CAN ANY ONE PROVIDE ME THE DETAILED RULE FOR DEDUCTION AND PAYMENT TO ESIC FOR A COMPANY.
Shivshankar (a c.a student) (229 Points)
20 August 2009CAN ANY ONE PROVIDE ME THE DETAILED RULE FOR DEDUCTION AND PAYMENT TO ESIC FOR A COMPANY.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 12 May 2011
employees share : 1.75%
Employer's share : 4.75%
total 6.5%
maximum ceiling 15000/- PM of employee
payment must be done within 21st of forthcoming month.