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Income tax exemption to Employees State Insurance (ESI) Fund [Section 10(25A)] – Income Tax

Income tax exemption to Employees State Insurance (ESI) Fund [Section 10(25A)] :

The contributions paid under ESI Act, 1948 and all other moneys received on behalf of the ESI Corporation are paid into a Fund called the ESI Fund. This Fund is held and administered by the ESI Corporation. The amounts lying in the Fund are to be expended for payment of cash benefits and provision of medical treatment and attendance to insured persons and their families, establishment and maintenance of hospitals and dispensaries, etc. Any income of the ESI Fund is exempted.

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