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ESIC amendment, Recent Budget and its impact to employer & employees

March 25, 2019

The webinar covers the impact due to the ESIC amendment and the intermediate budget.
About this Event
On 13 June 2019, the Ministry of Labour and Employment, Government of India, issued a notification (Notification) amending Rule 51 of the Employees’ State Insurance (Central) Rules 1950 to reduce the rate of the contribution required to be made under the Employees’ State Insurance Act 1948 (ESI Act) from 6.5% to 4%. The Notification declares 1 July 2019 as the date on which the reduced rates of contribution would become effective. You can have a brief review of the same here

Government Reduces Rate of ESI Contribution to 4%

Finance Minister Nirmala Sitharaman presented the maiden budget of Narendra Modi 2.0 government in the Lok Sabha . We will be discussing the changes and how it impacts the employer and employees in their compliance.

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