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ESI or Employee State Insurance is another important labour law essential for all establishments. This video covers the basics of ESI, who is it applicable to, the benefits of opting for ESI, and the contribution rates. Find an easy calculation example at the end.
Chapters:
00:00 Employee State Insurance Act 1948
00:51 What is ESI?
01:43 Where is ESI applicable?
02:26 Benefits of ESI
02:57 Rates and limits of ESI contribution
04:16 Example of ESI calculation
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