Description

ESI Registration

₹ 5000/- (inclusive all)

  • Seeking Data from applicant and reviewing it
  • Resolving Queries related to documents
  • Filling the form for registration
  • Seeking confirmation from client for submission of the form
  • Making applications for registration under ESIC

Documents Requirements

  • PAN card of the business establishment

  • Registration certificate as obtained under – Factories Act and Shops and Establishment Act

  • Certificate of registration in case of a company and LLP and partnership deed for a Partnership firm

  • MOA and AOA of the company

  • LLP Agreement in case of an LLP

  • Attendance register of the employees

  • Scanned copy of the Property Tax bill 

  • A cancelled cheque of the bank account of the company

  • Digital signature of the Proprietor, Partner or Director as the case may be

  • A cancelled cheque of the bank account of the company

  • List of Directors of the company

  • List of Shareholders (as on date) in the company

  • Address proof of the Proprietor, Partner or the Company’s Directors as the case may be

  • Mobile number and email id of Proprietor, Partner or the Company’s Directors as the case may be.

  • List of all employees working in the establishment along with employee details such as :

    • Full Name,
    • father’s name,
    • Mobile Number,
    • Date of Birth,
    • Date of joining,
    • Salary,
    • Postal Address,
    • Name of the Nominee,
    • Grade,
    • Identity proof such as PAN or Aadhar Card,
    • Bank Account Number etc.

Procedure

Day 1 – 2 Data Review

  • Seeking Data from applicant and reviewing it
  • Resolving Queries related to documents

Day 3 – 4 filling up Form and Client confirmation

  • Filling the form for registration
  • Gather the necessary documents
  • Seeking confirmation from client for submission of the form

Day 5 – 6 Final Application filing

  • Making applications for registration under ESIC

Day 6 onwards Notification from Government Awaited

  • Government processing Time.

Knowledge Portal

What is ESI ?

ESI stands for Employee State Insurance managed by the Employee State Insurance Corporation which is an autonomous body created by the law under the Ministry of Labour and Employment, Government of India. This scheme is started by Indian workers. The workers are provided with a huge variety of medical, monetary, and other benefits from the employer. Any Company having more than 10 employees (in some states it is 20 employees) who have a maximum salary of Rs. 15000/- has to mandatorily register itself with the ESIC.

Advantages of  ESI Registration

1.Medical Benefit

Full medical care is provided to all persons registered under ESI and their family members – from the day the person enters insurable employment. There is no ceiling on expenditure on the treatment of an Insured Person or his family member. Medical care is also provided to retired and permanently disabled insured persons and their spouses on payment of a token annual premium of Rs.120/-.

2.Sickness Benefit

Sickness benefits at the rate of 70% (in the form of salary), in case of any certified illness certified and which lasts for a maximum of 91 days in any year.

3.Dependant Benefit

Dependant benefit is paid at the rate of 90% of wages in the form of monthly payment to the dependant of a deceased insured person, in cases death occurs due to employment injury or occupational hazards.

4.Maternity Benefit

Maternity benefit for confinement/pregnancy is provided for three months, which is extendable by further one month on medical advice at the rate of full wage subject to contribution for 70 days in the preceding year.

Frequently Asked Questions

1.How ESI scheme is helpful to an employee?

This scheme is specially designed by the government to provide full medical and financial assistance to the employee who is registered under the ESI Act. This scheme helps the employee to get compensation of the loss of his/her wage during his/her absence from work due to sickness, health issue, maternity, or employment inquiry. The benefits listed in the scheme extends to insured person’s family members also.

2.Why this scheme is called as Self-Funding Scheme?

The scheme is primarily designed out of contribution made by employer & employee every month at a fixed percentage of the salary paid. Under this scheme, State Government also contributes 1/8th Share of the total cost of the Medical Assistance.

3.What if the salary of an employee exceeds Rs. 21000/- in a month, will he be still covered under scheme or the contribution from both side will stop?

No, the scheme will remain enforced till he continues to be part of the same organization irrespective of the fact that he/ she is earning more salary than 21000/- per month.

4.After registering under ESIC Scheme, is there any unique number allotted to the employee?

To verify the details of the employee, the ESI Scheme issues a Unique Identification number to each employee or worker which is called as Insurance number and the same can be used for all operational purposes.

5.What is the eligibility criteria for ESI Registration in India?

The universal rule to be qualified for ESI (Employees’ State Insurance) registration is to have 10 or more employees/workers. However, in few states and regions, ESI is applicable only if there are more than 20 employees.

6.As an employer in how many days I should get ESIC Registration after falling under eligibility criteria of this scheme?

Once the company/entity falls under the eligibility criteria, the registration needs to be taken within 15 days from the date it become eligible. This is the statutory responsibility of the shop/establishment or an entity.

7.Which are the essential documents required to maintain for filing ESI Returns?

There are few documents which an entity registered under ESIC Scheme needs to maintain regularly for filing ESI returns. They are as under:
1. Attendance register
2. Form 6
3. Register of wages
4. Register of any accidents on the premises
5. Inspection book
6. Monthly challans and returns submitted for ESI

8.What is the Present Rate of Contribution under this scheme by Employer and employee?

a) Employer’s contribution: A sum equal to 4.75% of the wages payable to an employee, rounded off to the next higher rupee
b) Employee’s contribution: A sum equal to 1.75% of the wages payable to an employee, rounded to the next higher rupee;

In compliance with the Notification published in the Gazette of India dated 6.10.2016, the rates of employer’s and employee contribution for the initial twenty-four months from the date of implementation of the Act are subject to the following:-

(a) Employer’s contribution – A sum (rounded to the next higher rupee) equal to 3% of the wages payable to an employee; and
(b) Employee’s contribution – A sum (rounded to the next higher rupee) equal to 1% of the wages payable to an employee.

9.What are the compliance after registering under ESIC Scheme?

Every entity covered under this scheme needs to comply with mandatory filing such as regular deposit of monthly contribution to file half-yearly returns and report to ESIC authority for any changes or amendment made in business activity, address, ownership and management, etc.

10.Can I transfer my benefits to someone other than my family members?

No, the benefits under this scheme is non-transferable.

11.What is the time limit for payment of contribution?

In respect of an employee the contribution shall be paid in a properly registered bank of the Company, within 21 days of the last day of the calendar month in which the contribution is due for any period of wage (Reg. 29 & 31).