ESI Registration
Rs.5,990.00
Employee’s State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers
Employee’s State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers. For all employees earning INR 21000 or less per month as wages, the employer contributes 4.75 percentage and the employee contributes 1.75 percentage, total share 6.5 percentage. This fund is managed by the ESI Corporation (ESI) according to rules and regulations stipulated therein the ESI Act 1948, which oversees the provision of medical and cash benefits to the employees and their families through its large network of branch offices, dispensaries and hospitals throughout India. ESI is an autonomous corporation under the Ministry of Labor and Employment, Government of India. But most of the dispensaries and hospitals are run by concerned state governments.
Employees registered under the ESI enjoy a range of benefits under the scheme. Employees enjoy medical attendance and treatment for the person insured and their families including a full range of medical, surgical and obstetric treatment, supply of all drugs, ambulance services, super-specialty consultation, etc., In addition, to the medical care, insured persons also enjoy sick pay benefits. Registration with ESI provides the employee with tremendous benefits and improves worker morale and retention. TaxFino can help your Company obtain and manage ESI Registration.
Benefits
Employee’s State Insurance Corporation(ESI) is a self-ESI provides employees registered the scheme with a host of medical and sickness benefits
Employees registered under the scheme can avail medical facilities and are also entitled for sick pay benefits
Eligibility
ESI Registration:
ESI Registration for Employers having more than 10 employees. The Employer must contribute 4.75% of the Employees’ wages towards ESI. Once, registered the organization is allotted a 17 digit unique identification code
ESI Contribution:
ESI contributions must be made by the employer for all employees having a salary of less than Rs.21,000 per month. The employer must contribute 4.75% and employee must contribute 1.75% of the wages for ESI
Continued Compliance:
Organizations under ESI coverage must file annual return showing the changes if any during the preceding year. Return of contributions enclosing copy of all ESI contributions paid must be submitted once every six months
Documents
Certificate of Incorporation
PAN of Company/Proprietor
GST/MSME Certificate
Cancelled Cheque
Address Proof of Company
Address Proof of Company’s Director/Partner/Proprietor
Copy of First Sale Bill/Job work bill and First Purchase Bill
Details of Employees of the Company
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