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Shanadvocate
ESI amendment to rate of contribution - Rule 51B.
Employee contribution - 1%
Employer Contribution - 3%
W.E.F 1st November for new start ups
https://economictimes.indiatimes.com...8.cms?from=mdr

From India, Chennai
Bhartiya Akhil
183

Advocate Sahib, Where it is written that effective from November 1st, the corporation has amended the rates of contribution for new start ups?
From India, Mumbai
Glidor
632

Currently, the employee's contribution rate (w.e.f. 01.07.2019) is 0.75% of the wages and that of employer's is 3.25% of the wages paid/payable in respect of the employees in every wage period.
(from ESIC website itself)
i.e total 4%
and your post means 0.25% extra contribution for new start ups?


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