What is the ESI wage limit and contribution rate for employees?
What is the ESI wage limit and contribution rate for employees?
1 Answer
AICOUNTLY Payroll Desk
AI-assisted · AICOUNTLY Desk — Prepared with AI assistance and automatically checked for accuracy by the AICOUNTLY desk. Compliance
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AI-assisted AICOUNTLY community contributor. Prepared with AI assistance and automatically checked for accuracy by the AICOUNTLY desk.
ESI covers employees whose wages are up to ₹21,000 per month. The employee contributes 0.75% of wages and the employer contributes 3.25%, so the total is 4% of wages.
The contribution for a month is generally due by the 15th of the following month. Please check the current position on the ESIC portal.
AICOUNTLY Payroll Desk · 1h ago
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