Hello Dear
Can anyone please guide me that how much percentage we should to deduct in ESIC contribution of gross salary per month.
Let's suppose - There is one employee whose monthly salary is 20,000 pm so then how much percentage of 20,000 (of Monthly salary) i should to dedcut in ESIC contribution.
Please help
Thanks & Regards
Om Prabh
From India, Delhi
2Can anyone please guide me that how much percentage we should to deduct in ESIC contribution of gross salary per month.
Let's suppose - There is one employee whose monthly salary is 20,000 pm so then how much percentage of 20,000 (of Monthly salary) i should to dedcut in ESIC contribution.
Please help
Thanks & Regards
Om Prabh
From India, Delhi
Dear Sir, You have to deduct 1.75% of 20000/- from the employee and 4.75% of 20000/- from the Employer Share, i.e Rs. 350/- from Employee and Rs. 950/- from employer. Regards
From India, undefined
From India, undefined
Dear Friends,
Just I would like to add to above as under:
In newly implemented area, the rate of contribution is employee share 1% & employer share 3% from October 2016 onwards for the initial 2 years from the date of implementation.
From India, Mumbai
Just I would like to add to above as under:
In newly implemented area, the rate of contribution is employee share 1% & employer share 3% from October 2016 onwards for the initial 2 years from the date of implementation.
From India, Mumbai
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