There will, however, not … You shall not be able to deposit contribution online after 42 days from the end date of the contribution period. Gab, a social networking site popular among the far right, seems to be capitalizing on Twitter bans and Parler's suspension from the Google store. Reply. in respect of Permanent Disablement Benefit and  Dependants' Benefit have been sent to the bank accounts of beneficiaries in the month of March 2020. E.g. IMPORTANT: In case the salary goes above Rs 21,000 per month during the contribution period… In order to ease the hardship of ESI beneficiaries, purchase of medicines by ESI beneficiaries from private chemists during the lockdown period and its subsequent reimbursement by ESIC has been permitted. It is a 6-month period. Explaining the reasons for extending the period for filing ESI contributions, the Labour Ministry in a statement said many establishments are temporarily closed and workers are unable to work due to the COVID-19 crisis. 5. Posted by gautham on November 2, 2013. A contribution period means a six month time span from 1st April to 30th September and 1st October to 31st March. The period for filing contribution for the month of March 2020 … After the commencement of a contribution period, even if the gross salary of an employee exceeds Rs. The government has reduced contributions of employers and employee towards ESIC to 4% from existing 6.5%. Let us look at an example to understand this better. A provision has also been made for providing medical services to IPs and beneficiaries from Tie-up Hospitals, if an ESIC Hospital is declared as a dedicated COVID-19 Hospital to cater exclusively to Corona suspected/confirmed cases. In this period, we have to file returns in the specified formats for our accuracy of recovery and remittances of ESI contributions to the ESI corporation. Let us look at an example to understand this better. Under the prevailing circumstances of lockdown, there may be cases where validity of the medical benefit cards issued to these beneficiaries expire as they are unable to deposit the advance annual lump-sum contribution. In line with the relief measures being extended by the government to business entities and workers, ESIC has taken steps for its stakeholders, specially employers and insured persons, besides strengthening its medical resources to fight COVID-19, it added. Earlier, the ESIC had extended the period for filing contributions for the months of February and March till April 15 and May 15 respectively. 15th April to 15th May 2020. As a relief measure, the period for filing ESI contribution for the months of February and March was earlier extended April 15 and May 15, respectively. Contribution paid by the employer to any pension/provident fund or under the ESIC Act. 3.49 crore Insured Persons (IPs) and 12,11,174 employers will get relief with the extension of period for filing the return. 176/- or less need not to pay Employee’s contribution and the same will be paid by Govt. 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Now, considering the hardship being faced by employers, the period for filing ESI contribution for the month of February has been further extended to May 15, 2020, it stated. The contribution is deducted on the new salary. In line with these relief measures extended by the government, the Employees' State Insurance Corporation (ESIC) has undertaken some relief measures for its stakeholders specially Employers and Insured Persons. "Considering the hardship being faced by employers, the period for filing ESI contribution for the month of February has been further extended from earlier extended period of April 15 to May 15," ESIC said in a statement on Tuesday. No penalty or interest will be levied on establishments during the extended period. The ESIC is a body which manages the funds which are to be granted under the ESI Act. The wage ceiling of coverage was also enhanced from Rs 15,000 per month to Rs 21,000 from January 1, 2017. The period for filing contribution for March is also May 15. employees with disability for a maximum period of 10 years from the date of commencement of the contribution period in which such employee with disability is employed. 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. Now, considering the hardship being faced by employers, the period for filing ESI contribution for the month of February has been further extended from earlier extended period i.e. Sum paid to defray special expenses entailed by the nature of employment – Daily allowance paid for the period spent on tour. | The Money Show, Why is Oxford's COVID-19 vaccine 'AstraZeneca' significant for India? In July, that person gets an increment which leads him out of ESI coverage i.e, salary increases to Rs. For each day by which the contribution of ESI is delayed, the registered employer is charged a simple interest of 12% per annum. ESIC Further Extends Period for Filing ESI Contribution – ESIC Further Extends Period for Filing ESI Contribution 3.49 Crore IPs and 12,11,174 Employers to be Benefitted Purchase of Medicines from Private – Coronavirus, COVID-19 Benefits of ESIC Services: ... Maternity Benefit: ESIC provides a total of 100% of the average daily wages for a period of to 26 weeks from the time of going into labor and 6 weeks in case of a miscarriage. 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%). The Ministry of Social Justice & Empowerment, GOI, shall reimburse this Employer's contribution to the ESI Corporation. This is a very important point to be corrected in the above article. The Director-General of the ESI Corporation (ESIC) has relaxed the filing period of ESI contribution for the employers by 15 days. Such beneficiaries have been allowed to avail medical benefit till June 30, 2020. Payment of about Rs 41 crore in respect of permanent disablement benefit and dependants' benefit has been sent to the bank accounts of beneficiaries in the month of March 2020, it said. Earlier, the ESIC had extended the period for filing contributions for the months of February and March till April 15 and May 15 respectively. "No penalty or interest or damage will be levied on establishments during the extended period," it added Contribution Period: Cash Benefit Period: 1st April to 30th Sept. 1st Jan of the following year to 30th June: 1st Oct to 31st March of the year following. Contribution Period and Benefit Period under ESI Scheme. Update: Due to the outbreak of Covid-19 following changes have been made to ESIC More time for ESI contribution: The government has given employees and employers 45 days instead of 15 days to submit their monthly insurance contribution for February and March by relaxing provisions of the Employees' State Insurance Act in view of the Covid-19 outbreak. Since many establishments are temporarily closed due to the lockdown and workers are unable to work, the government has announced several relief measures. Gratuity payable on discharge. As a relief measure, the period for filing ESI contribution for the month of February and March was earlier extended to 15th April and 15th May, respectively. Employee whose per day salary is Rs. 1 July 2019 (i.e. 21,000 monthly, the employee continues to be covered under ESI scheme till the end of that contribution period. during Financial Year 2019-20). Now, the employers can file ESIC contribution for the contribution period October 2019 to March 2020 up to 15th July 2020. during Financial Year 2019-20). On the occasion of the 68th anniversary of the scheme, the ESIC Special Service Fortnight is being celebrated from 24th February 2020 to 10th March 2020. ESI contribution period are, asper the act,two, one from April to Sept. and another is from October to March of every accounting year. Employees State Insurance Corporation Registration ESIC Registration Benefits, Eligibility, Contribution Percentage, Salary Limit, Procedures and Statutory Compliances. 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. | The Urban Debate, BJP General Secy Kailash Vijayvargiya on Bengal elections, President’s rule & More | Frankly Speaking, Bhandara Hospital tragedy reflects dereliction; Will justice be served? You shall not be able to deposit contribution online after 42 days from the end date of the contribution period. The Employees' State Insurance Corporation (ESIC) has further extended the deadline for filing ESI contributions for February till May 15 in view of the coronavirus lockdown. The payment of Rs 41 crore (approx.) The Employees' State Insurance Corporation (ESIC) has further extended the deadline for filing ESI contributions for February till May 15 in view of the coronavirus lockdown.. Proactly can help you avoid risks of non-compliance. The insured person will become eligible for ESI super specialty treatment when he has 6 months insured employment in ESIC from the date of registration of ESIC and 78 days contribution to ESI in One ESIC contribution period. | The Newshour Debate, India have 2 COVID-19 vaccines for roll out, final nod from DCGI awaited. Govt. After the commencement of a contribution period, even if the gross salary of an employee exceeds Rs. 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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. 4 Medical Benefit is provided under Rule 60-61 to the Insured persons who cease to be in insurable employment on account of permanent disablement and to the retired Insured Persons, on payment of advance lump-sum contribution for a year at the rate of Rs 10 per month. | The Newshour Debate, India’s GDP in negative; Will we achieve PM Modi’s Aatmanirbharta target? Besides these, some more relief measures have been undertaken for IPs and beneficiaries. The Director-General of the ESI Corporation (ESIC) has relaxed the filing period of ESI contribution for the employers by 15 days. Prime Minister Narendra Modi on Tuesday announced extending the nationwide lockdown till May 3. As a relief measure, the period for filing ESI contribution for the month of February and March was earlier extended to 15 th April and 15 th May, respectively. ESIC has regional offices at 23 places and sub-regional offices in 26 places and there are over 800 local offices functioning throughout the country. Watch this short video . What if the ESI salary goes above Rs 15,000 during the contribution period? What is the manner of calculation and payment of contributions? 15 th April to 15 th May, 2020. 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. Earlier, the ESIC had extended the period for filing contributions for the months of February and March till … has amended the ESIC Rules and has notified revised/ reduced ESI Contribution rates w.e.f. In at least 2 benefits Period shall be entitled for Sickness Benefits. Medical benefit is provided under Rule 60-61 to the IPs who cease to be in insurable employment on account of permanent disablement and to the retired IPs on payment of advance lump-sum contribution for a year at the rate of Rs 10 per month. The Employees' State Insurance Corporation (ESIC) has extended the period for filing ESI contribution for February to May 15 in view of the challenges posed by COVID-19. 29 & 31). 2. 15th April to 15th May, 2020. Deposit of ESIC dues. 21. 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. Employee whose per day salary is Rs. Govt. 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