The government has increased the Income limit to Rs. 9000 for dependent parents to avail medical benefit under Employees’ State Insurance scheme. Earlier it was Rs. 5000 pm including all earning. It is a another good step to widening the medical benefit to larger population.
Recently, the government has reduced the contribution under ESIC Act form 6.5% to 4%, which reduce the financially burden on employer as well increase the take home salary of employees.