Proposed Revised ESI Contribution Rates (Employer 4%, Employee 1%)
Ministry of Labour and Employment, Govt. of India has notified the draft of proposed revised/ reduced rates of ESI Contribution in respect of Employer Contribution (existing rate 4.75% – proposed rate 4%) and Employee Contribution (existing rate 1.75% – proposed rate 1%), for comments from stakeholders within 30 days. After reviewing the objections and/ or suggestions, if any, the Govt. will later notify the final date of change in the rates of ESI Contribution through a separate notification.
Draft Revised ESI Contribution Rates (Employer 4%, Employee 1%): MoLE (GOI) Notification dt. 15 Feb. 2019
G.S.R. 121(E).- The following draft of certain rules further to amend the Employe...