Employee Provident Fund (EPF) Original price was: 6,990.00 ₹.Current price is: 5,900.00 ₹.
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Employee’s State Insurance (ESI)

Advantages of ESIC Registration

ESI Registration grants employees both monetary and medical benefits in situations involving sickness, maternity, or employment-related injuries, along with provisions for related matters. Key benefits include:

  1. Sickness Benefits: Employees receive 70% of their salary during certified illness, applicable for up to 91 days each year.
  2. Medical Coverage: Comprehensive medical assistance is provided for employees and their families.
  3. Maternity Benefits: Paid leave is granted to women during pregnancy.
  4. Death Benefits: In the event of an employee’s death while on duty, 90% of their salary is disbursed to dependents monthly.
  5. Disability Benefits: Similar provisions apply in cases of employee disability.
  6. Funeral Expenses: Coverage for funeral costs is provided.
  7. Old Age Medical Expenses: Assistance for medical expenses related to old age.

Original price was: 5,500.00 ₹.Current price is: 4,990.00 ₹.

Required Documents

Required Documents for ESI Registration

  1. Registration Certificate (GST Certificate, Shopex, COI)
  2. Address Proof (Electricity Bill, Rent Agreement, Telephone Bill, Water Bill)
  3. PAN Card (for the business entity and all partners/directors)
  4. Cancelled Cheque (to authenticate bank details)
  5. Digital Signature of a director (to be affixed on the application form)
  6. Additional Document (For a Company: COI/MOA; For a Partnership Firm: Partnership Deed)
Services

ESI Registration Certificate

Description

The Employee’s State Insurance (ESI) is an autonomous entity operating under the Ministry of Labour and Employment, Government of India. It serves as a self-sustaining social security and health insurance program aimed at providing support to Indian workers.

Benefits of the ESI Registration Scheme for Employees

This scheme offers comprehensive medical coverage to employees registered under the ESI Act, 1948, during periods of incapacity, facilitating their recovery and return to work. It also provides financial assistance to offset wage loss during times of absence due to illness, maternity, or work-related injuries. Furthermore, the medical claims extend to family members of the insured employee.

Who Needs ESIC Registration?

Mandatory ESI Registration applies to every factory and specified establishment with 10 or more permanent employees whose wages fall below ₹21,000 per month.

Employer’s Obligation to Register

Yes, it is legally required for employers under Section 2A of the Act, in conjunction with Regulation 10-B, to register their factory or establishment under the ESI Act within 15 days from when it becomes applicable.

Definition of Establishment

As defined by the notification from the relevant government authority (Central/State) under Section 1(5) of the Act, the following types of establishments employing 10 or more individuals must comply with ESI registration:

  1. Shops
  2. Hotels or restaurants without manufacturing operations, solely engaged in sales
  3. Cinemas, including preview theaters
  4. Road motor transport establishments
  5. Newspaper establishments not classified as factories under Section 2(12)
  6. Private educational institutions operated by individuals, trusts, societies, or other organizations, and medical institutions, including hospitals, nursing homes, diagnostic centers, and pathological labs, whether corporate, joint sector, trust-based, or privately owned.

Penalties for Non-compliance

Employers failing to obtain ESIC registration or neglecting the ESI return filing process may face fines of ₹10,000.

ESI Contributions from Employers and Employees

Employers are required to contribute 3.25%, while employees contribute 0.75% of their monthly wages. Thus, the total ESI contribution is 4%, broken down as follows:

  • Employee: 0.75%
  • Employer: 3.25%

ESI Return Filing Requirements

All businesses with ESIC Registration must regularly file ESI returns. The return types and their schedules are as follows:

ESI Returns Frequency Due Date
Form 5 Half-Yearly 11th November (April to September), 11th May (October to March)
Form 1A Annually 31st January

ESI Registration Process

  1. Upload the necessary documents on our web portal.
  2. Select the suitable package and make the payment using various available options.
  3. Once the order is placed, your application will be assigned to a dedicated professional.
  4. The professional will complete the required ESI registration form.
  5. After verification, the ESI registration form will be submitted.
  6. Upon creation of the ESI account, the registration certificate will be sent to you.