We are member of ESIC, we are paying contribution @ 1.75% and employer contribution is 4.75%. recently I came to know that government has reduced the contribution percentage for implemented area. Our location area falls in newly implemented area.
Since we have contributed @ prescribed rate ( 1.75% & 4.75%) so far. If our company falls under new implemented area than why ESIC were taking excess money. Challan generated through ESIC portal how can we change contribution rate. Is it any idea?
From India, Bhubaneswar
Under ESI Act, Management Contribution is 4.75% and Employee contribution id 1.75%. What is the doubt?
From India, Madras
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