Question

The ESI contribution rates were reduced to 0.75% for employees and 3.25% for employers with effect from:

1.
1 July 2019
2.
1 January 2020
3.
1 April 2019
4.
1 April 2018
Answer (Detailed Solution Below)

Option 1 : 1 July 2019

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Detailed Solution

सही उत्तर 1 July 2019 है।

Key Points

The ESI contribution rates were reduced from 1.75% and 4.75% to 0.75% and 3.25% with effect from 1 July 2019.

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More Domain-Specific Questions

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Question:

The ESI contribution rates were reduced to 0.75% for employees and 3.25% for employers with effect from:

1.
1 July 2019
2.
1 January 2020
3.
1 April 2019
4.
1 April 2018

Correct Answer: 1 July 2019

The ESI contribution rates were reduced from 1.75% and 4.75% to 0.75% and 3.25% with effect from 1 July 2019.

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