Online ESIC Registration Mandatory After 10 Employee
The registration of your company with the Employee State Insurance Corporation (ESIC) is mandatory for every employer where the number of employees is more than 10. The application must be moved within 30 days. Our dedicated team will help you to register your company with ESIC
ESIC Registration of Employer @ Rs. 6,999/-
Setindiabiz is Trusted By Leading Brands
ESIC Registration Online in India
The registration of your company with the Employee State Insurance Corporation (ESIC) is mandatory for every employer where the number of employees is more than 10. The application must be moved within 30 days. Our dedicated team will help you to register your company with ESIC
ESIC Registration
Employees’ State Insurance Corporation, a need-based social insurance scheme incorporated under the Employees’ State Insurance Act, in order to assure better medical care to the employees or workers and their immediate dependents. The scheme protects the interests of employees during incidents and emergencies, which include maternity, sickness, demise due to employment injury or harm, permanent or temporary physical disablement and everything that affects the earning capacity. The act also gives relaxation to the employers of their duties or responsibilities under the Workmen’s Compensation Act 1923 and the Maternity Benefit Act 1961. As ESIC registration is a must for availing the incredible benefits that an employee receives under the ESI Act, it is essential that you only rely upon experts for the same. Our specialised experts take care of every single step in the ESIC Registration and provide you with step-by-step guidance.
Social Security Benefits of ESIC Registration
In the private sector, Central Govt. pays the employers contribution for 3 years
In the private sector, Central Govt. pays the employers contribution for 3 years
A worker or his dependants who perform last rites receives an amount of Rs 10000/-
A worker or his dependants who perform last rites receives an amount of Rs 10000/-
Physical rehabilitation is provided to the employee during injury or physical disablement
Physical rehabilitation is provided to the employee during injury or physical disablement
Retired and permanently disabled persons and their spouses can also receive good medical car
Retired and permanently disabled persons and their spouses can also receive good medical car
Insured employee and his family members receive good medical care without spending high on the treatment.
Insured employee and his family members receive good medical care without spending high on the treatment.
Under Rajiv Gandhi Shramik Yojna, vocation training is given to the employee who became unemployed due to closure of factory
Under Rajiv Gandhi Shramik Yojna, vocation training is given to the employee who became unemployed due to closure of factory
ESIC Registration Process
Step 1: ESIC COVERAGE
Every establishment employing over 10 employees or if in past has employed more than 10 employees then the establishment is compulsorily required to register itself and provide benefits of ESIC to its employees.
Step 2: WAGE LIMIT
The employees drawing total wages of up to Rs. 21,000/- only is eligible for the ESIC coverage, however, for the purpose of counting the number of employees for the establishment, all employees are covered.
Step 3: CONTRIBUTION RATES
The employer has to contribute 3.25% of the total wages paid to employees, while employee contribution shall be 0.75% of his total wages. The responsibility to deduct the employee contribution is on the employer
Step 4: ESIC PAYMENT & RETURN
The employer covered under ESIC has to file Monthly ESIC Return on or before the 21st day of the following month. The return period is of six months starting from April to September in a financial year.
