EXPLAINED! ESIC scheme benefits for employees: Salary, pension and medical benefits, all you should know
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EXPLAINED! ESIC scheme benefits for employees: Salary, pension and medical benefits, all you should know
In case of an emergency, anyone can suddenly require a big amount of money. This can be a medical emergency or some other financial need. Working professionals can use their Provident Fund money, but that should not ideally be done.
Nov 19, 2019
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A tweet from ANI tells us that the ESI contribution rates have been reduced from 6.5% to 4%. The new employee share will be 0. 75% and the new employer's share will be 3.25%. However, we have not received any official confirmation yet, stay tuned for more updates. Cheers for this ESIC news, and the new ESI contribution rates. Open Demat a/c with this link, get 7 investing courses FREE of cost: https://zerodha.com/open-account?c=ZM... --------------------------------------------------------------
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