Dear All,
The Government of India, after consultation with the "Employees State Insurance Corporation," has amended Rule 51 of ESIC (Central) Rules 1950. ESIC contribution has been reduced as mentioned below. The amendment is effective from 1st July 2019.
ER-share: old contribution i.e. 4.75% to new contribution i.e. 3.23%
EE-share: old contribution i.e. 1.75% to new contribution i.e. 0.75%
From India, Gurgaon
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54The Government of India, after consultation with the "Employees State Insurance Corporation," has amended Rule 51 of ESIC (Central) Rules 1950. ESIC contribution has been reduced as mentioned below. The amendment is effective from 1st July 2019.
ER-share: old contribution i.e. 4.75% to new contribution i.e. 3.23%
EE-share: old contribution i.e. 1.75% to new contribution i.e. 0.75%
From India, Gurgaon
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Dear all, Pl.note - Employer’s contribution revised to 3 1/4% or 3.25% down from 4 3/4% or 4.75% Employees' contribution revised to 3/4% or 0.75% down from 1 3/4% or 1.75%
From India, Bangalore
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From India, Bangalore
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Dear Kumar S.,
Kindly read the attached notification carefully. This includes a reduction of 1.5% in employers' contribution to 3.25% from 4.75% and a 1% reduction in employees' contribution to 0.75% from 1.75%. Please do not interpret it incorrectly.
Seek expert advice if you have any confusion.
Thank you.
From India, Gurgaon
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Kindly read the attached notification carefully. This includes a reduction of 1.5% in employers' contribution to 3.25% from 4.75% and a 1% reduction in employees' contribution to 0.75% from 1.75%. Please do not interpret it incorrectly.
Seek expert advice if you have any confusion.
Thank you.
From India, Gurgaon
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Dear JagdishP,
"The Government of India, after consultation with the Employees' State Insurance Corporation, has amended Rule 51 of ESIC (Central) Rules 1950. ESIC contribution has been reduced as mentioned below. The amendment is effective from 1st July 2019.
ER-share old contribution, i.e., 4.75%, to new contribution, i.e., 3.25%.
EE-share old contribution, i.e., 1.75%, to new contribution, i.e., 0.75%.
Best Regards,
Jagdish Pathak
+91 9811488664"
Dear JagdishP,
"ER-share old contribution, i.e., 4.75%, to new contribution, i.e., 3.25%." (This should be 3.25% instead of 3.23%, as stated. Am I correct or not?
EE's contribution as revised to 0.75% is okay."
From India, Bangalore
Acknowledge(0)Amend(0)
"The Government of India, after consultation with the Employees' State Insurance Corporation, has amended Rule 51 of ESIC (Central) Rules 1950. ESIC contribution has been reduced as mentioned below. The amendment is effective from 1st July 2019.
ER-share old contribution, i.e., 4.75%, to new contribution, i.e., 3.25%.
EE-share old contribution, i.e., 1.75%, to new contribution, i.e., 0.75%.
Best Regards,
Jagdish Pathak
+91 9811488664"
Dear JagdishP,
"ER-share old contribution, i.e., 4.75%, to new contribution, i.e., 3.25%." (This should be 3.25% instead of 3.23%, as stated. Am I correct or not?
EE's contribution as revised to 0.75% is okay."
From India, Bangalore
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ESI Rule 52-Amended-Aver age Wage Limit Increased For Certain Cases Under Exemption From Payment .pdf