Answer / kirti

Employers contribution will be 4.75%
Employees contribution will be 1.75% (if the earning is
equal or less than 50 rupees upto 70 are exemp from
contribution)

Answer / satish

E.S.I was deducted from Groos wages of employee
that is 1.75% from employee
and 4.75% from the employer

Answer / anonnymus

limit updatded to RS 15000/

Answer / ak&

ESI is caluclated on gross
if employee gross salary is below 15000 the %age of 1.75%
and employeer gross salary is below 15000 the %age of 4.75%

Answer / asdsad

I Think That Above Statement is TRue

Answer / g.lakshmi sudha ragini

1.75%in employees Salary and 4.75%employeers salary in gross


salary (Are net amount)

Answer / vinay kumar kharbanda

ESI is deductible from salary of employee @1.75% and
Employer contributes @ 4.75%
The threshold limit is Rs.10000/- i.e. if the salary is
equal to ir more than Rs.10000/- than no ESI is deductible
from particular employee salary and also employer will not
contribute for the same.

Answer / priya

The ESI Scheme is mainly financed by contributions raised from employees covered under the scheme and their employers, as a fixed percentage of wages. As of now, the rates of contribution are:-

( i )

Employees’ Contribution

:

1.75 percent of wages



(ii)

Employers’ Contribution

:

4.75 percent of wages



Employees’ earning upto Rs.50/- 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.900/- per annum and any additional expenditure beyond the ceilin

Answer / piyush

if the gross salary is above Rs.15000/- so will be include or deduct of ESI

Answer / akash jain

The ESI deduction is always on the complete salary, who are drawing Rs. 15,000/- or less. It is not necessary for the management to deduct and pay the esi contribution for the employee who are drawing more than Rs. 15,000/- per month as wages/ salary. The employee share of contribution of ESI is @ 1.75% and employer share of contribution of ESI is @ 4.75%

I hope that the above will satisfy your query.

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