ESIC Latest Updates : ESIC Payroll Updates

ESIC Employee Enrollment within 10 days

Dear All, Attention provisions of Section 11 of THE EMPLOYEES’ STATE INSURANCE (GENERAL) REGULATIONS, 1950 which deals with Declaration by person in employment on appointment day in Form 1. This section implies that employees who are entitled to be enrolled under ESIC shall submit correct particulars with his/her photograph and that of his/her family] required […]

ESIC Latest Updates : ESIC Payroll Updates

ESIC Reduced both Employee and Employer Contribution

Click here to download notification 1 Click here to download notification 2 In a historic decision, the Union government has cut the contributions made by employers and employees toward the health insurance scheme of Employees’ State Insurance Corporation (ESIC). The total contribution has been cut to 4 per cent from the current 6.5 per cent. […]

ESIC Latest Updates : ESIC

ESIC-Funeral Expenses

Click here to download notification Click here to download form No-22 We wish to bring your attention to Gazette Notification No. G.S.R 169(E) dated 1st March 2019 issued Ministry of Labour and Employment enhancing the reimbursement of Funeral Expenses from INR 10,000/- to INR 15,000/- effective date of notification. Claim Funeral Expense ESIC has prescribed […]

ESIC

ESIC Draft Rules to Reduce Contribution Rates

Click here to download notification Ministry of Labour and Employment has issued Gazette Notification G.S.R 121 (E) dated 15/02/2019 notifying Draft Rules proposing to reduce Employee Contribution for ESIC to 1% from 1.75% and Employer Contribution to 4% from 4.75 %.  Currently, the employee’s ESI contribution rate is 1.75% of the wages and that of […]