G.S.R. 121(E).—The following draft of certain rules further to amend the Employees’ State Insurance (Central) Rules, 1950 which the Central Government, after consultation with the Employees’ State Insurance Corporation, proposes to make in exercise of the powers conferred by Section 95 of the Employees’ State Insurance Act, 1948 (34 of 1948), is hereby published as required by sub-section (1) of the said Section, for information of all persons likely to be affected thereby and notice is hereby given that the said draft rules will be taken into consideration after thirty days from the date of publication in the Official Gazette.( Reducing the Percentage of Contribution)
Any objection or suggestion, which may be received from any person in respect of the said draft rules within the period specified above, will be considered by the Central Government.
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Existing Percentage
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Proposed
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Gross Wages Rs 21000
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Gross Wages Rs 21000
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Employee
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Employer
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Total
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Employee
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Employer
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Total
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1.75%
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4.75%
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6.50%
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1%
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4%
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5%
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Draft Notification :- ESI contribution rates lowering
