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Govt. reduces the Rate of ESI contribution from 6.5% to 4%

Govt. reduces the Rate of ESI contribution from 6.5% to 4%

The Government of India has taken a decision to reduce the rate of contribution under the ESI Act from 6.5% to 4% (employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution being reduced from 1.75% to 0.75%). Read More…

Image Credit: PIB India
News Source: https://www.livelaw.in/top-stories/govt-reduces-the-rate-of-esi-contribution-from-65-to-4-145631

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