Applies: To every scheduled or notified establishment if the employment strength is 20 or more

Wage ceiling for coverage of an employee Rs. 15,000/- (w.e.f 01-09-2014)

An employee once covered will continue to be covered even if his wages later exceeds Rs. 15,000/- But payment of contribution on the wages in excess of Rs. 15,000/- is optional.

Percentage of contribution:

Account Number

                     I             II              X              XXI

Employee    :            12             –                –  –

Employer    :          3.67         0.50           8.33           0.50

Total      : 25.00%

Contribution on Basic + DA + Retaining Allowance

Basic wages will include all allowances universally and generally paid except on HRA, OT, Bonus and Commission

Due date: 15th of every month.