LATEST NEWS UPDATES | Government reduces ESI contribution rate to 4%, industry to save Rs 5,000 crore annually

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]

Code Context



        trigger_error($message, E_USER_DEPRECATED);

    }

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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]

Code Context



        trigger_error($message, E_USER_DEPRECATED);

    }

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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]

Code Context

            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {

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NEW DELHI: The government on Thursday announced a cut in contributions made by employers and employees toward the health insurance scheme of Employees' State Insurance Corporation (ESIC) to 4 per cent from the existing 6.5 per cent, a move which..."/>
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                <strong>Government reduces ESI contribution rate to 4%, industry to save Rs 5,000 crore annually</strong></h1>
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                <div align="justify">-PTI<br /><br /><em>NEW DELHI: </em>The government on Thursday announced a cut in contributions made by employers and employees toward the health insurance scheme of Employees' State Insurance Corporation (ESIC) to 4 per cent from the existing 6.5 per cent, a move which would lead to an estimated annual saving of around Rs 5,000 crore for firms.<br /><br />The reduced rates will be effective from July 1, 2019, the labour ministry said in a release. This would benefit 3.6 crore employees and 12.85 lakh employers.<br /><br />&quot;The government has taken a historic decision to reduce the rate of contribution under the Employees' State Insurance Act from 6.5 per cent to 4 per cent (employers' contribution being reduced from 4.75 per cent to 3.25 per cent and employees' contribution being reduced from 1.75 per cent to 0.75 per cent),&quot; the ministry said.<br /><br />As many as 12.85 lakh employers and 3.6 crore employees contributed Rs 22,279 crore towards the ESI scheme in 2018-19.<br /><br />Please <a href="https://timesofindia.indiatimes.com/business/india-business/centre-reduces-esi-contribution-rate-from-6-5-to-4/articleshow/69775839.cms" title="https://timesofindia.indiatimes.com/business/india-business/centre-reduces-esi-contribution-rate-from-6-5-to-4/articleshow/69775839.cms">click here</a> to read more. <br /></div>               </font>
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</span></span></code>
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-PTI&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;NEW DELHI: &lt;/em&gt;The government on Thursday announced a cut in contributions made by employers and employees toward the health insurance scheme of Employees&#039; State Insurance Corporation (ESIC) to 4 per cent from the existing 6.5 per cent, a move which would lead to an estimated annual saving of around Rs 5,000 crore for firms.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
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Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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-PTI

NEW DELHI: The government on Thursday announced a cut in contributions made by employers and employees toward the health insurance scheme of Employees' State Insurance Corporation (ESIC) to 4 per cent from the existing 6.5 per cent, a move which..."/>
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                <strong>Government reduces ESI contribution rate to 4%, industry to save Rs 5,000 crore annually</strong></h1>
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                <div align="justify">-PTI<br /><br /><em>NEW DELHI: </em>The government on Thursday announced a cut in contributions made by employers and employees toward the health insurance scheme of Employees' State Insurance Corporation (ESIC) to 4 per cent from the existing 6.5 per cent, a move which would lead to an estimated annual saving of around Rs 5,000 crore for firms.<br /><br />The reduced rates will be effective from July 1, 2019, the labour ministry said in a release. This would benefit 3.6 crore employees and 12.85 lakh employers.<br /><br />&quot;The government has taken a historic decision to reduce the rate of contribution under the Employees' State Insurance Act from 6.5 per cent to 4 per cent (employers' contribution being reduced from 4.75 per cent to 3.25 per cent and employees' contribution being reduced from 1.75 per cent to 0.75 per cent),&quot; the ministry said.<br /><br />As many as 12.85 lakh employers and 3.6 crore employees contributed Rs 22,279 crore towards the ESI scheme in 2018-19.<br /><br />Please <a href="https://timesofindia.indiatimes.com/business/india-business/centre-reduces-esi-contribution-rate-from-6-5-to-4/articleshow/69775839.cms" title="https://timesofindia.indiatimes.com/business/india-business/centre-reduces-esi-contribution-rate-from-6-5-to-4/articleshow/69775839.cms">click here</a> to read more. <br /></div>               </font>
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&lt;em&gt;NEW DELHI: &lt;/em&gt;The government on Thursday announced a cut in contributions made by employers and employees toward the health insurance scheme of Employees&#039; State Insurance Corporation (ESIC) to 4 per cent from the existing 6.5 per cent, a move which would lead to an estimated annual saving of around Rs 5,000 crore for firms.&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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NEW DELHI: The government on Thursday announced a cut in contributions made by employers and employees toward the health insurance scheme of Employees' State Insurance Corporation (ESIC) to 4 per cent from the existing 6.5 per cent, a move which..."/>
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                <strong>Government reduces ESI contribution rate to 4%, industry to save Rs 5,000 crore annually</strong></h1>
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                <div align="justify">-PTI<br /><br /><em>NEW DELHI: </em>The government on Thursday announced a cut in contributions made by employers and employees toward the health insurance scheme of Employees' State Insurance Corporation (ESIC) to 4 per cent from the existing 6.5 per cent, a move which would lead to an estimated annual saving of around Rs 5,000 crore for firms.<br /><br />The reduced rates will be effective from July 1, 2019, the labour ministry said in a release. This would benefit 3.6 crore employees and 12.85 lakh employers.<br /><br />&quot;The government has taken a historic decision to reduce the rate of contribution under the Employees' State Insurance Act from 6.5 per cent to 4 per cent (employers' contribution being reduced from 4.75 per cent to 3.25 per cent and employees' contribution being reduced from 1.75 per cent to 0.75 per cent),&quot; the ministry said.<br /><br />As many as 12.85 lakh employers and 3.6 crore employees contributed Rs 22,279 crore towards the ESI scheme in 2018-19.<br /><br />Please <a href="https://timesofindia.indiatimes.com/business/india-business/centre-reduces-esi-contribution-rate-from-6-5-to-4/articleshow/69775839.cms" title="https://timesofindia.indiatimes.com/business/india-business/centre-reduces-esi-contribution-rate-from-6-5-to-4/articleshow/69775839.cms">click here</a> to read more. <br /></div>               </font>
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The reduced rates will be effective from July 1, 2019, the labour ministry said in a release. This would benefit 3.6 crore employees and 12.85 lakh employers. "The government has taken a historic decision to reduce the rate of contribution under the Employees' State Insurance Act from 6.5 per cent to 4 per cent (employers' contribution being reduced from 4.75 per cent to 3.25 per cent and employees' contribution being reduced from 1.75 per cent to 0.75 per cent)," the ministry said. As many as 12.85 lakh employers and 3.6 crore employees contributed Rs 22,279 crore towards the ESI scheme in 2018-19. 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-PTI

NEW DELHI: The government on Thursday announced a cut in contributions made by employers and employees toward the health insurance scheme of Employees' State Insurance Corporation (ESIC) to 4 per cent from the existing 6.5 per cent, a move which would lead to an estimated annual saving of around Rs 5,000 crore for firms.

The reduced rates will be effective from July 1, 2019, the labour ministry said in a release. This would benefit 3.6 crore employees and 12.85 lakh employers.

"The government has taken a historic decision to reduce the rate of contribution under the Employees' State Insurance Act from 6.5 per cent to 4 per cent (employers' contribution being reduced from 4.75 per cent to 3.25 per cent and employees' contribution being reduced from 1.75 per cent to 0.75 per cent)," the ministry said.

As many as 12.85 lakh employers and 3.6 crore employees contributed Rs 22,279 crore towards the ESI scheme in 2018-19.

Please click here to read more.