Employees' State Insurance Registration Services
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.
- Payment: 15th of every month
- Returns: May 11th and November 11th
- Other eligibility criteria that need to be fulfilled are: 1)Any employee whose gross salary is up to Rs. 21,000 per month can avail this with the help of the employer.
- The contribution to ESI is 6.5% of the gross salary. It is divided as:
1)4.75% by the employer
2)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.
2)Establishment Registered with EPFO.
ESI Registration ensures that employees enjoy the following advantages under the Employees’ State
Medical Aid
- From the very first day of employment, registered ESI members and their families are entitled to enjoy the benefits of complete medical care and insurance.
Maternity Aid
- Pregnant women are entitled to maternity benefits that are payable upto twenty six weeks. This period can be extended by 30 days on medical advice. To qualify for maternity benefits, employers are required to contribute their wages for 70 days in the preceding two contributions periods.
Disablement Benefits
- Disabled employees can get 90% of their monthly salaries as disablement benefits.
Sickness Benefits
- Absence from work during illness can be taken for a maximum of 91 days per year along with 70% of the monthly wages.
Dependent Benefits
- In the unfortunate event of the demise of an employee during the employment, the dependents of the deceased will receive 90% of his/her monthly salary.
Funeral Expenses
- The family of the deceased employee is entitled to an additional amount of Rs.10,000 towards funeral expenses.
Confinement Expenses
- In the case of confinement of an insured woman or wife of an employee occurring in a place with no medical facilities under the ESI scheme, confinement expenses can be availed.
- PAN card of establishment
- Certificate of incorporation
- Cross cancelled cheque of establishment
Address proof that is in the name of the establishment. It can be:
- Rent agreement
- Water
- Electricity
- Telephone bill
- Specimen signature of directors and authorized signatories
- Digital signature of the authorized applicant
- In case of voluntary registration, consent of the majority of employees
In some entities the underlying may also be needed:
- First sale bill
- First purchase bill of raw material and machinery
- GST Registration Certificate
- Bankers details
- Record of a monthly employee strength