Dear Fraternity,
The ESIC amendment is only in DRAFT stage. When we read it carefully, the draft was released on October 6, 2016 for public to comment if any. Apparently, they will wait till 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 for a surprise. According to the date specified in the Gazette, we may have to deduct arrears.
Any other opinion, you are welcome.
Thanks
Ganesh M K
The ESIC amendment is only in DRAFT stage. When we read it carefully, the draft was released on October 6, 2016 for public to comment if any. Apparently, they will wait till 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 for a surprise. According to the date specified in the Gazette, we may have to deduct arrears.
Any other opinion, you are welcome.
Thanks
Ganesh M K