CONTRIBUTION
The ESI Scheme is mainly financed by contributions raised from employees covered under the
scheme and their employers, as a fixed percentage of wages. Present rates of
contribution are as under:-
(i) Employees' Contribution : 1.75 percent of wages
(ii) Employers' Contribution : 4.75 percent of wages
• Employees' earning upto Rs.100/- a day as wages are exempted from payment of their part of
contribution.
• The State Govts. bear one-eighth share of expenditure on Medical Benefit within the per capita
ceiling of Rs.1200/- per annum and any additional expenditure beyond the ceiling.
WAGE CEILING
Employees of covered units and establishments drawing wages upto Rs.15,000/- per month come
under the purview of the ESI Act, 1948 for multi-dimensional social security benefits.
Salary a/c Dr.12,000 Salary Payable 9,600.00 PF Employee Contbn. 2,400.00 (being Salary Payable for the month of May 2012). Salary Payable A/c Dr. 9,600.00 to Bank 9,600.00 (being Salary Paid for the month of May 2012) PF Employee Cotbn. 2,400.00 PF Employer Contbn 2,600.00 To Bank 5,000.00 (Being the PF Amount Paid for the month of May 2012) Contact SGC Management Services - ESI PF Consultant For Best Consult
ESI Consultants, ESI Consultants, Employee State Insurance Consultants, ESIC Consultants, Employee State Insurance Consultants, EPF Consultants, Corporate EPF Consultants, Employees Provident Fund Consultants, Provident Fund Consultants, PF Consultants, Labour Law Consultants, Labour Law Licensing Consultants,
There is no rebate on PF. You only get tax benefits for PF contributions equal to the amount contributed subject to an upper limit of 1 lakh.
The population of ESI Group is 2,009.
The population of ESI Group is 783.
ESI Group was created in 1973.
Mono Esi was created in 1998.
Muammer Esi died in August 2007.
Rs 10000/- WEF 1st May 2010 the wages has been changed now it is 15000.
Pablo Ndong Esi died on 2010-12-15.
In Lithuanian language "you are very beautiful" is "Tu esi labai grazi" (for female) and "Tu esi labai grazus" (for male). Pronunciation: "Tu esi labai grazi" - "To esi lahbai grahji" (for female). "Tu esi labai grazus" - "To esi lahbai grah-joos (for male).
where on the meter is the esi id number on centerpoint meters