The employees covered under the ESI scheme are entitled to a family pension.
MENU
MENU
ESI stands for Employees' State Insurance. It is a health insurance scheme for Indian workers to provide medical and cash benefits to them. It is managed by Employees State Insurance Corporation (ESIC). ESIC is an autonomous corporation under Ministry of Labor and Employment, Government of India.
Employees’ State Insurance Corporation (“ESIC”) is a statutory corporate body set up under the ESI Act 1948, which is responsible for the administration of ESI Scheme. The ESI scheme is a self-financed comprehensive social security scheme devised to protect the employees covered under the scheme against financial distress arising out of events of sickness, disablement or death due to employment injuries.
The scheme is managed by Employees’ State Insurance Corporation, a government entity that is a self-financing, social security, and labor welfare organization.
| Particulars | E.S.I |
|---|---|
| Employees Contribution | 0.75% |
| Employees Contribution | 3.25% |
| Total | 4.00% |
An employer is liable to pay his contribution in respect of every employee and deduct employees contribution from wages bill and shall pay these contributions at the above specified rates to the Corporation within 15 days of the last day of the Calendar month in which the contributions fall due.
There are two contribution periods each of six months duration and two corresponding benefit periods also of six months duration as under.
| Particulars | E.S.I |
|---|---|
| Employees Contribution | 0.75% |
| Employees Contribution | 3.25% |
| Total | 4.00% |
Registration Certificate obtained under Shop and Establishment Act or Factories Act
Certificate of Incorporation in case of Company & Partnership deed in case of Partnership Firm
MOA and AOA of the Company
List of all the employees working in the Organization
PAN card of the Entity
Salary details of the Employees
Cancelled cheque of bank account of the entity
List of Director’s of the Company
List of shareholders of the Company
Attendance register of the Employees
Contact No. and E-Mail id of the Applicant
PAN and Adhaar of the Authorised Signatory
The employees covered under the ESI scheme are entitled to a family pension.
No, You don't need to be physically present for the process, Filingwale is an online platform all you need is an internet connection in your phone/computer and the required documents with you and we can get the job done no matters even if you are present at the remotest location of India.
Every employer covered under this act has to comply with various compliances such as deposit of monthly contribution, in order to file half yearly return and report to ESIC authorities if there is any change in business activity, address, ownership and the management, maintenance of registers and records etc.
It is a 17-digit unique identification number allotted to every registered establishment. This number is generated through the ESIC portal on submission of the required information by the employer or generated on receipt of a survey report from the Social Security Officer.
In addition to the Muster roll, wage record and books of Account maintained under other laws, the employer is required to maintain the following records for ESI:-