Tag: employers

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The Government has reduced contributions of ESIC to 4% from 6.5%

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The government has reduced the contribution under the Employees’ State Insurance (ESI) Act to 4% with effect from 1st July 2019 from 6.5%, a move expected to increase the take home salary of workers as well as reduce the financial burden of employers. The decision will benefit 36 million workers and 1.28 million employers. This […]

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Extension of due date for payment of EPF Contribution by 20th Jan, 2017

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Employers liable to pay contribution under provisions of Employees Provident Fund & Miscellaneous Provisions Act, 1952 shall within fifteen days of the close of every month must pay the contribution to the fund through internet banking of the State Bank of India or any other Nationalised Bank authorized for collection on account of contributions and […]

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