Currently the employee’s contribution rate towards ESIC (w.e.f. 01.07.2019) is 0.75% of the wages and that of the employer’s is 3.25% of the wages paid/payable in respect of the employees in every wage period.
However, this rate keeps on changing from time to time.
There are two contribution periods each of six months duration and two corresponding benefit periods also of six months duration.
The benefits of registering under this scheme are varied. Some of them are:
With our experienced and skilled personnel, We at UpriseLegal makes process of ESIC registration very smooth and helps you in each and every step at a very affordable prices. You don’t have to worry on ESIC registration as UpriseLegal is there to provide all the assistance that you need.We follow law to the core and uses our knowledge to avoid any hassles in your business so that you can rise and grow! You may get in touch with our compliance manager on 9173512402 or email us at [email protected] for free consultation.