ESIC have agreed to lower down the contribution for ESIC

Earlier the contribution was 4.75% and 1.75% of employer and employee respectively. With strong lobbying and constant recommendation by

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ESIC have agreed to lower down the contribution for ESIC

Earlier the contribution was 4.75% and 1.75% of employer and employee respectively. With strong lobbying and constant recommendation by Shri Dinesh Lakra, who is serving as Board Member of ESIC Board committee, the Ministry of Labour and Commerce with due approval from PMO, has passed the notification wherein , 4% from employer and 1% from employees share will be taken for ESI.
Attached alongwith is the Gazetted Draft Notification for the same.

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