ESIC Circular regarding Amendment to Rule 55 of ESI (Central) Rules, 1950 (Dated -14.03.2022) – ESIC
Karma Management Global Consulting Solutions Pvt. Ltd has been in the business of Payroll, Outsourcing, and Regulatory Compliances from its inception in 2004 and since then, has brought in a lot of efficiencies and technological upgradations with experts on its role, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding Management, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.
Karma Global has a system to regularly track the announcement of minimum wages declared and also the consumer price index announced from time to time and in this respect, Karma makes it a regular point to inform all its stakeholders ranging from business owners to vendors partners, contractors, SME clients, associates on the minimum wages and consumer price index in an explanatory manner understood by all.
The notification retrospectively inserts a proviso to Rule 55, effective from 20.01.2017 the date from which the maternity benefit was enhanced from 12 weeks to 26 weeks. The present notification entitles an I.W to sickness benefit during the benefit period corresponding to the contribution period in which she was in confinement, on relaxed conditions of contribution payable for half the number of days available for working in such contribution period, refer attachment for further details.
For greater details, attached is the ESI notification.
ESIC Circular regarding Amendment to Rule 55 of ESI (Central) Rules, 1950 (Dated -14.03.2022) – ESIC