This blog focuses on Employee State Insurance Corporation (ESIC) registration fees, the ESIC registration process, “How to apply ESIC online?” Every state provides Employee State Insurance (ESI) registration to employees and their families in order to provide some level of security. Employee State Insurance Corporation, a self-financing, autonomous body governed by the ESI Act 1948, provides this registration.
Employee State Insurance (ESI) is administered by the Employee State Insurance Corporation (ESIC), an autonomous organization within the Ministry of Labor and Employment of the Government of India.
For Indian laborers, the ESI program was established. Under the ESI Act, workers are entitled to a wide range of medical, monetary, and other benefits as a result of contributions made by both the employer and the employee to the ESI program.
The company is required to contribute 4.75 percent of the entire monthly wage payable to the employee, whereas the employee is simply required to contribute 1.75 percent of his monthly salary every month of the year under this system. Only employees earning less than INR 137 per day are excused from paying their contribution.
Any non-seasonal factory or company with more than 10 employees (in some states, 20 employees) earning between INR 15,000 to INR 21,000 is required to register with the ESIC within 15 days of its application date.
When there is more than 10 employee in the above organization at that time it is essential for the organization to register under ESIC (Employee State Insurance Corporation).
Below are the 5 steps process for the ESIC Registration, ESIC Registration process starts with the Login into the portal, and the last step towards the ESIC Registration process is generating a registration letter.
Employers must create an account on the ESIC Portal. They can do so by logging into the ESIC portal and clicking the ‘Sign Up‘ button beneath the ‘Employer Login’ option on the home screen. After pressing the ‘Sign up’ button, employers must fill out the form.
The employer will receive an email confirmation of the email address and mobile number supplied during registration after completing the portal registration application. The login information needed to register as an ESIC employee or employer will be included in the email.
To log into the ESIC portal at the third stage, use the username and password provided in the email. On the next page, this will change to “New Job.” Registration of a new business: Select ‘New Employer Registration’ from the drop-down menu. When you are finished, choose ‘Unit Form’ from the drop-down menu and press the ‘Submit’ button. A ‘Register of Employers’ form will appear, and the employer must fill it out. This registration contains information about both the boss and the employees. To finish the application form, the employer must click the ‘Submit’ button once all of the fields have been filled out.
The employer will be directed to the ‘Payment of Advance Contribution’ tab after submitting the Employer Registration Form-1, where they must input the amount to be paid and select the payment mechanism. Employers need to pay the six-month deferred contribution.
The ESIC department gives the employer a system-generated Registration Letter (C-11) with a 17-digit Registration Number after the employer successfully pays the six-month advance contribution. The employer’s registration is documented by the Registration Letter (C-11).
Employers must file ESI Returns every six months after registering with the ESIC. The following documents must be submitted with the returns:
When an employer who is registered with the ESIC fails to pay the required contribution to an employee’s ESIC, the employer will be liable to pay simple interest at the rate of 12% per year for each day the contribution is late or not paid.
The ESI Code number is a unique 17-digit identification number assigned to each employee of an ESIC-Registered factory or facility. After the employer has entered their employee’s details into the ESIC site, a 17-digit number is generated.
The employee’s or worker’s monthly wage must not exceed INR 21,000 for non-disabled individuals and INR 25,000 for disabled people to be eligible for the ESI Scheme.
Employees of any firm or organization covered by the ESIC statute of 1948 are required to enroll in the scheme.
In this program, the employer is required to contribute 4.75% of the entire monthly wage due to employees. Employees, on the other hand, are required to contribute 1.75% of their monthly wage per year.
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