jagdish.pathak
49

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%

From India, Gurgaon
Attached Files (Download Requires Membership)
File Type: pdf ESIC G.S.R-121E Redued contribution rate wef 1-7-19.pdf (294.2 KB, 357 views)

loginmiraclelogistics
1064

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%
From India, Bangalore
jagdish.pathak
49

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.

From India, Gurgaon
loginmiraclelogistics
1064

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.

From India, Bangalore
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