ESI Registration Online
ESI Registration, PF Registration Online India.
Fastest and simplest method to Get Your ESI Registration, PF Registration online through BizIndiGo. BizIndiGo offers hassle-free online process for ESI Registration, PF Registration in India.
ESI REGISTRATION IN INDIA
What is Employee's State Insurance (ESI)?
Employee's State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers.
Employees' State Insurance Corporation (ESIC) provides monetary and medical benefits to Employees in case of sickness, maternity and employment injury and to make provisions for related matters.
The Scheme is mainly financed by contributions from employers and employees. For all employees earning INR 15000/- or less per month as wages, the employer contributes 4.75 percent of the wages payable to employees and employee contributes 1.75 percent of the wages payable to an employee, total share 6.5 percent towards the fund.
This fund is managed by the Employees' State Insurance Corporation (ESIC) according to rules and regulations stipulated there in the ESI Act 1948, which oversees the provision of medical and cash benefits to the employees and their family through its large network of branch offices, dispensaries and hospitals throughout India. But most of the dispensaries and hospitals are run by concerned state governments.
Key Facts - Employee's State Insurance (ESI)
A Social Security & Health Insurance Scheme
Employee's State Insurance Corporation (ESI) is a self-financing social security and health insurance scheme for Indian workers. The scheme provides Employees monetary and medical benefits in case of sickness, maternity and employment injury and to make provisions for related matters.
ESI contributions must be made by the employer for all employees having a salary of less than Rs.15, 000 per month. The Employer must contribute 4.75% of the employees’ wages towards ESI and employee must contribute 1.75% of the wages for ESI. The existing wage-limit for coverage under the Act, is Rs.15, 000/- per month (with effect from 01.05.2010).
ESI Benefits for Registered Employee
ESI scheme provides employees registered with 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.
ESI Registration for Employers having more than 10 employees.Once, registered the organization is allotted a 17 digit unique identification code.
ESI Payment Date
ESI Contributions must be paid by the employer in to a bank authorized by the Corporation (ESIC) within 21 days of the last day of the calendar month in which the contribution is due.
ESI REGISTRATION PROCESS
BizIndiGo.com can help your business to obtain ESI Registration in 12 to 20 days, subject to Government processing time.
Documentation & Application Preparation
BizIndiGo expert will explain you the process of registration, documents requirements etc. in detail. Preparation of ESI Application along with the necessary supporting documents that need to be submitted for ESI Registration.
Application Filing & Processing
Once the application is prepared and filed, the concerned ESI Office will process the application and may request for more information or documents (if require).
Once the processing of application is done by concerned ESI office without any objection, they issue esi registration certificate and 17 digit unique code.
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