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  • Change in NIS Insurable Earnings Ceiling

    Effective 1 January 2020


Change in NIS Insurable Earnings Ceiling

13 January 2020

Rakesh Latchana, Managing Partner |

The National Insurance Scheme imposes compulsory insurance on employed and self-employed persons in insurable employment. Employers are required to deduct and remit contributions from the earnings of its employees while the self-employed make contributions directly, subject to the insurable earnings ceiling.