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ESI Contribution Last Date: Good news for employers, ESIC extends the date of submission of contribution for August

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ESI Contribution Last Date: A great news is coming for the employers (companies, factories and institutions) working in the country. Employees’ Provident Fund Organization (ESIC) has given relief to all those companies and factories which have not filed ESI contribution for August, 2022.

ESIC has extended the last date for submission of monthly contribution for the month of August. These employers can now submit their ESI contribution for August till September 22. Let us inform that the employers were facing a lot of difficulties in submitting the ESI contribution for the month of August, keeping in mind that the ESIC has decided to extend its date.

Now ESI Contribution will be able to be deposited by 22nd September instead of 15th September

The Director General of ESIC, in exercise of the powers vested under Regulation 100, has relaxed the provisions contained in Regulation 31 of the Employees’ State Insurance (General) Regulations, 1950. However, ESIC has clarified that only one chance is being given to submit the ESI contribution. Hence, the employers will have to submit the ESI contribution for the month of August by 22nd September instead of 15th September.

Employees getting salary up to 21 thousand get the benefit of ESIC

Let us inform that the ESI Act is applicable to factories or establishments in the organized sector where 10 or more persons work. This act is also applicable to the employees getting monthly salary up to Rs. 21 thousand. Under ESIC, employees and their families get various types of medical services. Not only this, the employees involved in this scheme also get unemployment allowance. Employees have to contribute 0.75 per cent of their salary every month to join and take advantage of the ESIC scheme. Whereas, an employer contributes 3.25 per cent of the salary of his employee on his behalf.

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