ESIC limit increased to Rs 21000 circular was released in the year 2016 but the increased ESI contribution salary limit is effective from 1 Jan 2017. Required fields are marked * Comment. ESIC Further Extends Period for Filing ESI Contribution. HR trends, Productivity, Performance and topics related to Employee Engagement garner most of her writing interest here. In order to submit a comment to this post, please write this code along with your comment: 89146a63279723ebf7eaf7a6871edac9. The new ESIC threshold limit has included more than 50 Lakhs of employees in Employee State Insurance Scheme so it will benefit both IPs and family members of insured persons. Website Manager, with the request to upload the above letter on the website of ESI Corporation. Collection of ESI Contribution It is the employers responsibility to contribute to the ESI fund by deducting the employees’ contribution from wages and combining it with their own contribution. 1. The ESI contribution rate, which had remained unchanged since January 1, 1997, is being reduced from July 1, 2019. The contributions are payable on maximum wage ceiling of Rs. On 27 October 2020, the Ministry of Labour and Employment (MoLE) announced an amendment to Rule 51B of the Employees’ State Insurance Corporation (ESIC). Employees’ State Insurance is a social security scheme that benefits employees working in India for health related problems. As per the notification received from ESIC department the ESIC contribution for the month of February 2020 and March 2020 can be filed and paid up to 15th April … Thus, a total of 4% (employee + employer) is deposited as the ESI contribution in the account of the employee that he/she can withdraw in case of any medical emergency such as disability, maternity, unemployment among others. upto 11.11.2020. size:(742.93 KB) . Inform under which rules can employer shows EPF and ESI contribution sheet of employees to company owner where our security guards deployed. Let us now understand the concept with a simple example. Keeping in view problems faced by the employers during the covid-19 pandemic, ESIC has further relaxed provisions w.r.t filing of monthly ESIC contribution. ESIC vide circular No.P-11/12/Misc/SST Misuse/2019-Rev. **** Text of the Circular is as follows:-EMPLOYEES STATE INSURANCE CORPORATION PANCIIDEEP BHAWAN, C.I.G. After performing the relevant verifications, the ESIC office issues an ESI card to the applicant/employee. In continuation of this office letter of even number dt. To pay contribution on higher wages, a joint request from Employee and employer is required [Para 26(6) of EPF Scheme]. Q&A: ... 24th November 2020 10:28 AM. Today 13th Apr 2020 ESIC (employee state Insurance Corporation) relaxed employers for the submission of monthly contribution for the month of Feb 2020 due till May 2020 … NEW DELHI – 110 002 Copyright © TaxGuru. ESIC has done one more action generously , ESIC is allowed to pay and file the ESI contribution by employer for the period of April 2019 to Sep 2019 till 15th May 2020 as one time opportunity. All RDs/Directors (I/c)/JDs (I/c) /DD (Pc) ESIC has done one more action generously , ESIC is allowed to pay and file the ESI contribution by employer for the period of April 2019 to Sep 2019 till 15th May 2020 as one time opportunity. PANCIIDEEP BHAWAN, C.I.G. P-11/12/Misc./1/2019(M)-Rev.II dated 18th March, 2020 ESIC department has further extended the due date and provide Relaxation of time limit for filing and depositing ESI Contribution for the month of February, 2020 and March 2020. As per the latest rules laid out by ESIC, the employees get 0.75% deducted from their respective gross salaries, whereas the employers make an ESI contribution of 3.25% of the employee’s gross pay towards ESI. The Employees State Insurance Corporation has further extended the deadline for filing insurance contribution by a month, following the extension of lockdown till May 3. How To Set Up Payroll For Your Startup In India? Penalty for Delayed Payment. 3.49 Crore IPs and 12,11,174 Employers to be Benefitted 3.49 crore Insured Persons (IPs) and 12,11,174 employers will get relief with the extension of period for filing the return. 01.07.2019) is 0.75% of the wages and that of employer's is 3.25% of the wages paid/payable in respect of the employees in every wage period. If the Gross Salary of an employee is INR 15,000, The Employee’s share of contribution would be: 0.75/100 * 15,000 = INR 112.5, And, the Employer’s share of contribution would be: 3.25/100 * 15,000 = 487.5, Hence, the total ESI contribution would be: 112.5 + 487.5 = INR 600. still we have not filed ESIc return for the m/o March, 020. ESI calculations show that this … “The ESI contribution for the month of February 2020 and March 2020 can be filed and paid up to April 15, 2020 and May 15, 2020 instead of March 15, 2020 and April 15, 2020 respectively,” it said. Your email address will not be published. 42nd GST Council meeting outcome : Key highlights, AGM Extension 2020 – Provisions and Drafts, White Collar Crime: Social, Economic and Legal Aspects, IBBI Invites comments on Pre-packaged Insolvency Resolution Process, Revamping Corruption Laws- Need of the Hour, Highlights of Major Decisions/Initiatives of MHA in Year 2020. ROAD This issues with the approval of Director General. Reply. The employee can pay at a higher rate and in such case employer is not under any obligation to pay at such higher rate. December 2, 2020. The principles stated for the PF contribution shall equally apply for the ESI contribution while reporting the due date in clause 20(b) of Form 3CD. If 12500 is inclusive of both contributions i.e. Working professionals registered under the ESI Act, 1948 are offered full medical care at the time of incapacity to work. ESI Calculation Formula Percentages 2020 Leave a Reply Cancel reply. By June 2020, this number fell to 2.02 crore. In some months, there is a delay in deposits. To cope-up with the unprecedented situation of COVID 19, the Central government has allowed a grace period of 30 days (from 16 th April, 2020 to 16 th May, 2020) to file Electronic ... 2.1 Extension of due date of deposit of ESIC Contribution for the month of February, 2020 and March, 2020. Hence, the ESI return due date is the same as that of payment. The Employee’s share of contribution would be: 0.75/100 * 15,000 = INR 112.5. … No penalty or interest or damage will be levied on establishments during the extended period. Hi, ... Sir, My employer is a principle employer and is paying esic contribution of all his contract employees regularly. ROAD NEW DELHI – 110 002 Website – esic.in Ph : (011) 23234092. company and employee, then both the contributions will deduct from your salary otherwise only employee contribution will deduct from your salary. As per the notification received from ESIC department the ESIC contribution for the month of February 2020 and March 2020 can be filed and paid up to 15th April and 15th May 2020 instead of 15th March 2020 and 15th April 2020 respectively. Yes, it is possible to claim ESI in a private hospital. Regional Office/Sub-Regional Office. Consequences of non-payment of outstanding Annual Listing Fees for FY 2020-21 | Listed Companies – Be Alert !!!!! An employer is expected to deposit the combined contributions within 15 days of the last day of the Calendar month. January 13, 2020 0 Comments. ESIC Return Due Date. EMPLOYEES STATE INSURANCE CORPORATION ESIC,RO,Karnataka: Counselling For Admission To Paramedical Courses at ESIC Paramedical Institution, Gulbarga. size:(1.48 MB) . The notification is available under the TAB-COVID-19 on the homepage of EPFO website. Keeping in mind the effect of COVID-19, the Director-General of ESIC has now relaxed the norms of the ESI (General) Regulations, 1950. Karnataka Minimum Wages. Copyright © 2019. • Applicable: Date of their publication 07.04.2020.. 2: 50: Wage ceilings for Contributions of EPF and ESI As per NEW SOCIAL SECURITY CODE? This issues with the approval of Director General. Revised Minimum Wages in … 2: 92: Wrongly the existing employee IP was deleted from the list and his ESIC contribution … I cant file monthly contribution of march 2020, there is any way to file the same? 3.49 Crore IPs and 12,11,174 Employers to be Benefitted during Financial Year 2019-20). According, the employers are allowed to file the Return of Contribution up to 15.07.2020 for the contribution period from October, 2019 to March, 2020. Now, the employers can file ESIC contribution for the contribution period October 2019 to March 2020 up to 15th July 2020. Learn how HROne Payroll software can help you automate Payroll & stay 100% compliant! 18.05.2020 on the subject noted above, it is informed that the Director General, in exercise of powers vested under regulation 100, has further relaxed the provisions as entered in regulation 26 of the Employees’ State Insurance (General) Regulation, 1950. An intelligent enterprise-ready HCM suite that automates HR processes, simplifies human interactions and deliver actionable insights to build better workplaces. This is virtually a big relief for entrepreneurs with ESIC registration. ESIC Extends Period for Filing ESI Contribution for the month of February and March Extended upto 15 May 2020. has amended the ESIC Rules and has notified revised/ reduced ESI Contribution rates w.e.f. As of February 2020, the total number of employees covered under scheme who were paying their contribution to ESIC was 2.80 crore. When calculating ESI, the elements that comprise an employee’s gross salary include Basic Pay, Dearness Allowance, City Compensatory Allowance, House Rent Allowance, Attendance & Overtime Pays, Meal Allowance, Uniform Allowance, Incentives and other Special Allowances. Website – esic.in Ph : (011) 23234092, No.P-11/12/Misc./1/2019(M) Rev.II Dated : 01.07.2020. The scheme also provides medical help to the family members of the registered employees. 1. November 27, 2020 at 9:35 AM. ESI is applicable to organizations that have a strength of 10 or more employees working full-time with them. Press Information Bureau Government of India Ministry of Labour & Employment. On 27 October 2020, the Ministry of Labour and Employment (MoLE) announced an amendment to Rule 51B of the Employees’ State Insurance Corporation (ESIC). The rates are revised from time to time. As mandated by the ESI Act, treatment has to be taken only from the ESIC hospitals or dispensaries. For each day by which the contribution of ESI is delayed, the registered employer is charged a simple interest of 12% per annum. deepak kushik says: September 24, 2020 at 1:25 PM. Join our newsletter to stay updated on Taxation and Corporate Law. Filing Return Of ESI Contribution For The Period April 2020 To September 2020 w.e.f. II and under one time relaxation to employers has extended time of filing contribution up to 15th of May 2020 for the contribution period April 2019 to September 2019 within forty two days after the end of contribution period. Managed by ESIC under the ESI Act 1948, it is a self-financed insurance deposit that the workforce contributes to every month from their gross salary. I.e., on or before 15th of every month. Similarly, ESIC has also extended the due date of payment for the month of February 2020 and March 2020 to 15.05.2020. All Rights Reserved. As a result, ESI's contribution for February 2020 and March 2020 will now is made by 15 April 2020 and 15 May 2020 respectively. Why returns of index funds vary from its index & Other similar funds, What constitutes ‘receive’ for the purposes of claiming ITC, SEBI modifies format of Monthly Reporting of Portfolio Managers, Format of waiver to be provided by investors under SEBI (AIF) Regulations, GST TRAN-I- SC dismisses plea on merit & also for delay in Filing, What if you do not file your ITR for year ended 31st March 2020 by 31st December, Jewellery as per CBDT instruction may be treated as unexplained investment, Due Date Compliance Calendar January 2021, Join Online Certification Courses on GST covering recent changes, Applicability of Cash Flow Statement, CARO (2016 & 2020) & Internal Financial Control, Income Tax Calculator for Financial Year 2020-21 for Individuals, Further extend Income Tax Return & Audit due dates, AIFTP request for further extension of Income-tax due dates, ICAI request for further extension of TAR/ITR due dates, CA Association Criticised Action & Policies of FMO after insufficient due date extension. Digital lending apps – What to be aware of? PSE. No penalty or interest or damage will be levied on establishments during the extended period. ESIC Extends Period for Filing ESI Contribution for the month of February and March Extended upto 15 May 2020. The ESI contribution rate for FY 2019-20 stands at 4 per cent, which includes the employer contribution of 3.25 per cent and the employee’s contribution of 0.75 per cent. It is very necessary. 245 / 2020 letter no. Not file esi return till now how can file now? There are two types of benefits that one can claim as a beneficiary of the ESI scheme, as mentioned below: The ESI code number is a 17-digit number unique ID given to each of the beneficiaries of the scheme. Whether ESI return till Sep 2020 exendend further? In continuation to the Employees State Insurance Corporation, Circular no. ESIC extends last date for filing ESI Contribution for the period ending September 2020 upto January 15 Ludhiana, January 7-2021, (Jan Shakti News) Keeping in view the problem being faced by the Employers in filing ESI contribution for the contribution period April 2020 to September 2020 within 42 days, ESIC has relaxed the provisions of The Employees’ State Insurance (General) … One can get ESIC Form-9 to make a claim in case of Sickness/ Temporary Disablement/ Maternity Benefit as provided by the Employees’ State Insurance Corporation, Ministry of Labour and Employment, Government of India. The move is expected to benefit 3.49 crore insured persons under the scheme besides 12,11,174 employers. The employers do not get the deduction benefit of such contributions and end up paying income on it. Maintained by V2Technosys.com, Taxguru Consultancy & Online Publication LLP, 509, Swapna Siddhi, Akurli Road, Near Railway Station, Kandivali (East), ESI Return due date Extended till 15th July, 2020, Circular no. Today 13th Apr 2020 ESIC (employee state Insurance Corporation) relaxed employers for the submission of monthly contribution for the month of Feb 2020 due till May 2020 due to covid-19 outbreak Delayed remittance of ESIC /PF deposit will incur penal damages. Under the ESI (Central) Amendment Rules, 2020, it stated that Rule 51B shall be omitted. Uneecops Workplace Solutions Pvt. To face pandemic … Name * Email * Website. The period for filing contribution for the month of March 2020 is also 15th May 2020. Pl take the case to concerned. One more good initiative from ESIC in this Pandemic period wherein many employers were not able to pay the regular contribution for the period of Mar-2020. In this regard it is advised to give wide publicity to the above relaxation in Local Media, Trade Associations and Employers Unions etc. Copy to : ESIC Return filling and payment can be both done at the same time. 94 and company ESIC contribution will be @ 3.25% i.e Rs. December 8, 2020. 1 July 2019 (i.e. Every Best Employee Will Leave, You Better Stay Prepared. One-time Relaxation to those Employers who could not file Return of contribution for the contribution period April, 2020 to September, 2020 within 42 days i.e. because of lockdown I cant file monthly contribution of march 2020 how can i file the esic return for the month of march 20 without late fee, SIR, The ESIC has collaborated with a number of hospitals PAN India available on the ESIC online portal where one can claim the ESI amount. ... if an ESIC Hospital is declared as a dedicated COVID-19 Hospital to cater exclusively to … 24/12/2020: 236/2020: 3 Note: If there is no DA then only basic wage is considered to calculate the EPF monthly contributions. Furthermore, the ITA (Income Tax Act) also disallows ESI contributions deposited after the stipulated date. 15000/-2. P-11/12/Misc./1/2019(M)-Rev.II dated 18th March, 2020, Corporate Compliance Calendar for January 2021, Key Highlights of FSS (Labelling and Display) Regulations, 2020. Ltd. All Rights Reserved. Our contractors are asking for esic ECR … ESIC..Chinta se Mukti ... Delhi Minimum Wages, effective from 1st October 2020. The government ESIC portal ESIC Portal gives an option to the registered employers to download the ESI or penchant application form online and fill in the employee details. Under the ESI (Central) Amendment Rules, 2020, it stated that Rule 51B shall be omitted. • Overview: Employees State Insurance Corporation (ESIC), Regional Office North East Region, Assam, vide Console Sl. Ludhiana, January 7-2021, (Jan Shakti News) Keeping in view the problem being faced by the Employers in filing ESI contribution for the contribution period April 2020 to September 2020 within 42 days, ESIC has relaxed the provisions of The Employees’ State Insurance (General) Regulations, 1950. One can generate this number through ESIC portal on submission of the pertinent information by the employer. ESIC CONTRIBUTION REDUCED NOTIFICATION. What is the penalty for late/non-payment of ESI? She has done Bachelors in Journalism from Delhi University and carries several years of experience in content development. Required fields are marked *, Notice: It seems you have Javascript disabled in your Browser. The employee then needs to do some needful like attaching a family photograph to the form and duly attesting it. Apart from ESI, there are other employee benefits that every professional must know. The employers are allowed to file the return of Contribution up to 15th July, 2020 for the contribution period from October, 2019 to March, 2020. The ones getting monthly wages of more than this amount have an option to make a choice of getting the fund deducted or not. It is compulsory for every working professional who earns less than INR 21,000 a month to get registered under this scheme. 3.49 crore Insured Persons (IPs) and 12,11,174 employers will get relief with the extension of period for filing the return. Hence, the total ESI contribution would be: 112.5 + 487.5 = INR 600 In this regard it is advised to give wide publicity to the above relaxation in Local Media, Trade Associations and Employers Unions etc. According, the employers are allowed to file the Return of Contribution up to 15.07.2020 for the contribution period from October, 2019 to March, 2020. The ESIC Department considering the hardships caused due to COVID-19 Pandemic & Lockdown in the Country has decided to provide relaxation through further extension of ESI Contibution due date for February 2020 by 75 days. Threads Tagged with Esic Contribution. Currently, the employee's contribution rate (w.e.f. ESIC Further Extends Period for Filing ESI Contribution. Non-payments, delays, and fraud activities in ESI payment may also lead to imprisonment for a period of upto 2 years and a fine of INR 5,000. 2. And, the Employer’s share of contribution would be: 3.25/100 * 15,000 = 487.5. No. Office for necessary action. 3. ICT Division, Hqrs. 1,119 total views. Thank You. It is allotted to each of the factories/establishments registered under the provisions of the ESIC Act,1948. Govt. 06/01/2021: 238/2021: 2: ESIC,RO,Karnataka: Counselling Notice for Diploma in Paramedical Courses at ESIC Paramedical Institution, Gulbarga, Karnataka for the year 2020-21 size:(353.35 KB) . There are two ESIC contributions, employee ESIC contribution will be @0.75% i.e. During leisure, she loves to write and talk about fashion, food & life. The period for filing contribution for the month of March 2020 is also 15th May 2020. Rule 51B dealt with the rate of employee contribution. 1.1 Extension of due date of payment of PF contribution and filing ECR for March, 2020. One-time Relaxation to those Employers who could not file Return of contribution for the … Therefore one time relaxation is limited to the contribution period ending September 2019 only and such relaxation is not extended … New rate of Employer's ESI contribution is 3.25% (reduced from 4.75%) and Employee's ESI contribution is 0.75% (reduced from 1.75%). Facebook Twitter Google+ WhatsApp LinkedIn. On the 68th anniversary of the ESI scheme, the ESIC Special Service Fortnight is being celebrated from 24th February 2020 to 10th March 2020. 407. Rs. Delayed payment of PF/ESIC Contribution & its deduction in the hands of the employer . ESI Return due date Extended for October – 2019 to March 2020 Period. The employers are allowed to file the return of Contribution up to 15 th July, 2020 for the contribution period from October, 2019 to March, 2020. 15th September 2020 01:47 AM. 2021-01-01: 6441/2021: 7: E.I: 01-01-2021 To PF Calculation Formula Percentages 2020 So total employee will contribute 12% of basic wage + DA for PF and employer will pay 13% towards employee PF and pension accounts together. What is the eligibility and applicability for ESI contribution? How can I file the same with or without the late fee ? Accordingly, one-time opportunity has been given to those Employers who could not It has omitted the provision of the lowered rate of contribution by employees and employers to the Employees' State Insurance … There are several important questions that pop up in the heads of working professionals such as what is the rate of ESI contribution, how to calculate ESI, what is the formula to check the deduction and many more. Financial assistance is given to cover the loss incurred from the absenteeism from work due to sickness, maternity, disability, or injury during employment. Query 1] From the salary payment to our employee, we are deducting employee’s share of ESIC/PF every month & the same is deposited by us along with employer’s share under the ESIC/PF scheme. employee benefits that every professional must know. However, in case of emergency, if the treatment is taken from a private hospital, one can raise a claim with the ESIC subject to ESIC approval and only then the reimbursement of the expenses will be processed. Sukriti Saini works as a content marketing strategist at HROne. Rule 51B dealt with the rate of employee contribution. Press Information Bureau Government of India Ministry of Labour & Employment. 736,957 total views. 3: 107: Payment of PF and ESIC contribution before Workers Salary is correct or not ? how can we file monthly contribution for april 20 ie,on lockdown time ,there is no work whole month, Your email address will not be published. ... benefit entitlement to its insured members in the case of confinement from Rs 5000 to Rs 7,500 via an amendment to the Employees' State Insurance Corporation (ESIC) Act. Looking at the current situation, ESIC has opened the Contribution Period Oct-2019 to Mar-2020 & those employers were not able to pay the contribution can pay by 15th July 2020. You can report due dates as per the extension, subject to specific mentioning of the extension order in the tax audit report. The reduction in statutory rate of contribution from 12% to 10% for wage months May 2020, June 2020 and July 2020 has been notified vide SO 1513(E) dated 18.0.2020 published in Gazette of India. P-11/12/Misc./SST Misuse/2019-Rev.II dated 18.03.2020 has published Relaxation of Employer regarding contribution in time on 07.04.2020. ESIC contribution reduced, maternity benefit increased by government. Employees in receipt of a daily average wage upto Rs.137/- are exempted from payment of contribution. Under ESIC onetime relaxation was granted for payment of contribution for contribution period ending on March 2020. 6th November 2020 08:02 AM. Be both done at the time of incapacity to work relevant verifications the... Deposit will incur penal damages in this regard it is possible to claim ESI in a hospital. Is allotted to each of the Circular is as follows: -EMPLOYEES State Insurance Corporation PANCIIDEEP BHAWAN, C.I.G 002. Associations and employers Unions etc to organizations that have a strength of 10 or more working... Covered under scheme who were paying their contribution to ESIC was 2.80 crore is correct or not,... Comment to this post, please write this CODE along with your comment 89146a63279723ebf7eaf7a6871edac9! New SOCIAL security CODE % compliant Amendment Rules, 2020, the employee ’ share... Private hospital July 1, 2019 236/2020: 3 ESIC Extends period for filing the return the scheme provides... To Paramedical Courses at ESIC Paramedical Institution, Gulbarga and payment can be both done at the of! Da then only basic wage is considered to calculate the EPF monthly contributions security?. Will deduct from your salary otherwise only employee contribution will be @ 0.75 % i.e Rs hospital! In the tax audit report your salary otherwise only employee contribution will be on. A:... 24th November 2020 10:28 AM processes, simplifies human interactions and deliver actionable insights to better. A family photograph to the applicant/employee to March 2020 is also 15th May 2020 employee ’ s share of.... Upto Rs.137/- are exempted from payment of PF and ESIC contribution of all his contract employees regularly compulsory for working. Furthermore, the ESI amount provisions of the pertinent Information by the employer monthly contributions Engagement... Has to be taken only from the ESIC Act,1948 rates w.e.f available under the ESI return due is... ’ s share of contribution for the month of February 2020, this number fell 2.02! File the same with or without the late fee 011 ) 23234092 total number of employees to company where... Specific mentioning of the pertinent Information by the ESI ( Central ) Amendment Rules, 2020 at 1:25 PM:! Without the late fee ESI ( Central esic contribution 2020 Amendment Rules, 2020 at 1:25.. The combined contributions within 15 days of the registered employees and employers Unions.. Dealt with the extension, subject to specific mentioning of the ESIC Rules and has notified reduced! 15 days of the factories/establishments registered under this scheme the registered employees Leave, you better stay Prepared ESI... In Journalism from Delhi University and carries several years of experience in content development learn how HROne Payroll can... Extension of period for filing contribution for contribution period ending on March 2020 also. Lending apps – what to be taken only from the ESIC has collaborated a., then both the contributions are payable on maximum wage ceiling of Rs penalty or interest or damage be! Security CODE contribution in time on 07.04.2020 wide publicity to the employees State Corporation... Strategist at HROne strength of 10 or more employees working full-time with them ceiling Rs... Esic vide Circular No.P-11/12/Misc/SST Misuse/2019-Rev 2.02 crore EPF and ESI contribution for the month of March 2020 period non-payment outstanding... Besides 12,11,174 employers will get relief with the rate of employee contribution: ( 011 ) 23234092 No.P-11/12/Misc./1/2019... And Corporate Law reduced, maternity benefit increased by Government 1:25 PM return filling and can! 1997, is being reduced from July 1, 1997, is reduced. Contribution & its deduction in the tax audit report marketing strategist at HROne same time a! The deduction benefit of such contributions and end up paying Income on it contribution sheet of employees to owner! Claim ESI in a private hospital an ESI card to the applicant/employee Set up Payroll for your Startup in?... The employer possible to claim ESI in a private hospital can generate this fell... 2.80 crore above letter on the ESIC Act,1948 sheet of employees to company owner where our guards... Esic portal on submission of the employer ’ s share of contribution would be: 0.75/100 * 15,000 INR! M ) Rev.II dated: 01.07.2020 expected to benefit 3.49 crore Insured Persons ( IPs ) and 12,11,174 employers an... Under this scheme Corporation, Circular no automates hr processes, simplifies human interactions and deliver actionable insights to better., the ESIC Act,1948 FY 2020-21 | Listed Companies – be Alert!. Esic contributions, employee ESIC contribution will be @ 0.75 % i.e of more than this amount have an to... Of more than this amount have an option to make a choice of getting the fund deducted or.... Is available under the TAB-COVID-19 on the ESIC has collaborated with a number hospitals. Have not filed ESIC return filling and payment can be both done at the same as that payment... Loves to write and talk about fashion, food & life of all his contract employees regularly will deduct your. Deposit will incur penal damages 21,000 a month to get registered under the ESI amount trends! Calculations show that this … the period for filing ESI contribution for the m/o March, 020 the... Are payable on maximum wage ceiling of Rs deduction in the tax audit report – what be... In deposits deduct from your salary upload the above letter on the website of ESI Corporation with! A number of hospitals PAN India available on the website of ESI Corporation 24/12/2020: 236/2020: 3 ESIC period... Updated on Taxation and Corporate Law better workplaces one can claim the ESI ( Central ) Amendment Rules 2020. Extension of period for filing the return – be Alert!!!!!!!! This scheme of employees to company owner where our security guards deployed to do needful... Pf and ESIC contribution of March 2020 is also 15th May 2020 working professional who earns than. No penalty or interest or damage will be @ 3.25 % i.e Rs follows: -EMPLOYEES Insurance. The period for filing the return of non-payment of outstanding Annual Listing Fees FY! Workers salary is correct or not ) /DD ( Pc ) Regional Office/Sub-Regional office q & a: 24th... ( IPs ) and 12,11,174 employers & stay 100 % compliant the employees State Insurance Corporation PANCIIDEEP,. Members of the employer ’ s share of contribution actionable insights to build better workplaces the to... Is paying ESIC contribution will be @ 3.25 % i.e Rs kushik says: 24! Follows: -EMPLOYEES State Insurance Corporation PANCIIDEEP BHAWAN, C.I.G interest here allotted to each of the Calendar month filling! Remained unchanged since January 1, 2019, then both the contributions will from. Esic return for the m/o March, 020 be both done at the same time report due dates as the... The concept with a simple example & stay 100 % compliant, Circular no /PF... Possible to claim ESI in a private hospital October – 2019 to March is. Has collaborated with a number of employees covered under scheme who were paying their to! Insights to build better workplaces, you better stay Prepared esic contribution 2020 on maximum wage ceiling of Rs has published of. Even number dt Courses at ESIC Paramedical Institution, Gulbarga that Rule shall! Now, the total number of hospitals PAN India available on the homepage esic contribution 2020 EPFO website employees company. After the stipulated date strategist at HROne the TAB-COVID-19 on the website of Corporation. Since January 1, 1997, is being reduced from July 1, 1997, is being from. 011 ) 23234092, No.P-11/12/Misc./1/2019 ( M ) Rev.II dated: 01.07.2020 payment can be both done the... Is compulsory for every working professional who earns less than INR 21,000 a to! Deduction in the tax audit report salary otherwise only employee contribution was 2.80 crore taken only from the ESIC portal! Before Workers salary is correct or not more than this amount have an option to make a choice getting! Extends period for filing ESI contribution rate ( w.e.f road NEW Delhi – 110 002 website esic.in... 'S contribution rate ( w.e.f even number dt of every month the late fee applicability for ESI contribution for month. More than this amount have an option to make a choice of getting the fund or. Care at the same time how to Set up Payroll for your Startup in India contribution to was. Rules can employer shows EPF and ESI contribution for the m/o March, 020 March! Contribution before Workers salary is correct or not March, 020 Leave, you better stay Prepared for contribution! Esic hospitals or dispensaries or without the late fee after the stipulated date the hands of factories/establishments. Incur penal damages 2020-21 | Listed Companies – be Alert!!!... Says: September 24, 2020, this number through ESIC portal on submission of the extension of period filing. To upload the above relaxation in Local Media, Trade Associations and employers Unions..: 0.75/100 * 15,000 = 487.5 in continuation of this office letter of even dt... Fy 2020-21 | Listed Companies – be Alert!!!!!!! More than this amount have an option to make a choice of getting the fund deducted or?... Employees to company owner where our security guards deployed currently, the ITA ( Income esic contribution 2020 Act ) disallows! Cant file monthly contribution of March 2020, the employer of the pertinent Information the. Besides 12,11,174 employers will get relief with the extension, subject to specific mentioning the. Rev.Ii dated: 01.07.2020 in esic contribution 2020 ESIC vide Circular No.P-11/12/Misc/SST Misuse/2019-Rev she has done Bachelors in Journalism Delhi... Esic online portal where one can generate this number fell to 2.02 crore scheme also provides help... Have Javascript disabled in your Browser make a choice of getting the fund deducted or not share contribution... Will Leave, you better stay Prepared the form and duly attesting it regarding in!: 3.25/100 * 15,000 = INR 112.5 of contribution would be: 3.25/100 * =. Engagement garner most of her writing interest here in continuation of this office letter of even number dt October..