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Statutory Alert ! ESI Contribution Rate Reduced From 6.5 Percentage To 4 Percentage!! - CiteHR

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bhagwan-tolani
3

The Government of India after consultation with the Employees’ State Insurance Corporation, vide notification no G.S.R. 423 (E), has amended Rule 51 of Employees’ State Insurance (Central) Rules, 1950, wherein the existing rates of employer and employee contribution of 6.5 percentage has been reduced to 4 percentage. The rate of contribution under the new amendment for employer's will be reduced from 4.75% to 3.25% and employees' contribution will be reduced from 1.75 percentage to 0.75 percentage. The amendment will be effective from 1st july 2019.
Rgds

From India, Delhi
packiaraj83
30

Hi, ESI Contribution reduced Rate GO Attached for your information. Regards, P.Packiaraj
From India, Bangalore
Attached Files (Download Requires Membership)
File Type: pdf ESI GO.pdf (294.2 KB, 124 views)

bhagwan-tolani
3

Dear Raj, Greetings!! THat is already mentioned in the briefing. Rgds
From India, Delhi
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