Glidor
Hr Consultant
Amit Aishwary Choudhary
Managing People At Work.

Thread Started by #vijay1977gajjala

Dear Members,
We have a manpower contract in newly ESI notified are in Andhra pradesh. We obtained a sub code for this and unable to make contribution @4%. As the contribution are being paid online and software calculate @ 6.5% automatically.
Please help me how to make contribution @ 4% or it is not applicable for sub code unit.
Regards,
rajendra
3rd January 2017 From India, Vijayawada
go through this circular where everything is cleared http://esic.nic.in/backend/writeread...e753df22ba.pdf
3rd January 2017
- A new rule is introduced under the Employee State Insurance Scheme which states that in the areas where the scheme is implemented for the first time, the employer’s contribution and employee’s contribution would be as follows for the initial period of 24 months from the day it’s been implemented.
- Employer: 3% of wages payable to the employee, such sum rounded to next higher rupee.
- Employee: 1% of wages payable to employee, such sum rounded to next higher rupee
-After completion of the aforesaid 24 months, the rate of contribution would be the same as existing i.e. (4.75% in respect of employer and 1.75% in respect of employee).
5th January 2017 From India, Delhi
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