ESI contribution rates can fluctuate depending on the geographical region/location where your company operates. Therefore, we need to configure the ESI rules location-wise.
Therefore, we need to configure the ESI rules location-wise.
On the Home Page, click “Compliance.”
Click “ESI” under “Compliance.”
Click “ESI Rules” under “Configuration, Settings.”
Click the “View/Edit” option against the location.
Enter the “ESI Number.”
Select the “ESI type” from the drop-down menu.
Standard Contribution: Standard contribution will have 0.75% and 3.25%.
Reduced Contribution: Reduced contribution rate of 1% and 3% Contribution applicable only for first-time ESI-implemented areas as per ESI Notification.
Click “Save.”
The video outlining the process is attached for your reference.