The Central Government vide notification dated 28th July, 2021 has appointed the 1st day of
August, 2021, as the date on which the sections 38, 39, 40, 41, 42, 43 and sections 45A to 45H of Chapter IV; sections 46 to 73 of Chapter V; and sections 74, 75, sub-sections (2) to (4) of sections 76, 80, 82 and 83 of Chapter VI; of Employees’ State Insurance Act, 1948 shall come into force in all the areas of Madurai district in the State of Tamil Nadu.
These sections provides that all employees in factories or establishments to which this Act applies shall be insured. The principal employer shall pay in respect of every employee, whether directly employed by him or by or through an immediate employer, both the employer’s contribution and the employee’s contribution to the ESI fund. If any contribution payable under this Act is not paid by the principal employer on the date on which such contribution has become due, he shall be liable to pay simple interest at the rate of twelve percent per annum or at such higher rate as may be specified in the regulations till the date of its actual payment.
