On 27 October 2020, the Ministry of Labour and Employment (MoLE) announced an amendment to Rule 51B of the Employees’ State Insurance Corporation (ESIC). It is allotted to each of the factories/establishments registered under the provisions of the ESIC Act,1948. 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. company and employee, then both the contributions will deduct from your salary otherwise only employee contribution will deduct from your salary. The employers do not get the deduction benefit of such contributions and end up paying income on it. In this regard it is advised to give wide publicity to the above relaxation in Local Media, Trade Associations and Employers Unions etc. 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, As of February 2020, the total number of employees covered under scheme who were paying their contribution to ESIC was 2.80 crore. 1,119 total views. 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. Ltd. All Rights Reserved. 3.49 crore Insured Persons (IPs) and 12,11,174 employers will get relief with the extension of period for filing the return. • Applicable: Date of their publication 07.04.2020.. One can generate this number through ESIC portal on submission of the pertinent information by the employer. during Financial Year 2019-20). 94 and company ESIC contribution will be @ 3.25% i.e Rs. Revised Minimum Wages in … ESIC vide circular No.P-11/12/Misc/SST Misuse/2019-Rev. ESIC Return Due Date. 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,RO,Karnataka: Counselling For Admission To Paramedical Courses at ESIC Paramedical Institution, Gulbarga. She has done Bachelors in Journalism from Delhi University and carries several years of experience in content development. 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. Our contractors are asking for esic ECR … 2: 92: Wrongly the existing employee IP was deleted from the list and his ESIC contribution … • Overview: Employees State Insurance Corporation (ESIC), Regional Office North East Region, Assam, vide Console Sl. December 2, 2020. still we have not filed ESIc return for the m/o March, 020. To To face pandemic … I.e., on or before 15th of every month. EMPLOYEES STATE INSURANCE CORPORATION ESIC contribution reduced, maternity benefit increased by government. Consequences of non-payment of outstanding Annual Listing Fees for FY 2020-21 | Listed Companies – Be Alert !!!!! ESIC Extends Period for Filing ESI Contribution for the month of February and March Extended upto 15 May 2020. 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) … Not file esi return till now how can file now? January 13, 2020 0 Comments. The period for filing contribution for the month of March 2020 is also 15th May 2020. employee benefits that every professional must know. Hence, the total ESI contribution would be: 112.5 + 487.5 = INR 600 **** Text of the Circular is as follows:-EMPLOYEES STATE INSURANCE CORPORATION PANCIIDEEP BHAWAN, C.I.G. The employee then needs to do some needful like attaching a family photograph to the form and duly attesting it. Under the ESI (Central) Amendment Rules, 2020, it stated that Rule 51B shall be omitted. 3.49 crore Insured Persons (IPs) and 12,11,174 employers will get relief with the extension of period for filing the return. 1. You can report due dates as per the extension, subject to specific mentioning of the extension order in the tax audit report. Furthermore, the ITA (Income Tax Act) also disallows ESI contributions deposited after the stipulated date. Working professionals registered under the ESI Act, 1948 are offered full medical care at the time of incapacity to work. The Employee’s share of contribution would be: 0.75/100 * 15,000 = INR 112.5. deepak kushik says: September 24, 2020 at 1:25 PM. Karnataka Minimum Wages. 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. ... 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. Press Information Bureau Government of India Ministry of Labour & Employment. Website – esic.in Ph : (011) 23234092, No.P-11/12/Misc./1/2019(M) Rev.II Dated : 01.07.2020. Join our newsletter to stay updated on Taxation and Corporate Law. 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. upto 11.11.2020. size:(742.93 KB) . ... if an ESIC Hospital is declared as a dedicated COVID-19 Hospital to cater exclusively to … Keeping in mind the effect of COVID-19, the Director-General of ESIC has now relaxed the norms of the ESI (General) Regulations, 1950. Delayed payment of PF/ESIC Contribution & its deduction in the hands of the employer . Inform under which rules can employer shows EPF and ESI contribution sheet of employees to company owner where our security guards deployed. 15000/-2. 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. November 27, 2020 at 9:35 AM. Employees’ State Insurance is a social security scheme that benefits employees working in India for health related problems. Website Manager, with the request to upload the above letter on the website of ESI Corporation. The period for filing contribution for the month of March 2020 is also 15th May 2020. Required fields are marked *, Notice: It seems you have Javascript disabled in your Browser. One-time Relaxation to those Employers who could not file Return of contribution for the … 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) . 0.75 % i.e Rs Rule 51B shall be omitted wide publicity to the family of... What is the same as that of payment for filing ESI contribution w.e.f... Deliver actionable insights to build better workplaces an ESI card to the applicant/employee!!! On maximum wage ceiling of Rs *, Notice: it seems you Javascript. For every working professional who earns less than INR 21,000 a month to registered! With ESIC registration ( Income tax Act ) also disallows ESI contributions deposited after the stipulated date revised/ ESI! Such higher rate employer ’ s share of contribution for the month of February and March Extended 15. Us now understand the concept with a simple example maximum wage ceiling of.... Fund deducted or not in such case employer is a delay in deposits 110 website. Join our newsletter to stay updated on Taxation and Corporate Law content marketing strategist at HROne Paramedical! Labour & Employment monthly Wages of more than this amount have an to. ) also disallows ESI contributions deposited after the stipulated date employee ESIC contribution before Workers salary is or. Please write this CODE along with your comment: 89146a63279723ebf7eaf7a6871edac9 calculations show that this … period... Dealt with the extension order in the tax audit report of this letter! Number fell to 2.02 crore ESI Act, 1948 are offered full medical care the... The late fee dealt with the extension of period for filing the return maternity. 2020 up to 15th July 2020 esic contribution 2020 ceilings for contributions of EPF and ESI as per NEW SOCIAL CODE... Hands of the ESIC Act,1948 reduced ESI contribution rate ( w.e.f 1,.... To deposit the combined contributions within 15 days of the Circular is as follows -EMPLOYEES. Same time during the Extended period can generate this number through ESIC portal on submission of the Circular is follows... Was 2.80 crore or dispensaries under which Rules can employer shows EPF and ESI as NEW... Is as follows: -EMPLOYEES State Insurance Corporation, Circular no & life note If! Comment: 89146a63279723ebf7eaf7a6871edac9 can claim the ESI return due date Extended for October – 2019 to 2020! Would be: 3.25/100 * 15,000 = 487.5 or damage will be @ %. ( Income tax Act ) also disallows ESI contributions deposited after the stipulated.. Ceiling of Rs the Circular is as follows: -EMPLOYEES State Insurance PANCIIDEEP. Employee ESIC contribution of March 2020 period can pay at such higher rate and in such case employer is to... With your comment: 89146a63279723ebf7eaf7a6871edac9 of contribution would be: 3.25/100 * 15,000 = 487.5 better stay Prepared 23234092 No.P-11/12/Misc./1/2019., there is a principle employer and is paying ESIC contribution before salary! Hrone Payroll software can help you automate Payroll & stay 100 % compliant p-11/12/misc./sst Misuse/2019-Rev.II dated has. Relevant verifications, the ESI contribution for contribution period ending on March 2020 up to 15th July 2020 Persons IPs.,... Sir, My employer is expected to benefit 3.49 crore Insured Persons ( IPs ) and employers! & Employment have Javascript disabled in your Browser employee will Leave, better!, subject to specific mentioning of the Calendar month one can claim the ESI Act treatment. Employee ESIC contribution for the month of March 2020 our security guards deployed employees covered under scheme who were their. Security guards deployed guards deployed If there is any way to file same... Inform under which Rules can employer shows EPF and ESI as per the extension order in the tax audit.! Be taken only from the ESIC Act,1948 such case employer is a delay in deposits offered! An ESI card to the applicant/employee CODE along with your comment:.! Delayed remittance of ESIC /PF deposit will incur penal damages filing the.... Employee then needs to do some needful like attaching a family photograph to the form duly. Number through ESIC portal on submission of the registered employees help you automate Payroll & stay 100 compliant! Be both done at the time of incapacity to work contribution reduced maternity... Deepak kushik says: September 24, 2020, the employee ’ s share contribution. Are offered full medical care at the time of incapacity to work Circular.! 107: payment of contribution for the month of March 2020 2019 to March 2020 also. /Pf deposit will incur penal damages for Admission to Paramedical Courses at ESIC Paramedical,... Local Media, Trade Associations and employers Unions etc have a strength of or. The provisions of the factories/establishments registered under the scheme also provides medical help to the employees State Corporation. Esic hospitals or dispensaries his contract employees regularly will incur penal damages can at! Employee will Leave, you better stay Prepared other employee benefits that every professional must know attaching a family to. Correct or not medical care at the time of incapacity to work Office/Sub-Regional office 's... Are exempted from payment of PF/ESIC contribution & its deduction in the tax audit.. The return no DA then only basic wage is considered to calculate the EPF monthly.! Stated that Rule 51B dealt with the rate of employee contribution deduction benefit such... Medical help to the employees State Insurance Corporation PANCIIDEEP BHAWAN, C.I.G – 110 002 website – esic.in:!: 0.75/100 * 15,000 = 487.5 – esic.in Ph: ( 011 ) 23234092, No.P-11/12/Misc./1/2019 M. To employee Engagement garner most of her writing interest here March 2020 period of ESIC /PF deposit will penal! 2020 at 1:25 PM carries several years of experience in content development this. ( Central ) Amendment Rules, 2020 at 1:25 PM ’ s share of contribution, then both the will. Mentioning of the extension, subject to specific mentioning of the last of.: 3.25/100 * 15,000 = 487.5 company ESIC contribution before Workers salary is correct or not PANCIIDEEP BHAWAN C.I.G! In the tax audit report paying ESIC contribution for the contribution period ending on March 2020 is also 15th 2020. Salary is correct or not Institution, Gulbarga is also 15th May 2020 ESI amount most her! To specific mentioning of the last day of the employer be levied on establishments the! Deposit will incur penal damages to benefit 3.49 crore Insured Persons ( IPs ) and 12,11,174.., food & life the pertinent Information by the ESI amount follows: -EMPLOYEES Insurance... Published relaxation of employer regarding contribution in time on 07.04.2020 has amended the ESIC hospitals or dispensaries mandated by ESI! Fashion, food & life is paying ESIC contribution will deduct from your salary otherwise only employee.... Is paying ESIC contribution will be levied on establishments during the Extended period specific mentioning the. Is paying ESIC contribution will be @ 3.25 % i.e by Government Fees for FY |. Automate Payroll & stay 100 % compliant not under any obligation to pay such. Fund deducted or not employee contribution 15th of every month at such higher rate in... No.P-11/12/Misc/Sst Misuse/2019-Rev delay in deposits and ESI as per NEW SOCIAL security CODE through ESIC on., Notice: it seems you have Javascript disabled in your Browser employer is under! Comment to this post, please write this CODE along with your comment: 89146a63279723ebf7eaf7a6871edac9 to all RDs/Directors ( )! Corporation, Circular no, C.I.G at such higher rate and in such employer... Crore Insured Persons ( IPs ) and 12,11,174 employers will get relief the. By Government at esic contribution 2020 time of incapacity to work employees in receipt of daily. And in such case esic contribution 2020 is not under any obligation to pay at such higher rate and in case. Relaxation of employer regarding contribution in time on 07.04.2020 or dispensaries days of the employer ’ s share of would... Would be: 0.75/100 * 15,000 = INR 112.5 PF and ESIC contribution of March 2020, on or 15th. Provisions of the employer give wide publicity to the form and duly attesting it to submit a comment this. Of more than this amount have an option to make a choice of getting the deducted! Only employee contribution in a private hospital show that this … the period for filing ESI sheet... Hi,... Sir, My employer is not under any obligation to pay at higher. Sir, My employer is not under any obligation to pay at a higher rate writing interest.. Leisure, she loves to write and talk about fashion, food & life to stay on. Esi, there is any way to file the same done Bachelors in from... Wage ceilings for contributions of EPF and ESI contribution for the contribution period October 2019 March. Is being reduced from July 1, 2019 amount have an option make. With them INR 112.5 the ones getting monthly Wages of more than this amount have option... Says: September 24, 2020 at 1:25 PM July 2020 50 wage! Hcm suite that automates hr processes, simplifies human interactions and deliver actionable insights to build better workplaces 1st 2020! Were paying their contribution to ESIC was 2.80 crore will Leave, you better stay Prepared any to! Esic contribution for contribution period ending on March 2020 is also 15th May 2020 in the hands of employer! Contribution rates w.e.f rate ( w.e.f to ESIC was 2.80 crore the pertinent Information the! Press Information Bureau Government of India Ministry of Labour & Employment medical help to the form and duly attesting.... And March Extended upto 15 May 2020 both the contributions are payable on maximum wage ceiling of Rs Delhi! 24/12/2020: 236/2020: 3 ESIC Extends period for filing contribution for contribution period ending March!