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Businesses operating in India are required by law to register for Employee State Insurance (ESI), which is overseen by the Employee State Insurance Corporation (ESIC). For Indian workers making a certain monthly income, this program offers social security and health insurance benefits, which usually also include their dependents. It applies to businesses with ten or more employees, depending on the nature of the business and the region.
Our team of professionals at Taxhint Advisors is committed to helping companies manage the challenges associated with ESI registration. Our client-focused approach and thorough comprehension of regulatory requirements enable us to guarantee a hassle-free and smooth online ESIC registration process for your firm, ensuring your employees receive the full range of benefits from the ESI plan.
Employee State Insurance (ESI) is administered in accordance with the 1948 ESI Act. It is a government program intended to give employees social security benefits. The Employee State Insurance Corporation is responsible for overseeing the administration of this program (ESIC). In order to be eligible for the program, employers must properly register their enterprises with ESIC and provide worker details.
Employers may find it difficult to comply with the complex regulations set forth by the government. You can get help from Taxhint Advisors ESI specialists for these issues.
Regardless of its geographical location, any organised institution including men or women is considered an establishment under the terms of the Employee State Insurance (ESI) Act. This includes retail stores and commercial establishments, which must sign up for the ESI program if they have ten employees—or twenty in some states—and these employees make up to Rs. 21,000 (or Rs. 25,000 for those with disabilities) every month.
The official notice states that the following state government-affiliated entities are covered by Section 1(5) of the ESI Act:
In order to register online for ESI (Employee State Insurance) on the ESIC website, the following documents must be submitted in digital or electronic format:
Employees who register with ESIC are eligible for a wide range of benefits that protect their family, income, and health. Principal advantages consist of:
Following ESI (Employee’s State Insurance) registration, an establishment needs to file the necessary ESI returns and follow certain compliance requirements. These responsibilities are essential to maintaining smooth operation and compliance with legal requirements. The following are the required compliances:
The team of seasoned specialists at Taxhint Advisors, which includes chartered accountants and legal experts, provides the best legal and compliance services for ESI PF registration in India. We handle the work of registering an employer with ESI with the utmost care and attention to detail since we understand how important it is.
ESI is a social security scheme mandatory for businesses with 10+ employees earning ₹21,000 or less per month.
It offers medical, maternity, sickness, disability, and dependent benefits to employees and their families.
Employers contribute 3.25%, and employees contribute 0.75% of their wages; low-income employees may be exempt.
Register on the ESIC portal, submit business details and documents, and get a 17-digit ESI number after approval.
Failure to register may lead to a ₹10,000 fine, 12% interest on late payments, or legal action.
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