Hello all,

Greetings for the day!

I am working as an HR in a company and wanted to know if ESIC is calculated as 1.75% of the gross for employee contribution and 3.75% of the gross for employer contribution. Is this correct?

From India, Delhi
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ESI Contribution Employee = 1.75% of Gross Employer = 4.75% of Gross
From India, Chennai
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Hi,

Mr. Saravanan is right, and Swati, please go through the web link:

Finance | Employee's State Insurance Corporation, Ministry of Labour & Employment, Government of India

With regards,

Kusuma N

From India, Bangalore
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Anonymous
Hi, Gross salary ESI Contribution Employee = 1.75% of Gross salary Employer = 4.75% of Gross exmple.10000 gross. employee contribution:1.75%*10000=175 & employer contribution:4.75%*10000=475
From India, Delhi
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