EMPLOYEE STATE INSURANCE ACT 1948 ppt

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EMPLOYEE STATE INSURANCE ACT 1948:

EMPLOYEE STATE INSURANCE ACT 1948 11/28/2011 1

OBJECTIVE:

OBJECTIVE The objective of the act is to secure sickness, maternity, disablement and medical benefits to employees of factories and establishment and dependents benefits to the dependents of such employees. 11/28/2011 2

CONTRIBUTION UNDER THE ACT:

CONTRIBUTION UNDER THE ACT Employees: 1.75% on total monthly wages Employers: 4.75% on total monthly wages 11/28/2011 3

ELIGIBILITY:

ELIGIBILITY Any person employed for wages (up to Rs. 6,500) in or in connection with the work of a factory or establishment end. Any person who is directly employed by the employer in a factory or through his agent on work which is ordinarily part of the work of the factory or incidental to purpose of the factory. 11/28/2011 4

BENEFITS:

BENEFITS 11/28/2011 5

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