What is Employees State Insurance? Actual payments made towards leave Salary, lay off compensation, or wages for strike period. The Government has decided to increase the salary limit for coverage of ESI from Rs 15000 to Rs 25000. ESIC Registration Benefits, Eligibility, Contribution Percentage, Salary Limit, Procedures and Statutory Compliances. Further, it would have the impact of increasing the ESI contribution on the employer’s part as well as the compliance. Please share if anybody has the relevant notification from the ESIC Regards, Madhu.T.K 20th September 2013 From India, Kannur But after that there is no further step form Employee State Insurance Corporation to increase the salary threshold limit to 25000 Rs. DEFINITIONS/KEY WORDS 15-24 . - 0.75% of employee's salary is contributed at present - The employer contributes 3.25% to ESIC - Average salary per day of employees Rs 137. The date of effect is not known. This booklet is only for awareness purpose and can’t be referred/ quoted as legal document . 21,000, till the end of the contribution period , that is 31st March. Related topics: Coverage threshold limit for PF is … 21,000 and hence this employee should cease to fall within the limit. Employees’ State Insurance Corporation (“ESIC”) is a statutory corporate body set up under the ESI Act 1948, which is responsible for the administration of ESI Scheme. But as per the ESI Scheme, even after the revised salary, this employee will continue to fall within the limit of Rs. 21000 … Benefits of ESIC - The scheme is only valid for a salary purview of up to Rs 21,000 - The salary limit under ESIC was earlier Rs 15,000 - Medical facilities to employee and family LIST OF ESI BENEFITS & CONTRIBUTORY CONDITIONS 25-29 Index Pages . There are so many queries and doubts that is there any notification of increasing ESIC wage ceiling from 15000 to 25000. ESI SCHEME . Further, the board has given the option to the people who are already insured to continue their membership even if the salary is above the limit of Rs 21000 per month. The logic is that since salary for ESI coverage limit is Rs 15,000 per month, there is no need to calculate ESI on any amount above Rs 15,000. As we all know that from 1 January 2017 the ESIC contribution salary is increased to 21000 Rs.. 15,000/- to Rs. This revised salary is above the limit of Rs. 25,000/-. Regular Honorarium or salary or remuneration paid to a Director; Collection Batta paid to running staff. But as per the ESI Scheme, even after the revised salary, this employee will continue to fall within the limit of Rs. This revised salary is above the limit of Rs. 21,000 and hence this employee should cease to fall within the limit. EMLOYER & EMPLOYEE RELATED 2-14 . The move would impact an employee’s take home salary for those who are currently in the salary range of Rs. 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