Showing posts with label ESIC Act. Show all posts
Showing posts with label ESIC Act. Show all posts

Wednesday, March 18, 2020

ESIC Allowed to file Non remitted employees ESI contribution for the period of Apr'19 to Sept'19 up to 15th Mar'2020


Dear All,

Greeting!!!!!

Please find attached ESI Notification, now ESIC Allowed to file Non remitted employees ESI contribution for the period of Apr'19 to Sept'19 up to 15th May'2020.


According to the notification, ESIC has been given one time opportunity (One time relaxation) to those Employers who did not file ESI Contribution for the period of Apr'2019 to Sept'2019 within 42 days after end of contribution period. And now Employers are allowed to file this contribution up to 15th Mar'2020.
Further, it is made clear that -

     1. This one-time relaxation is limited to the contribution period 
         ending September, 2019 only and no further relaxation in limitation 
         for other contribution period is allowed.

    2. Such relaxation is not extended to other older or new contribution period.
















Monday, August 12, 2019

ESIC Contribution Rate Reduction w.e.f July'2019


ESIC Contribution Rate Reduction w.e.f July'2019

ESIC – Contributions rate reduction w.e.f July'2019
Govt. of India has taken a historic decision to reduce the rate of contribution under the Employee's State Insurance Act, 1948        


ESIC Amended vide the notification dated 13/06/2019 the  ESIC (Central) Rules, 1950, whereby rate of Employer's contributions has been revised from 4.75% to 3.25% and for Employee's has been revised from 1.75% to 0.75%.

Reduced rates will be effective from 1st July 2019.

Image result for rate reduction pictures                                         

Sunday, July 2, 2017

Now ESIC require to pay before and on 15th of the Month

Whereas the draft rule under ESIC published on 1st April-2017, in which ESIC proposed to change last payment due date of ESIC Contributions, required to replace with "before 15th of every month in 
wages dues falls" in place of "before 21st of the month in which wages dues falls" as well as sets 30 days for observation of Objection with valid reason form employers, if any.
Now after the rule changed as per amendment ESIC contribution shall be payable before and on 15th instead of 21st. This rule should be implemented w.e.f. June-2017. 
Hence ESIC Contributions for the month of June-2017 shall be paid before and on 15th July-2017.





Monday, December 26, 2016

Employees’ State Insurance (Central) Third Amendment Rules, 2016

MINISTRY OF LABOUR AND EMPLOYMENT
NOTIFICATION
New Delhi, the 22nd December, 2016

G.S.R. 1166(E).—Whereas certain draft rules further to amend the Employees’ State Insurance (Central) Rules, 1950 were published in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (i) vide number G.S.R. 957(E), dated the 6th October, 2016, as required by sub-section (1) of section 95 of the Employees’ State Insurance Act, 1948 (34 of 1948), inviting objections and suggestions from all persons likely to be affected thereby before the expiry of a period of thirty days from the date on which the copies of the Official Gazette in which the said notification was published were made available to the public;

And whereas, the copies of the said Official Gazette were made available to the public on the 6th October, 2016;

And whereas, objections and suggestions received from persons likely to be affected thereby have been considered by the Central Government;

Now, therefore, in exercise of the powers conferred by section 95 of the said Act, the Central Government, after consultation with the Employees’ State Insurance Corporation, hereby makes the following rules further to amend the Employees’ State Insurance (Central) Rules, 1950, namely:-


  1.  
    1. These rules may be called the Employees’ State Insurance (Central) Third Amendment Rules, 2016.
    2. They shall come into force from 1st day of January, 2017. 
  2. In the Employees’ State Insurance (Central) Rules, 1950, in rule 50, for the words “fifteen thousand rupees” occurring at both the places, the words ‘twenty one thousand rupees” shall be substituted.
[F. No. S-38012/02/2013-SS-I]
RAJEEV ARORA, Jt. Secy.

Note: The principal rules were published in the Gazette of India vide notification number S.R.O. 212 dated the 22nd June, 1950 and lastly amended vide notification number G.S.R. 959(E), dated the 6th October, 2016.


For Complete Notification Please find the link below


Contributor:- Time Rahul

Sunday, December 18, 2016

ESIC - Contributions rate reduced in the first time implemented area

ESIC Amended vide the notification dated 06/10/2016 the rule 51 of ESIC (Central) Rules, 1950, rule 51B inserted, whereby rate of employer's contributions has been revised to 3% from 4.75% of  wages and for employees has been reduced to 1% from 1.75% of wages in the first time implemented areas.


Now technically it is available with on-line portal of ESIC. The effect of the reduction will be lasted for first 24 months.









Find Notification