Loginmiraclelogistics
Asso.prof.(commerce & Management) Pg
Jagdish.pathak
Payroll Services

PRIME SPONSOR - FACTOHR - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Dear All, The Government of India after consultation with the "Employees State Insurance Corporation" has amended Rule 51 of ESIC (Central) Rules 1950, ESIC contribution has been reduced as mentioned below. The amendment is effective from 01st July 2019.
ER-share old contribution i.e. 4.75 % to new contribution i.e. 3.23 %
EE-share old contribution i.e. 1.75 % to new contribution i.e. 0.75%

Attached Files
Membership is required for download. Create An Account First
File Type: pdf ESIC G.S.R-121E Redued contribution rate wef 1-7-19.pdf (294.2 KB, 214 views)

Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Dear all,
Pl.note - Employer's contribution revised to 3 1/4% or 3.25% down from 4 3/4% or 4.75%
Employees' contribution revised to 3/4% or 0.75% down from 1 3/4% or 1.75%
Dear Kumar S.
Kindly read the attached notification carefully. This includes a reduction of 1.5% in employers' contribution to 3.25% from 4.75% and 1% reduction in employees' contribution to 0.75% from 1.75%. ..
And do not interpret the wrong thing.
Get the expert advise, if you have any confusion.
Dear JagdishP,
"The Government of India after consultation with the "Employees State Insurance Corporation" has amended Rule 51 of ESIC (Central) Rules 1950, ESIC contribution has been reduced as mentioned below. The amendment is effective from 01st July 2019.
ER-share old contribution i.e. 4.75 % to new contribution i.e. 3.23 %
EE-share old contribution i.e. 1.75 % to new contribution i.e. 0.75%
Best Regards,
Jagdish Pathak
+91 9811488664 "
-------------------------
Dear JagdishP,
" ER-share old contribution i.e. 4.75 % to new contribution i.e. 3.23 % " (This should be 3.25% instead of 3.23% as stated, am I correct or not ?
EE's contribution as revised to 0.75% is ok.
PRIME SPONSOR - TALENTEDGE "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
Add Reply Start A New Discussion






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™