Target of contribution income for the financial year 2019-2020

May 20, 2019 | by Avantis RegTech Legal Research Team

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The Employees State Insurance Corporation (ESIC) on May 17, 2019, with the approval of Director General, has informed that the target contribution income for the financial year 2019-2020 has been fixed. The revenue income has been fixed at Rs. 24,51,544/- lakhs for the financial year 2019-2020. The region-wise figure of contribution target is shown at Annexure A (Page 2). It is further requested to closely monitor the compliance by all major employers and accelerate the pace the recovery action against the defaulters.


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