#1
December 13th, 2012, 11:16 AM
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ESIC wages India
I am looking the Employees State Insurance Corporation wages of India. Would you provide me employees state Insurance Corporation’s information?
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#2
December 15th, 2012, 11:20 AM
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Re: ESIC wages India
As you are looking for the ESIC Wages detail in India. So Currently an employee contribute 1.75% of the wages whereas, an employer contributes 4.75% of the wages payable to an employee. Total contribution is in respect of an employee thus works out to 6.50% of the wages payable. Total Salary includes Basic+DA+Conveyance+other allowance+PF+bonus. Total salary exceeds Rs.15000/Month are exempted from payment of contribution. And These rate and exemption limit will be changed time to time. |
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