Government has reduced contributions of ESIC to 4% from 6.5%

The government has reduced the contribution under the Employees’ State Insurance (ESI) Act to 4% with effect from 1st July 2019 from 6.5%, a move expected to increase the take home salary of workers as well as reduce the financial burden of employers. The decision will benefit 36 million workers and 1.28 million employers.. Read More
17th June 2019 From India, Delhi

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ESIC contribution change notification wef 1st July 2019.pdf (294.2 KB, 108 views)