
India Employees State Insurance (ESI) Contribution
changes effective from July 2019 are now available in My Oracle Support. Download and apply it today.
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.
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.
For further information please review the My Oracle Support HRMS Mandatory & Recommended Patch Information for Asia Pacific listings for your application version:
For the complete R12.1.x HRMS Mandatory Patch List, see My Oracle Support Knowledge Document 874563.1
For the complete R12.2.x HRMS Mandatory Patch List, see My Oracle Support Knowledge Document 1670198.1
If you experience any issues with this patch, please log a Service request on My Oracle Support, product: Oracle HRMS (India)
