WebPage 1 of 4 WIC2024 Declaration.v2.23 Work Injury Compensation (WIC) Insurance Declaration of Number of Employees and Earnings for WIC Insurance Important Notice 1. STATEMENT Pursuant to Section 25(5) of the Insurance Act (or any subsequent amendments thereof) - We WebForm (EDF), claiming the Exemptions and Reliefs to which you are en titled. Your Employer will then deduct 1/13 of the Income Exempti ons & Reliefs claimed from your monthly emoluments to obtain the chargeable income on which he will apply the corresponding rates of 10%, 12% or 15%. Employees drawing monthly emoluments not exceeding Rs. 25,000
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