ESI Registration

Employee’s State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers.

Reta Advisories provides ESI Registration starts @1999/-

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ESI Registration

Employee’s State Insurance (ESI) may be a self-financing Social Security and insurance scheme for Indian workers. For all employees earning INR 21000 or less per month as wages, the employer contributes 4.75 percentage and the employee contributes 1.75 percentage, total share 6.5 percentage. This fund is managed by the ESI Corporation (ESI) consistent with rules and regulations stipulated therein the ESI Act 1948, which oversees the supply of medical and cash benefits to the workers and their families through its large network of branch offices, dispensaries, and hospitals throughout India. ESI is an autonomous corporation under the Ministry of Labour and Employment, Government of India. But most of the dispensaries and hospitals are travel by concerned state governments.

Employees registered under the ESI enjoy a variety of advantages under the scheme. The employee enjoys medical attendance and treatment for the person insured and their families including a full range of medical, surgical and obstetric treatment, the supply of all drugs, ambulance services, super-specialty consultation, etc., additionally, to the medical aid, insured persons also enjoy wage benefits. Registration with ESI provides the worker with tremendous benefits and improves worker morale and retention. Reta Advisories can help your Company obtain and manage ESI Registration.

Reasons to Register a ESI Registration

ESI

Employee’s State Insurance Corporation (ESI) is a self-financing social security and health insurance scheme for Indian workers. The scheme provides Employees with a comprehensive Social Security Scheme for protecting the employees during sickness, injury or disability.

ESI Contribution

ESI contributions must be made by the employer for all employees having a salary of less than Rs.21, 000 per month. The employer must contribute 4.75% and employee must contribute 1.75% of the wages for ESI.

ESI Benefits

Employee’s State Insurance Corporation (ESI) is a self-ESI provides employees registered 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.

Continued Compliance

Organizations under ESI coverage must file annual return showing the changes if any during the preceding year. Return of contributions enclosing copy of all ESI contributions paid must be submitted once every six months.