Govt takes historic decision to reduce ESI contribution rate from 6.5% to 4%

Last updated: 14 June 2019

The Government of India has taken ahistoric 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%). Reduced rates will be effective from01.07.2019.Thiswould b

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