ESI Scheme is a social security scheme which provides medical, cash, and other benefits to employees and their families. The scheme is applicable to factories and other establishments such as hotels, restaurants, cinemas, shops, and educational institutions employing 10 or more employees (20 or more in some states) drawing wages up to Rs. 21,000 per month.
ESI Corporation has extended the benefits of the ESI Scheme to the workers deployed on the construction sites located in the implemented areas under ESI Scheme w.e.f. 1st August, 2015.
Under the ESI Scheme,
For starting up a business in the United Kingdom, we will require the following documents and information:
For ESI compliance the employer has to maintain following records:
1. Wage record and books of Account maintained under other laws.
2. Accident Register in new Form-11 and
3. An inspection book.
4. The immediate employer is also required to maintain the Employees’ Register for the employees deployed to the principal employer.
There is no time limit in PF ACT to keep the records. It is suggestible preserve records for atleast 7-10 years.
For ESI compliance the employer has to maintain following records:
1. Wage record and books of Account maintained under other laws.
2. Accident Register in new Form-11 and
3. An inspection book.
4. The immediate employer is also required to maintain the Employees’ Register for the employees deployed to the principal employer.
There is no time limit in PF ACT to keep the records. It is suggestible preserve records for atleast 7-10 years.
Permanent Account Number
Digital Signature of Employer
Bank Details ( Cancelled Cheque)
List of Eligible Employees with Salary breakup
Address Proof (COI/ Telephone/ Electricity/ Water Bill)
Partnership Deed ( for Partnership Firm)
Memorandum and Articles of Association of the Company
Factory License/Shop & Establishment Registration Certificate
For starting up a business in the United Kingdom, we will require the following documents and information:
Enrolment of all eligible employees.
Deduct ESI from Employee's Salary 1.75% and Make own contribution 4.75%.
On time Deposit of ESI Amount. ESIC
File Online monthly Return
Maintaining Records and Register as per law
A) Medical Benefits to an employee and his family members
B) Cash Benefits:-
Once the application is Submited and an employer receives Registration Intimation Letter bearing Registration Code of 17 Digit, the next responsibility of employer is,
After On-line registration of an employee under the scheme, the employer can take a print out of the Temporary Identity Certificate (TIC). TIC will be valid for a period of one month only
On linking of Aadhar with IP insurance number, TIC will automatically be converted into a Permanent Identity Card (PIC). With PIC the IP and his family members can avail benefits under the ESI Scheme, without any hitch. If Aadhar number of IP/family is 10 not available, then employer will ensure to affix the IP photo along with the family members on TIC duly authenticated with his stamp & signature. As soon as possible but not later than a month, the insured person along with his entire family should link their Aadhar number using the web site www.esic.in for availing medical benefit at dispensary/ hospital and availing cash benefits at the ESI branch Office.
Save more on employee registrations! Get PF registration for upto 50 employees @ ₹2000, ESIC registration for upto 50 employees @ ₹2000, or save big by registering both together for upto 50 employees at just ₹3500!
Employees | Fee (PM/-) |
---|---|
0 - 20 | ₹ 1,500/- |
21 - 30 | ₹ 2,000/- |
31 - 40 | ₹ 2,500/- |
41 - 50 | ₹ 3,500/- |
Note: The aforementioned Fees is exclusive of GST.
For starting up a business in the United Kingdom, we will require the following documents and information:
ESI registration is a vital compliance step that safeguards both employees and businesses. It ensures access to medical, disability, and maternity benefits while protecting employers from legal penalties. A smooth and accurate registration process not only fulfills legal obligations but also enhances employee trust and workplace security. Choosing expert assistance simplifies the process, ensuring timely compliance without the hassle. Stay ahead, stay compliant, and build a secure future for your workforce with seamless ESI registration.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.