Daily Archives: July 11, 2019

Reduces the Rate of ESI Contribution from 6.5% to 4%

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

Posted in FCRA, TAX, LEGAL | 2 Comments