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PESSI Publications
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Contribution Payment Procedure
The employer of registered establishments are legally obliged to pay contribution to the Institution @ 6% of the salary and wages of his employees drawing wages up to Rs. 15,000/- Per Month or Rs. 600/- Per Day by cheque or pay order / DD.
The employer of registered establishments are legally obliged to pay contribution to the Institution @ 6% of the salary and wages of his employees drawing wages up to Rs. 15,000/- Per Month or Rs. 600/- Per Day by cheque or pay order / DD. The contribution is payable within one month from the date of its becoming due for example the payable contribution for the month of January, 2011 can be paid up to the last day of February, 2011 becoming due w.e.f. 1st of February. Thereafter a statutory increase @ of Rs. 0.50% per day shall be levied up to 90-days where after it shall become 50% (static) of the principle amount of contribution. The nonpayment of contribution is a prosecutable offence and in addition to it the outstanding arrears of contribution along with increase can be recovered as arrears of Land Revenue.
I sincerely extend my felicitations on launching of PESSIwebsite. I strongly feel that the general public must be made aware of the role of PESSIin alleviate the misery of poor people by providing them comprehensive health coverage and cash benefits. I pray to Allah that PESSIemployees work with honesty and dedication for this noble cause.
I sincerely extend my felicitations on launching of PESSIwebsite. I strongly feel that the general public must be made aware of the role of PESSI in alleviate the misery of poor people by providing them comprehensive health coverage and cash benefits. I pray to Allah that PESSI employees work with honesty and dedication for this noble cause.
PESSI is committed to providing services and benefits to workers and their dependents in close partnership with the employers. By bringing transparency and ensuring fairness to its business processes, PESSI’s noble task of providing comprehensive medical coverage and a number of cash benefits to its secured clientele comprising of downtrodden workers and their dependents including parents is expected to significantly enhance the coverage and scope of its services. PESSI is indeed a partner in enhancing productivity of businesses by providing security and peace of mind to workers. I pray to Allah to give us the strength to honor our commitments and give us the strength to strive for it.
PESSIis committed to providing services and benefits to workers and their dependents in close partnership with the employers. By bringing transparency and ensuring fairness to its business processes, PESSI’s noble task of providing comprehensive medical coverage and a number of cash benefits to its secured clientele comprising of downtrodden workers and their dependents including parents is expected to significantly enhance the coverage and scope of its services. PESSIis indeed a partner in enhancing productivity of businesses by providing security and peace of mind to workers. I pray to Allah to give us the strength to honor our commitments and give us the strength to strive for it.
