Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
ESI contribution rate (Employer + Employee) reduced to 4% from 6.5%
With this reduction, the employers’ contribution to the ESI Act has been reduced to 3.25 percent from 4.75 percent and the employees’ contribution has been reduced to 0.75 percent from 1.75 percent. The reduced rates will be effective from July 1.
The healthcare benefits under the ESI scheme will remain the same.
In an establishment covered under ESI, The ESI Act applies to employees drawing a salary of up to ₹21,000. The ESI Act provides for medical, cash, maternity, disability and dependent benefits to the insured persons funded by the contributions made by the employers and the employees.

From India, Thana

Attached Files
File Type: pdf ESI Notification - 2019 (1) CONTRIBUTION REDUCED TO 4% W.E.F JULY 19.pdf (294.2 KB, 321 views)

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™