ESIC returns is required to half yearly. i.e. for the period of April to September by 12th Nove...
ESIC Return Employee State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers. ESI Registration is mandatory for a business entity having 10 or more employees. The employees whose gross earnings are less than Rs.15000 per month than the entity needs to contribute 4.75% and the employee needs to contribute 1.75% towards ESI contribution. It is a corporation which is running under Ministry of Labor and Employment.
The employees who are registered under ESIC can avail various medical and sickness benefits under the scheme.
The following documents are required for registering under the ESI scheme:
Once the application is filed with the department with all the required documents. The registration can be done online. The officer after verifying the form and details will issue a 17 digit unique number to the company along with the registration certificate.
Every company/establishment registered under ESIC has to file half yearly returns and also annual returns. All the changes made to the employees during the year must be intimated to the department at the time of filing the ESIC annul return. The monthly Chillan copy must be submitted at the time of filing returns and all the particulars regarding the contribution made must be mentioned in the employee’s register. The establishment must maintain a register of wages, attendance register, inspection book, etc. The amount of contribution made by the employer and the employee must be deposited with the department within the prescribed time. The employees can also check the amount of ESIC return contribution online in employee’s passbook.