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Government Moderates the Rate of ESI Contribution from 6.5% to 4%
The rate of contribution under the ESI Act has been cut off to 4% from 6.5% by The Government of India (employers’ contribution being reduced to 3.25% from 4.75% whereas the employees’ contribution is being reduced to 0.75% from 1.75%). These rates will be active from 01.07.2019. These changes will benefit 3.6 crore employees and 12.85 lakh employers. The reduced rate of contribution will bring about a considerable relief to workers and it will benefit later enrolment of the workers
Conflict to be taken to NCDRC if the flat value and claim exceeds Rs 1 Crore
When a flat cost exceeds Rs 1 crore its buyer will now have to file a consumer dispute directly in front of the national commission in Delhi, not before state commission in the city. The Maharastra state consumer dispute redressal commission recently stated that price of a flat will decide which commission has jurisdiction to hear disputes filed under Consumer Protection Act (1986). The market for affordable housing in Mumbai Metropolitan Region (MMR) which gained fame mostly in Kandivali,
Recently Alipore is Reaching Heights in Terms of Properties
Best property selling locality: Alipore It is said that Alipore is almost as old as Kolkata and British developed most of Alipore. Alipore having a historical outlook with old Kolkata building has become a tourist attraction over the years, notwithstanding the changing society Alipore has remained the same and has been on the green area list right after Saltlake. The home buyers are aiming at purchasing their property in Alipore not only for the area also for the developing amenities who could
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