ESIC

ESIC Draft Rules to Reduce Contribution Rates

Click here to download notification Ministry of Labour and Employment has issued Gazette Notification G.S.R 121 (E) dated 15/02/2019 notifying Draft Rules proposing to reduce Employee Contribution for ESIC to 1% from 1.75% and Employer Contribution to 4% from 4.75 %.  Currently, the employee’s ESI contribution rate is 1.75% of the wages and that of […]