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ESI Limits and rates thereon

Allied Laws - Started By: - Ashwani Rustagi - Dated:- 28-1-2017 Last Replied Date:- 30-1-2017 - Effective from 01-January-2017, for deduction of ESI, salary limit has been increased from INR 15,000/- to INR 21,000/-. There was also proposal for reduction ESI rate from existing rate of 1.75% for employee and 4.75% for employers. Is there any update on this? - Reply By Ganeshan Kalyani - The Reply = In my view there is no amendment for rate. - Reply By YAGAY AND SUN - The Reply = The rates are rev .....

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on rate to 4%The Centre has proposed a reduced rate of contribution from companies towards the health insurance scheme for workers in areas where it plans to set up a dispensary or a hospital for the first time.393 districts: The ministry has proposed that employers contribute four per cent, instead of 6.5 per cent of a worker s income towards the Employees State Insurance (ESI) scheme, as per the draft rules dated July 25, reviewed by The Hindu. At present, the ESI Corporation has a presence in .....

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