Hi Pavan,
The Employee contribution is 1.75% on gorss and Employer contribution is 4.75% on gross. but as per the new notification the employees covered under ESI scheme is whose gross salary is upto 15000. earlier it was 10000.
for more information visit ESi website
regards
Mohamed Rafiulla
From Saudi Arabia
4The Employee contribution is 1.75% on gorss and Employer contribution is 4.75% on gross. but as per the new notification the employees covered under ESI scheme is whose gross salary is upto 15000. earlier it was 10000.
for more information visit ESi website
regards
Mohamed Rafiulla
From Saudi Arabia
Mohd. R is right. It has been updated to 15000. although its not mentoned on website but our PF officer told us. And it will be effective from this financial year.
From India, New Delhi
From India, New Delhi
Pls find attached Gazette amending the ESIC Limit from 10000 to 15000. Reagrds/Shweta
From India, Mumbai
From India, Mumbai
Dear Mr. Pawan, The limit of ESI has been revised w.e.f 01/05/2010 from 10000 to 15000. please see the order in attached file. Regards, Ramesh Pandey
From India, Patiala
From India, Patiala
ESI contribution is @ 1.75% towards Employees contribution and 4.75% towards employers contribution. The wage limit is upto and including Rs. 15000/- In the case of physically handicapped persons with disability of 40% or more they were covered upto the wage limit of Rs. 25000/- per month. For those disabled persons the employers contribution @ 4.75% is not required to be paid by the employer but it will be paid by the Central Government. In other words the disabled persons with disability of 40% or more are required to contribute only 1.75% upto the wage limit of Rs. 25000/- Like wise for lower paid employees whose average daily wage is less than Rs. 70/- per day, they are also not required to contribute their share of contribution @ 1.75% and only the employers contribution @ 4.75% is to be paid by the employer. However they are entitled for all the benefits at par with the employees who are paying employees contribution @ 1.75%
From India, Hyderabad
From India, Hyderabad
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ESI contribution rates lowering.pdf