Patnaconsultant provides ESIC registration services, ESIC return filing services, ESIC case appeal and pleading services. ESIC is a health security scheme for workers. This fund is contributed by employer & employee and managed by Employee state Insurance Corporation(ESIC). Esic registration is type of labour laws. It is mandatory for all factory. Esic was also the first major steps in social security of workers. We will give you all important information about ESIC in this article in brief. Patnaconsultant is help you in after registration in Patna, Bihar.
ESIC Registration
ESIC registration means, registration under ESIC (Employee State Insurance Corporation) Act, 1948. ESIC registration compulsory for entities in which more than 10 worker is employing. Esic provides monetary and medical benefits for employees in case of employment injuries. Employees who’s salary less than Rs. 21000 per month the employer and employees contributes fixed % (4.75% and 1.75%) of wages in ESic fund. While counting workers means permanent workers not hourly aand daily wage contract workers. Area notified by Ministry of Labour (Central Government) is covered under ESIC Act,1948. Monthly return is field by employer in ESIC act. Salary details and applicable ESIC charges is declared in monthly return.
Advantage of ESIC registration
- Provide social and monetary security to employees in employment.
- Provides cash and medical benefits for employees family also.
- In case of disablement during employment, pension benefit for the employee
- Medical Facility are available throughout India.
Process of ESIC registration
- Document preparation
- Filing online on ESIC portal
- ESIC registration number is issued by department
- During Registration all information about employees is faded than UAN is activate for all employees.
Can we get online Registration?
ESIC is fully based online process during registration on ESIC portal. But in some cases department asked for documents or some extra information about organisation and employee. ESIC is good for every workers and his family members and business entities also. Online all information is available for employees and employer. It is mandatory after crossing the workers limits . So you have to get ESIC registration. You can no need to visit our office. You can send your all documents (self attested) through mails or other online sources like whats app. We will do your work; you can pay our fees by online transaction. We will done your work and send you the all UAN numbers and ESIC registration number with certificate.
Employee State Insurance Corporation (ESIC) registration is a significant legal requirement for employers in India, ensuring comprehensive health and social security benefits for employees. In this extensive guide, we’ll delve into the intricacies of ESIC registration, its significance, registration process, and its impact on both employers and employees.
Chapter 1: Understanding ESIC
1.1 What is ESIC? The Employee State Insurance (ESI) scheme is a social security and health insurance scheme introduced by the Government of India under the Employees’ State Insurance Act, 1948. It’s administered by the Employee State Insurance Corporation (ESIC), providing medical and financial benefits to employees and their dependents in case of sickness, maternity, disablement, or death due to employment-related injuries.
1.2 Objectives of ESIC ESIC serves multiple objectives:
- Providing comprehensive medical care to insured persons and their dependents.
- Offering financial assistance during periods of sickness, maternity, or disablement.
- Ensuring social security and welfare of employees in the organized sector.
Chapter 2: Significance of ESIC Registration
2.1 Legal Compliance ESIC registration is mandatory for establishments with ten or more employees (in some states, it’s twenty or more employees). Compliance with ESIC regulations is essential to adhere to legal obligations set forth by the government.
2.2 Employee Benefits ESIC registration ensures that employees receive a wide range of benefits, including medical care, cash benefits during periods of illness, maternity benefits, and rehabilitation services, thereby safeguarding their health and well-being.
2.3 Financial Protection ESIC provides financial protection to employees and their families during times of medical emergencies or contingencies, reducing the financial burden on individuals and ensuring access to quality healthcare services.
Chapter 3: ESIC Registration Process
3.1 Eligibility Criteria Establishments with ten or more employees (twenty or more in some states) are required to register under ESIC. This includes both private and public sector entities.
3.2 Documents Required The following documents are typically required for ESIC registration:
- Incorporation certificate of the company
- PAN card of the company
- Address proof of the company
- List of directors/partners
- Bank details
- Address proof of the establishment
- Employee details such as Aadhaar card, PAN card, bank account details, and salary information.
3.3 Registration Procedure The registration process involves the following steps:
- Online registration through the ESIC portal (www.esic.in).
- Fill in the necessary details accurately and upload required documents.
- Submit the registration form.
- Verification by ESIC authorities.
- Allotment of Employer Code Number (ECN) upon successful registration.
3.4 Post-Registration Formalities After registration, employers are required to:
- Deposit monthly contributions within the stipulated timeframe.
- File monthly returns and maintain relevant records.
- Update any changes in employee details or organizational structure.
Chapter 4: Impact on Employers
4.1 Compliance Burden ESIC registration imposes certain administrative burdens on employers, including timely deposit of contributions, maintenance of records, and compliance with statutory requirements.
4.2 Financial Implications Employers are required to contribute a certain percentage of employees’ wages towards ESIC, which can impact their overall payroll costs. However, these contributions are aimed at providing comprehensive health insurance coverage to employees and their families.
4.3 Employee Relations Compliance with ESIC regulations enhances the employer-employee relationship by demonstrating a commitment to employee welfare and social security, thereby fostering a positive work environment.
Chapter 5: Impact on Employees
5.1 Access to Healthcare ESIC registration ensures that employees and their dependents have access to quality healthcare services, including medical treatment, hospitalization, and diagnostic facilities, without bearing the financial burden.
5.2 Financial Security ESIC provides financial assistance to insured individuals during periods of sickness, maternity, or disablement, ensuring financial security and stability for employees and their families.
5.3 Maternity Benefits Female employees covered under ESIC are entitled to maternity benefits, including paid leave, medical expenses, and cash benefits during pregnancy and childbirth, promoting maternal health and well-being.
Chapter 6: Challenges and Concerns
6.1 Coverage and Awareness Ensuring universal coverage under ESIC remains a challenge, particularly in the informal sector, where awareness about social security schemes may be limited.
6.2 Infrastructure and Service Delivery Effective implementation of ESIC requires robust infrastructure and service delivery mechanisms to provide timely and quality healthcare services to insured individuals.
6.3 Enforcement of Regulations Enforcement of ESIC regulations and compliance among employers is crucial to ensuring the effectiveness and sustainability of the scheme in safeguarding the health and welfare of employees.
Chapter 7: Future Outlook
7.1 Digital Transformation ESIC is leveraging technology to streamline processes, enhance transparency, and improve service delivery, making registration and management more accessible and efficient.
7.2 Expansion of Coverage Efforts are underway to expand ESIC coverage to include more establishments and employees, thereby extending social security benefits to a larger population and promoting inclusive growth and development.
Employee State Insurance Corporation (ESIC) registration is a vital step for employers in India to provide comprehensive healthcare and social security benefits to their employees. In this guide, we’ll walk you through the process of obtaining ESIC registration, ensuring compliance with legal obligations and securing the well-being of your workforce.
Chapter 1: Understanding ESIC Registration
1.1 What is ESIC Registration? ESIC registration is a mandatory requirement for establishments with ten or more employees (twenty or more in some states) under the Employees’ State Insurance Act, 1948. It enables employers to avail themselves of social security benefits provided by the Employee State Insurance Corporation (ESIC) for their employees and their dependents.
1.2 Importance of ESIC Registration ESIC registration offers various benefits, including access to medical care, financial assistance during illness or maternity, and rehabilitation services. It not only safeguards the health and well-being of employees but also fosters a positive employer-employee relationship.
Chapter 2: Preparing for ESIC Registration
2.1 Check Eligibility Criteria Ensure that your establishment meets the eligibility criteria for ESIC registration, which includes having ten or more employees engaged in covered employment activities.
2.2 Gather Required Documents Collect the necessary documents for ESIC registration, including:
- Incorporation certificate of the company
- PAN card of the company
- Address proof of the company
- List of directors/partners
- Bank details
- Address proof of the establishment
- Employee details such as Aadhaar card, PAN card, bank account details, and salary information.
Chapter 3: ESIC Registration Process
3.1 Online Registration ESIC registration is primarily conducted online through the ESIC portal (www.esic.in). Follow these steps:
- Visit the ESIC portal and navigate to the ‘Employer’ section.
- Click on the ‘New Employer Registration’ link.
- Fill in the required details accurately, including establishment details, address, and bank account information.
- Upload the necessary documents as per the specified format.
- Review the information provided and submit the registration form.
3.2 Verification and Approval Once the registration form and documents are submitted, ESIC authorities verify the information provided. Upon successful verification, the registration application is approved, and an Employer Code Number (ECN) is allotted.
Chapter 4: Post-Registration Formalities4.1 Contribution Payment Employers are required to contribute a percentage of employees’ wages towards ESIC. Ensure timely payment of contributions through the ESIC portal within the stipulated timeframe, typically by the 15th of each month.
4.2 Monthly Returns Filing File monthly returns through the ESIC portal, providing details of contributions made and employee information. Maintain accurate records of contributions and employee details for compliance and audit purposes.
4.3 Updating Employee Details Promptly update any changes in employee details, such as salary revisions, new hires, or exits, through the ESIC portal to ensure accurate record-keeping.
Chapter 5: Benefits of ESIC Registration
5.1 Access to Healthcare ESIC registration provides insured employees and their dependents with access to quality healthcare services, including medical treatment, hospitalization, and diagnostic facilities.
5.2 Financial Assistance Insured individuals receive financial assistance during periods of illness, maternity, or disablement, reducing the financial burden on employees and their families.
5.3 Maternity Benefits Female employees covered under ESIC are entitled to maternity benefits, including paid leave, medical expenses, and cash benefits during pregnancy and childbirth, promoting maternal health and well-being.