Section 39 of ESI Act : Section 39: Contributions
ESI Act
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Explanation using Example
Imagine a scenario where XYZ Textiles Pvt. Ltd. employs 100 workers. As per the Employees State Insurance Act, 1948, XYZ Textiles is responsible for deducting the employee's contribution from their wages and adding the employer's contribution, before paying the total sum to the Employees' State Insurance Corporation (ESIC).
For the month of March, the company must calculate the contributions based on the prescribed rates by the Central Government. Let...
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