ESI amendment to rate of contribution - Rule 51B. Employee contribution - 1% Employer Contribution - 3%

Shanadvocate
ESI amendment to rate of contribution - Rule 51B.
Employee contribution - 1%
Employer Contribution - 3%
W.E.F 1st November for new start ups
https://economictimes.indiatimes.com...8.cms?from=mdr
Bhartiya Akhil
Advocate Sahib,
Where it is written that effective from November 1st, the corporation has amended the rates of contribution for new start ups?
Glidor
Currently, the employee's contribution rate (w.e.f. 01.07.2019) is 0.75% of the wages and that of employer's is 3.25% of the wages paid/payable in respect of the employees in every wage period.
(from ESIC website itself)
i.e total 4%
and your post means 0.25% extra contribution for new start ups?
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