Curious About ESIC Deductions? Let's Discuss Current Rates and Limits Together

Sanjeev kumar
Dear All,

Please advise me about ESIC. What is the current rate of deduction and the maximum amount to deduct? I am sharing with you some information from Dainik Jagran newspaper; it is really interesting.

Thanks,
Sanjeev
globaloverseas144
Current rate is Rs. 10,000 or less (Basic + DA + HRA + other earnings) salary. 1.75% from the employee side and 4.75% from the employer side.

Best Regards,

Sajid Ansari
sumispj
Dear Mr. Sanjeev,

First, you need to clarify what you want. Do you need the contribution percentages of an employee and an employer for ESIC?

In the present scenario, if an employee's salary is up to Rs. 10,000.00, then they are eligible for ESIC contribution. 1.75% will be deducted from their salary, and 4.75% will be contributed by the employer.

Regards,
Suman
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