21,000/- pm. 1) Right 2) Right 3) Partially Right, As, Threshold limit for ESIC has been increased to Rs.21,000 from 01.01.2017. As announced by Employees’ State Insurance Corporation (ESIC), the ESI coverage limit is increased from Rs. The existing wage-limit for coverage under the Act, is Rs.10,000/- per month (with effect from 1.10.2006). The Government, in principle, decided to enhance the threshold limit of wage for coverage under the Employees’ State Insurance (ESI) Act, 1948 from existing Rs.15,000/- pm to Rs. Please note that the ESIC limit will always be checked with your fixed monthly gross salary. 15,000/- per month to Rs. Sonali g says: September 28, 2020 at 6:18 am. And sir as u said if employee gross salary is more than 21000 they will not applicable for esic scheme.. ND if the person has 35000 per month salary then which scheme will applicable to them? Areas covered under the Act . What is Employees State Insurance? 21,000 w.e.f. Anyway, just got the information that esic coverage is being increased to a salary of 25000 per month. NEW DELHI: The Employees' State Insurance Corporation today raised the monthly wage threshold to Rs 21,000, from the current Rs 15,000, for coverage under its health insurance scheme. In that case the original poster will still be covered after October and need not worry. The wage ceiling of coverage was also enhanced from Rs. ESIC calculation as per ESIC rules of act 1948. 21,000 w.e.f. The figures are as under: – As announced by Employees’ State Insurance Corporation (ESIC), the ESI coverage limit is increased from Rs. Based on this revision, what is the prescribed wage limit for an employee to be covered in the ESI Scheme? Esi Coverage After Exceeding Salary Limit. For this purpose, a Notification had been issued on 06.10.2016 inviting suggestion/objections from all stakeholders.As on 31.03.3016, the number of … For this purpose, a Notification had been issued on 06.10.2016 inviting suggestion/objections from all stakeholders. Insured Persons and employers and also a quantum jump in the revenue income of the ESIC. 3) Employee covered under ESI under basic salary of Rs.15000/- will also be under PF? October 2016. ESIC Registration Benefits, Eligibility, Contribution Percentage, Salary Limit, Procedures and Statutory Compliances. 21,000/- pm. If wage limit exceeds Rs 21000 on 1st April 2019 for an existing employees who is earlier contributed under ESIC coverage, while uploading ESIC return his IP number reflects in the Monthly returns. October 2016. 2) PF is applicable for more than 20 employees? These efforts resulted in substantial increase in the number of registered employees i.e. ESIC includes the medical benefit both for the employee and employer. 15,000 to Rs. It is calculated on the basis of gross salary/wages/pay per month and the maximum limit is up to ₹ 21,000/- per month (earlier it was ₹ 15,000 per month). 15,000 to Rs. Threshold Limit for Coverage under ESIC The Government, in principle, decided to enhance the threshold limit of wage for coverage under the Employees’ State Insurance (ESI) Act, 1948 from existing Rs.15,000/- pm to Rs. What reason we should choose to remove that particular employee. However, thanks to his post, I learned something new. Threshold Limit for Coverage under ESIC. In a meeting held today, the ESIC board also decided to give an option to existing insured persons to continue membership even if their wage breaches the ceiling of Rs 21,000 per month. 21,000/- from 01.01.2017. Reply. 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