Reduction of contribution for ESI
June 17, 2019
Members of the Council.
Sub : Reduction of contribution for ESI
Please find enclosed the Gazette Notification No. G.S.R. 423 (E) dated June 13, 2019 of Ministry of Labour and Employment, Govt. of India regarding contribution of Employees State Insurance (ESI). This notification mentions about reduction of rate of contribution under the ESI Act from 6.5% to 4% with effect from July 1, 2019 (employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution being reduced from 1.75% to 0.75%).
Thanks and regards
COUNCIL FOR LEATHER EXPORTS