ESIC issued a corrigendum regarding guidelines for the closing Annual Accounts for the financial year 2022-23

Mar 27, 2023 | by TeamLease RegTech Legal Research Team

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Labour ComplianceThe Employees State Insurance Corporation (ESIC) on March 23, 2023, issued a corrigendum regarding guidelines for the closing of Annual Accounts for the financial year 2022-23

In continuation of this office letter no. F-14/12/1/2022-23-A/cs.I dated March 02, 2023, regarding guidelines for the closing of Annual Accounts for the financial year 2022-23, para 4 & para 6 has been.

The following has been modified-

•PARA 4 Provision for PDB, DB & ESIC Covid-19 Relief Scheme"

Efforts shall be made to communicate the figures of the capitalized value of "Permanent Disablement benefits","

•PARA 6-Provision for Expenditure

Provision for liabilities is to be made as follows: (V)-"Bills payable to Super Speciality Hospital"

The rest of the contents of the guidelines shall remain the same.

[Notification No. F-14/12/1/2022-23-A/cs.]


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