The following types of establishments with 10 or more employees require ESIC registration:
As of 01.07.2019, the contribution rate for employees is 0.75% of wages, while the employer’s contribution is 3.25% of wages paid to employees. This rate may change periodically.
ESIC ensures unemployment benefits to employees in cases of permanent invalidity due to a non-employment-related injury or involuntary job loss. The benefit includes unemployment allowances equal to 50% of the wage for up to one year, along with continued medical care for the employee and their family at ESI Hospitals.
To register as an employer under the Employee State Insurance (ESI) scheme, the employer must submit an online application through the ESIC portal. The required details include the establishment's name, address, and other business-related information, along with details of employees. Once the application is verified, a unique code number will be issued to the employer.
Yes, it is mandatory for employers who have 10 or more employees and whose employees earn a monthly wage of Rs. 21,000 or less to register under the ESI scheme. This ensures employees are eligible for various benefits provided under the scheme.
GSTR-1 must be filed by all registered taxable persons to report their outward supplies. It is due by the 10th of the following month or quarter.
Yes, the benefits provided under the ESI scheme, such as medical, sickness, maternity, and dependent benefits, are transferable. Employees can avail these benefits across ESI hospitals and dispensaries, even if they change jobs, provided they are still insured.
The Employee State Insurance (ESI) Scheme is a self-financing health insurance and social security program designed to provide financial assistance and medical benefits to employees and their dependents in case of sickness, maternity, injury, or death. It also covers a range of welfare benefits for workers and their families.
A Code Number is a unique identification number assigned to every registered employer under the ESI scheme. This number is used to track the employer's contributions, returns, and compliance with the ESI regulations. It is essential for accessing and maintaining the records of all employees covered under the scheme.
Yes, certain factories or establishments may apply for an exemption from ESI coverage if they meet specific conditions as outlined by the Employees' State Insurance Act. An exemption may be granted by the relevant authorities if the establishment meets criteria such as having fewer employees or if the nature of the business does not require ESI coverage.
The employer must deposit the ESI contributions on or before the 15th of the following month after the wages are paid to employees. Delayed payments attract penalties and interest charges, so employers must ensure timely payment to avoid penalties.
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