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Announcement: India ESI Contribution changes effective from July 2019 are now available!

in Payroll and OTL - EBS (MOSC)

India Employees State Insurance (ESI) Contribution changes effective from July 2019 are now available in My Oracle Support.

Patch Information:

Release 12.1 - Patch 29936593:R12.PAY.B

Release 12.2 - Patch 29936593:R12.PAY.C

Note that these patches require the post install steps of running the data installer and hrglobal.drv.

Employees State Insurance (ESI) Contribution changes:

The Ministry of Labour and Employment has reduced the contribution under the Employees State Insurance (ESI) Act from 6.5% to 4%.

This includes a reduction of 1.5% in employers' contribution from 4.75% to 3.25% and a 1% reduction in employees' contribution from 1.75% to 0.75%.

These changes are effective 1st July 2019.

HRMS Mandatory & Recommended Patch Information for Asia Pacific:

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