On January 10, 2024, the State of Karnataka brought into effect a law that now requires the employers having establishments in Karnataka to compulsorily obtain an insurance policy to cover their liabi...
Published On: 18/06/2019
Practice Area: Government & Regulatory, Employment Law
Authors:
Manishii Pathak
Avik Biswas
Under the Employees State Insurance Act, 1946, the contribution, at a specified rate, payable to the ESI Corporation in respect of an employee comprises both the employer and employee contributions. Until recently, the contribution rate was 1.75% and 4.75% of the wages, by an employee and employer, respectively. The Government of India, after consultation with the ESI Corporation, has made amendments to this rate of contribution. INDUSLAW's Manishi Pathak, Avik Biswas and Poonam Das discuss.
