Govt amends ESIC contribution norms, increases maternity benefit entitlement to members

“In the Employees’ State Insurance (Central) Rules, 1950, rule 51B shall be omitted,” it said in a gazette notification. Rule 51 B of the ESIC Rules provides for employers’ contribution at the rate of 3% of the wages of the employee and employees’ contribution at 1% for initial two years in areas where the Act is implemented for the first time.

from Personal Finance News-Wealth-Economic Times https://ift.tt/31N4dxC