ESIC Average daily wages increase from Rs 137 to Rs 176

Now, therefore, in exercise of the powers conferred by section 95 of the Employees' State Insurance Act, 1948, the Central Government, after consultation with the Employees' State Insurance Corporation, hereby makes the following rules further to amend the Employees' State Insurance (Central) Rules, 1950, namely:—

(1) These rules may be called the Employees' State Insurance (Central) Amendment Rules, 2019. 

(2) They shall come into force on the date of their publication in the Official Gazette. 2.
In the Employees' State Insurance (Central) Rules, 1950, in rule 52, for the words “rupees one hundred thirty seven”, the words “rupees one hundred seventy six” shall be substituted.

From the above amendment if any average daily wages is less then equal to Rs 176 No ESIC contribution is to be deducted from the Employee. Employer Contribution will have to be contributed.

Gazette Copy : ESIC Average daily wages increase from Rs 137 to Rs 176

Medical Benefit For Dependent Under The Employees State Insurance (Central) Rules,1950 Increased

Government of India in consultation with Employees' State Insurance Corporation vide notification no G.S.R. 599(E) had amended rule 61-A of The Employees' State Insurance (Central) Rules,1950 where income limit of medical benefit for dependent parents has been increased to nine thousand rupees from earlier limit of five thousand rupees

Notification : Medical Benefit For Dependent Under The Employees State Insurance (Central) Rules,1950 Increased

ESI Contribution Rate Reduced From 6.5 Percentage To 4 Percentage

The Government of India after consultation with the Employees’ State Insurance Corporation, vide notification no G.S.R. 423 (E), has amended Rule 51 of Employees’ State Insurance (Central) Rules, 1950, wherein the existing rates of employer and employee contribution of 6.5 percentage has been reduced to 4 percentage. The rate of contribution under the new amendment for employer's will be reduced from 4.75% to 3.25% and employees' contribution will be reduced from 1.75 percentage to 0.75 percentage. The amendment will be effective from 1st July 2019

Notification:ESI Contribution Rate Reduced From 6.5 Percentage To 4 Percentage  From 6.5 Percentage To 4 Percentage