|
|
|
|
 |
|
|
|
|
 |
|
Contribution is the amount payable
to the Corporation by the Principal Employer in
respect of an employee and comprises the amount payable by
the employee and the employer.
|
|
|
 |
|
It is obligatory on the part of the employer to calculate
and remit ESI Contribution comprising of employers' share
4.75% plus employees' share of 1.75% which is payable on
or before 21st of the following month, to the month to which
the salary relates. If the employee is drawing upto Rs.70/-
as daily average wage, he is exempt from the payment of his
share of contribution. The employer is however to pay employer's
share of 4.75% of the salary received/receivable by the employee.
|
|
|
 |
|
Recovery Of Contribution
|
|
|
 |
|
In the first instance the Principal Employer is to pay employers' share of contribution in respect of every employee whether employed directly or through immediate employer. The employees' share may thereafter, be recovered by making deduction from their wages for the wage period for which contribution is, however is payable. No such deduction may be made from any wages
other than those relating to the period in respect in which contribution is payable.
|
|
|
 |
|
|