Effective Date

Locations

Acts

 Gazette Notifications

Released Date: 13th Feb, 2017

Central

Reduced Rate Of Contribution Applicable To Newly Implemented Areas Under ESIC

As per amendment to the Employee State Insurance (Central) Rules, 1950 vide Labour department notification G.S.R. 959 €, whereas for areas in which ESI Act was newly implemented the rate of contribution was reduced for employer to 3% and for employee to 1%. For further clarification, the Labour department has released the notification No. P-11/12/Misc./01/2016-Rev.II which requires that employers who are newly registered in areas in which ESI Act was newly implemented between 01.04.2016 and 05.10.2016, have to pay full contribution from date of registration or implementation till 05.10.2016. Thereafter from 06.10.2016, employers shall pay contribution at reduced rate (for employer to 3% and for employee to 1%) for a period of two years with effect from 06.10.2016

Effective Date: 13th Feb, 2017

Disclaimer: The information contained in this website is for general information purposes only. The information is provided by www.simpliance.in, a property of Simpliance Technologis Pvt. Ltd. While we endeavour to keep the information up to date, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
For any suggestions or feedback write to us at helpdesk@simpliance.in

Simpliance Technologies Pvt. Ltd.

No 6/A, 1st Floor, AVS Compound,

AVS Layout, 4th Block, 80ft Road

Koramangala, Bengaluru: 560034

Karnataka, INDIA

Click Here To Locate Us

Sales Enquires

sales@simpliance.in

+91 90080 00985

Technical Support

helpdesk@simpliance.in

+91 99020 00606

Follow Us On


ABOUT SSL CERTIFICATES