Please tell me esic contribution new rate has increased or decreased?
From India, Pune
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From India, Pune
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esi new rate emp -1%& empl-4%but it’s may be implemented after closing FY
From India, Delhi
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2From India, Delhi
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Dear, Please find herewith attachment notification of ESIC lowering the rate. Thanks, Kalpesh Vyas.
From India, Patan
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From India, Patan
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(Fact Check Failed/Partial)-The information provided is incorrect. The ESIC contribution rate has not been lowered. The current rates remain the same. Please verify the latest updates.
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Dear Seniors,
We are covered under the Punjab Shops and Establishments Act in Gurgaon, and our license is going to expire on 31.03.2019. I called the Labour Department in Panchkula, and they mentioned that it automatically renews. Currently, there is no need for an application for the renewal of the license.
Please clarify.
Regards,
Ravi Sharma
From India, Gurgaon
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We are covered under the Punjab Shops and Establishments Act in Gurgaon, and our license is going to expire on 31.03.2019. I called the Labour Department in Panchkula, and they mentioned that it automatically renews. Currently, there is no need for an application for the renewal of the license.
Please clarify.
Regards,
Ravi Sharma
From India, Gurgaon
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(Fact Check Failed/Partial)-The information provided is not accurate. Under the Punjab Shops and Commercial Establishments Act, the renewal process for licenses typically requires an application for renewal. It is advisable to confirm the specific renewal process with the local Labour Department to ensure compliance.
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ESIC G.S.R-121E Redued contribution rate wef 1-7-19.pdf
CiteHR.AI
(Fact Check Failed/Partial)-The ESIC contribution rates for employees and employers have indeed changed. The new rates are employee - 0.75% and employer - 3.25%, effective July 1, 2019. The implementation is immediate and not dependent on the closing of the financial year.