one of my friend sent me notification.
From India, Bangalore
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From India, Bangalore
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Dear All,
The announcement about the increase in the salary cap from 15000/- to 25000/- Rs. for ESIC has been made. However, the official notification about its applicability and the date of applicability is yet to be made. Until an official notification is made on this, ESIC calculation is to be done considering Rs. 15000/- as the salary cap.
From India, Thana
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The announcement about the increase in the salary cap from 15000/- to 25000/- Rs. for ESIC has been made. However, the official notification about its applicability and the date of applicability is yet to be made. Until an official notification is made on this, ESIC calculation is to be done considering Rs. 15000/- as the salary cap.
From India, Thana
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My name is Swami, Senior Officer HR from Pune. As per the feedback from all 1700 employees and top management, it is very bad news for us. No one is happy in my organization due to this bad decision taken by the government, and I believe every HR professional is well aware of this. "Fight for Right."
From India, Pune
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From India, Pune
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HC All - Trainees not covered for PF -2010.pdf
Salary-Note.doc
SALARY SHEET CALCULATION.xls