Under the Code on Social Security, 2020, the contribution payable by an aggregator for funding social security schemes for gig workers and platform workers is-

Section 114(4) provides that the aggregator's contribution - towards the funding referred to in section 141(1)(ii) - shall be at a rate not exceeding 2%, but not less than 1%, of the annual turnover of every aggregator falling within the categories specified in the Seventh Schedule, as may be notified, subject to the proviso that the contribution by an aggregator shall not exceed 5% of the amount paid or payable to gig workers and platform workers. Annual turnover for this purpose does not include any tax, levy and cess paid or payable to the Central Government. The scheme may also be funded by the Central or State Governments or from CSR funds, but the aggregator's statutory band is the 1-2% rate with the 5% cap.