We are providing ESI Registration that is an employee state insurance that is managed by the Employee State Insurance Corporation that is an autonomous body started by the law under the ministry of Labor and Employment, Govt. Of India. The benefits of registering under this scheme includes sickness benefits, in case of any certified illness that last for maximum 91 days. Also, it provide medical benefits to the employees and their family members, maternity benefits (paid leaves) to the pregnant women, funeral expenses and old age care medical expenses.
EASILY OBTAIN ESI REGISTRATION
Entities with 20 or more than 20 employees must have Employee's State Insurance (ESI) registration. ESI contribution is needed for employees with monthly salary less than Rs.21,000/-. An ESI registration can be obtained with the help of a professional firm.
MAIN PURPOSE OF ESI SCHEME
ESI scheme is for Indian workers to provide them social security and health insurance. In total share 6.5%, employee contributes 1.75% and the employer contributes 4.75%. ESI Corporation (ESI) manages the funds according to the rules therein the ESI Act 1948, that administers the provision of medical and cash benefits to the employees and their family through its large network of hospitals, dispensaries and branch offices all across India. ESI Corporation is an autonomous corporation under Ministry of Labour and Employment, Government of India.
There are many scheme benefits for employees, who are registered under the ESI. The person insured and their families can enjoy medical attendance and treatment. It covers super-specialty consultation, drugs supplies, surgical & obstetric treatment and ambulance services. There are sick pay benefits for the insured persons, apart from medical care. Employees registered with ESI can enjoy many benefits and their morale & retention tremendously improves.
REASONS TO REGISTER A ESI REGISTRATION
ESI: ESI scheme is beneficial for employees, as this self-financing social security and health insurance scheme protects them during injury, sickness or disability.
ESI Contribution: Employers must make ESI contribution for all employees whose monthly salary is less than Rs.21,000. The contribution of employer must be 4.75% and employee contribution is 1.75% of the wages for ESI.
ESI Benefits: Employees registered under scheme of Employee's State Insurance Corporation(ESI) are benefited with many medical and sickness benefits. They can avail medical facilities and are also entitled for sick pay benefits.
Continued Compliance: An annual return must be filed by organizations under ESI coverage showcasing the changes if any during the preceding year. They must submit the return of contributions enclosing copy of all ESI contributions paid once every six months.
ESI Registration: ESI Registered Employers have to contribute 4.75% of the Employees wages towards ESI. All registered employers or entities have a 17 digit unique identification code.