Concept: Employee's State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers.
Applicability: ESI Registration is mandatory 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.
Contribution: ESI contributions must be made by the employer for all employees having a salary of less than Rs.21,000 per month.Â
Monthly Return: ESI return must be filed monthly by all persons and entities having a ESI registration.
Tax Payment: An establishment requires paying ESI contribution of an employer as well as of employee on 15th of every month.
Packages
Choose the package that suits you and let us know.
Why you need ESI Registration?
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.