ESI Registration India
ESI Registration India is needed for a company having more than 10 employees who draw a maximum monthly salary of Rs 15,000. The full form of ESI is Employee State Insurance. This scheme, managed by Employee State Insurance Corporation offers several medical and monetary benefits to employees.
Lowest Money
100+ CA/CS
Satisfaction & Money Back Guarantee
ESI Registration India
Employee State Insurance or ESI is a scheme commenced by the Government of India to offer medical, monetary and other advantages to workers. ESI is managed by an autonomous authority - Employee State Insurance Corporation – which lies under the jurisdiction of the Ministry of Labour and Employment. By law, any company that has more than 10 employees mandatorily need to have ESI. In some states, the number of employees is 20.
Benefits of ESI Registration Online
Medical Aid
Sickness Benefits
Dependent Benefits
Funeral Expenses
Documents required for ESI Registration Process
ESI registration Online requires the following documents to be submitted by the employer along with the application:
To register for ESI (Employees’ State Insurance) the employer has to submit the following documents along with the application:
- The registration certificate or license issued by:
- Shops and establishment Acts
- Factories Act
- Address proof (Rent receipt of the occupied premises, mentioning its capacity)
- Copy of PAN card
- Copy of bank statement
- Photocopy of the last building tax/property tax receipt
- Memorandum and Articles of Association or Partnership Deed or Trust Deed – dependent on the applying entity
- Photocopy of registration
- Certificate of commencement of production
- Registration No. of CST/ST/GST
For ESI filings, monthly pay sheet is required for computing contribution amount for each employee.
Due Dates For ESI:
- Payment:Â 15th of every month
- Returns:Â May 11th and November 11th
Due Dates For PF:
- Payment:Â 15th of every month
- Returns:Â May 25th of every month
These were the documents filed by the company. The employee has to submit two copies of the family photo.
Eligibility for ESI Registration India
The general rule to be eligible for ESI (Employees’ State Insurance) registration is to have 10 or more workers. But in some regions, ESI is applicable only if there are more than 20 employees.
Other eligibility criteria that need to be fulfilled are:
- Any employee whose gross salary is up to Rs. 21,000 per month can avail this with the help of the employer.
- Establishment Registered with EPFO.
- The contribution to ESI is 6.5% of the gross salary. It is divided as:
- 4.75% by the employer
- 1.75% by the employee
For industrial units, where there are chances of occurrence of injury or health issues at the business premise, all employees with salary less than Rs.21,000 compulsorily need to have ESI.
What are the criteria for filing returns after ESI registrations are finalised?
ESI returns are to be mandatorily filed bi-annually along with the following documents:
- Register of attendance of employees
- Register of wages
- Form-6 register
- Monthly returns and respective challans
- Registration of any accidents taken place within the industrial or business premises.