ESIC Registration
ESIC registration in India is mandatory for businesses with 10+ employees, providing social security benefits like medical care, sickness, maternity, and retirement to workers under the Employees’ State Insurance scheme.
Overview
ESIC Registration in India –
ESIC (Employees’ State Insurance Corporation) registration is a government scheme that provides medical and financial help to employees in India. It is managed by the Ministry of Labour and Employment. All companies or businesses having 10 or more employees (in some states, 20) with salaries up to ₹21,000 per month must register under ESIC.
ESIC registration offers many benefits to both employees and employers. It gives free medical treatment to workers and their families. In case of illness, accidents at work, or maternity, the employee gets cash benefits or hospital care. It also offers a monthly pension in case of death or disability due to work.
The employer and employee both contribute to the ESIC fund. The employer pays 3.25% and the employee pays 0.75% of their wages.
To register for ESIC, employers must apply online on the ESIC portal. Important documents like registration certificate, PAN, employee details, and bank details are required.
At Ajay Tax Consultant, we provide fast and simple ESIC registration services. We help you with form filling, document preparation, and submission to avoid penalties and ensure smooth compliance. Contact us today for easy ESIC registration at affordable prices.
Eligibility
In India, ESIC (Employees’ State Insurance Corporation) registration is mandatory for establishments with 10 or more employees (20 in some states) engaged in factories, shops, or establishments. It covers both skilled and unskilled workers. The scheme applies to employees earning up to ₹21,000 per month (₹25,000 for persons with disabilities). Employers and employees both contribute to the ESIC fund. Registration must be done within 15 days of reaching the employee threshold. The scheme provides social security benefits like medical care, sickness, maternity, disability, and retirement benefits to registered employees. Self-employed and contractors are generally excluded unless specified.
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast