ESI INFORMATION - PART I

 

GENERAL INFORMATION - II
14. Share of contribution/ source of Finance Empoyees 1.75% on wages Employers 4.75% on wages 6.50% on wages Each Employee's & Employer's share should be rounded off to next higher rupee. 15. Wage ceiling for ESI Coverage(w.e.f.1.10.06) Rs.10,000/- per mensun 16. Employees exempted from payment of contribution Average daily wages upto Rs.70/- w.e.f.1.4.07 17. Ceiling on Medical expenditure per IP w.e.f.1.4.09 Rs.1200/-
CASH BENEFITS
18. Minimum standard benefit rate Rs.14/- per day of full average daily, wages whichever is less. 19. Reimbursement of conveyance/ loss of wages Twice the standard benefit rate or actual loss of average daily wage, whichever is less. 20. Confinement Exp. On account of expenditure spent for confinement at outstation insured woman/wife of IP. Rs. 2500/- 21. Upper limit of commuted value of Permanent Disablement Benefit payment Rs. 30,000/- 22. Funeral Expenses Rs. 3000/-
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