Dear Fraternity,
The ESIC amendment is only in the DRAFT stage. When we read it carefully, the draft was released on October 6, 2016, for the public to comment if any. Apparently, they will wait until November 5, 2016 (30 days for the public to react) and release the final version. We can keep our employees informed of this beforehand so that we are not taking them by surprise. According to the date specified in the Gazette, we may have to deduct arrears. Any other opinions, you are welcome.
Thanks, Ganesh M K
The ESIC amendment is only in the DRAFT stage. When we read it carefully, the draft was released on October 6, 2016, for the public to comment if any. Apparently, they will wait until November 5, 2016 (30 days for the public to react) and release the final version. We can keep our employees informed of this beforehand so that we are not taking them by surprise. According to the date specified in the Gazette, we may have to deduct arrears. Any other opinions, you are welcome.
Thanks, Ganesh M K