ESIC Return Filing

ESIC Return Filing

The Employees' State Insurance (ESI) scheme is a government-backed health and social security initiative designed for Indian workers. Managed by the Employees' State Insurance Corporation (ESIC) under the Ministry of Labour and Employment, the ESI fund provides medical and financial benefits to employees. Businesses registered under ESI must file bi-annual ESI returns to ensure compliance with statutory regulations.

The ESIC is applicable on all the establishments having 10 or more workers and is beneficial to all the employees earning Rs.15, 000/- or less per month as wages, employer must contribute 4.75 percent and employee must contributes 1.75 percent towards ESI.

  • Healthcare Advantages
  • Securing this registration offers essential medical benefits to employees and workers. In instances of illness or unforeseen events, affected individuals can promptly access necessary medical care.

  • Government-backed Social Safety
  • The ESI registration program stands as a governmental initiative for social security. It encompasses provisions like maternity support, sickness allowances, and other pertinent benefits.

  • Streamlined Access
  • Individuals can conveniently avail of benefits from any affiliated healthcare facility. All associated expenses within this system are duly covered.

  • Sickness-related Advantages
  • With ESIC registration, employees gain access to sickness benefits, amounting to 70% of their regular salary, provided the illness persists for over three consecutive months or 90 days.

  • Pregnancy and Maternity Support
  • Organizations under this initiative are mandated to grant maternity benefits, including maternity leave provisions.

  • Support for Disabilities
  • The program also encompasses disability benefits. In unfortunate circumstances leading to permanent disability or an employee's demise, eligible dependents can claim these benefits.

  • Access the Employer Portal using the 17-digit Employer Code, provided upon registration under ESI regulations. Upon obtaining this unique 17-digit registration number, the ESI submission process becomes straightforward.
  • Navigate to the monthly contribution segment. Prior to proceeding, employers or establishments should ensure that all employee-related data is current and updated for accurate return filings.
  • Review the employer contribution specifics showcased.
  • Authenticate the provided information. Input banking particulars and proceed to finalize the monthly employee submission.
  • In case of any outstanding payments related to employees, address and clear the pending amounts.
  • Undertake Self-Certification within the monthly contribution segment. Subsequently, acknowledge the declaration and finalize the submission.
  • The following documents are required to file ESI return:

  • Registration Certification or appropriate license acquired under the Shops and Establishments Act.
  • For entities registered as per the Companies Act, 2013, submission of the certificate of incorporation is essential.
  • Submission of the Memorandum of Association and Articles of Association, along with related documents.
  • For partnership entities, provide a copy of the relevant trust deed.
  • For factory-based entities, the certificate indicating the initiation of operations in the factory is required.
  • Details regarding the workforce associated with the establishment or factory.
  • Particulars about the monthly contributions made by the factory or entity employees.
  • Comprehensive list featuring all company directors, shareholders, and partners.
  • Permanent Account Number (PAN) for the Establishment or Entity.
  • Bank statement pertinent to the organization.
  • Form-6 Register.
  • Record of Wages.
  • Details encompassing the establishment's address and related information.
  • Certificates and inspection records.
  • Company's attendance logs.
  • The Employee's State Insurance Corporation (ESI) stands as a self-financing health insurance and social security scheme tailored for Indian laborers. This initiative aims to offer comprehensive social security to employees, safeguarding them during times of illness, injury, or disability.

      ESI Contribution Details

      For employees earning a monthly salary below Rs.15,000, employers are mandated to contribute to ESI. Specifically, employers contribute 4.75%, while employees contribute 1.75% of their wages to the ESI fund.

      Benefits under ESI

      Registered members of the Employee's State Insurance Corporation (ESI) gain access to a wide array of medical and sickness benefits. Those enlisted can utilize medical services and are eligible for sickness-related compensation.

      Ongoing Compliance Requirements

      Companies covered under the ESI umbrella are obligated to submit an annual report reflecting any modifications during the prior year. Additionally, a contribution statement, inclusive of all ESI payments, should be presented bi-annually.

      Procedure for ESI Registration

      Employers overseeing a workforce exceeding 10 individuals must undergo ESI registration. Upon registration, an organization receives a unique 17-digit identification code, and the employer's contribution stands at 4.75% of the employee's wages.

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