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ESI REGISTRATION

ESI (Employee State Insurance) is a self-financing health insurance scheme and social security for the workers or employee in India . The scheme provides Employees with a comprehensive Social Security Scheme for protecting the employees during sickness, injury or disability.

Employer should register ESI for the factory or establishment with ESIC (Employee State Insurance Corporation ) within 15 days which is applicable to the ESI Act. ESI is the autonomous corporation under Ministry of Labour and Employment, Government of India .

The funds for the employees and their families are managed by ESI through its large network of branch offices, hospitals etc.. in accordance to the ESI Act 1948. So , the employee can enjoy all the benefits including full range of medical's, surgical, diabetes treatment etc...

While registering ESI , using form 01 filing is done along with a separate sheet containing the name and address of the Establishment, number of employees, nature of duty and name, designation and address of the manager controlling such persons, in respect of office situated outside. After the application pass through compliance and satisfied ESIC (Employee State Insurance Corporation ) regional office will allot a code number to the employer.

Advantages

MEDICAL BENEFIT

The ESI Scheme provides full range of medical benefits namely outpatient services and Hospital services through a network of dispensaries, diagnostic centers and ESI Hospitals etc. ESI Corporation provides medical expense if your employer is registered with ESI.

SICKNESS BENEFIT (CASH)

An ESI insured employee is enjoy to avail the sickness benefits after he/she has paid contribution for at least 78 days in a contribution period of six months. Sickness Benefit is payable for a maximum of 91 days in two consecutive contribution periods (one year).

ENHANCED SICKNESS BENEFITS

Insures employee who are applicable to get ordinary benefits are paid enhanced benefits at double the rate of sickness benefits (cash). Duration of enhanced Sickness Benefits is Up to 7 days in the case of Vasectomy and Up to 14 days in the case of the Tubectomy.

DEPENDENTS BENEFIT

Dependant benefit can be received by a widow on a monthly basis for lifetime or till her remarriage. This benefit can be received by son or daughter until the eighteen years of age. Other dependents like parents including a widowed mother etc. can also receive this benefit under certain conditions.

MATERNITY BENEFIT

To avail this benefit woman should have have paid contribution for at least 70 days in two consecutive contribution periods i.e. in one year. Usually the maternity benefit is payable for 12 weeks which can be further extended up to one month based on medical grounds.

DISABLEMENT BENEFIT

There are two type of disability benefit permanent and temporary benefits. Temporary disablement benefit is payable till disablement lasts . In case of permanent disablement, the cash benefit is payable for life. The amount payable is worked out on the basis of loss of earning capacity determined by a Medical Board. Disablement benefit is payable within one month of submission of the complete claim papers.

SERVICE TAX STATUTORY OBLIGATIONS

For all those who have a liability to register themselves, if fails to do the same than under section 75A of the finance act 1994 penalty for the failure of an assessed to get himself registered was fixed at Rs. 500/- as a onetime payment but subsequently this section was deleted by the virtue of the finance act 2004 and now the general penalty that is applicable is Rs. 1000/- as per section 77 of Finance act.

Documents required

  • 1

    Documents for Company

    • PAN
    • Rental Agreement
    • Bank Statement
    • EB receipt
    • Resolution Copy in case of Company
  • 2

    Documents for Owners

    • PAN
    • Voter ID / Passport/ Driving License / Aadhar Number
    • Photo – 2 Nos
    • ATTESTATION
    • Documents to be attested
  • 3

    REGISTRATION

    • ST-2 will be issued by the department.

Business Plan

Basic

Rs.4,500/-

  • ESI Registration having less than 20 employees

Standard

Rs.7,999/-

  • ESI Registration & PF Registration having less than 20 employees

Advanced

Rs.8,999/-

  • ESI Registration & PF Registration / less than 20 employees
  • Class II Digital Signature

HOW LONG DOES IT TAKES?

1 DAY

Collection of Documents

1 DAY

Preparation of Application

1 DAY

Submission of Application

1 DAY

Certificate of Udyog Aadhar Registration

Frequently Asked Questions

WHAT IS ESI SCHEME?
Employees State Insurance scheme of India is the multidimensional Social Security System, to provide social security protection to workers employed in the organized sector in conceivable contingencies like sickness, maternity and death due to disablement due to employment injury.
WHAT ARE THE BENEFITS OF REGISTERING THE FACTORIES/ESTABLISHMENTS UNDER ESI ACT?
ESI Scheme provides total social security protection to the employees of a covered factory/establishment. Employers are absolved of the liabilities of workmen compensation Act and Maternity Benefit Act. Once covered under ESI Act, employers are protected from the liabilities of sickness, employment injury and accidental death of their workmen including the commuting accident. ESI Scheme aims for a healthy workforce to contribute to the productivity of the nation.
HOW THE BENEFIT CAN BE MADE AVAILABLE TO THE WORKMEN?
It is the primary responsibility of the employer to get the factory/establishment registered under ESI Scheme. The employer has to register all workmen including contract labours immediately on entering the insurable employment, which is very helpful in case of any unexpected industrial accidents (Please note that employees cannot be registered posthumously).
WHAT ARE THE RECENT INITIATIVES OF ESI CORPORATION?
ESI Corporation has empaneled leading hospitals in Goa as well as across India to provide cashless super-specialty treatment to lakhs of insured persons and their family members. ESI Corporation has also rolled out computerization of its services by enabling online payments of ESI contribution and issued biometric identity cards for availing ESI services anywhere anytime.
WHO ADMINISTERS THE ESI SCHEME?
The ESI Scheme is administered by a corporate body called the 'Employees State Insurance Corporation' (ESIC), which has members representing Employers, Employees, the Central Government, State Government, Medical Profession and the Parliament. The Director General is the Chief Executive Officer of the Corporation and is also an ex-officio member of the Corporation.
WHAT IS ITS APPLICABILITY?
ESI Act 1948 applies to factories and commercial establishments by employing 10 or more persons operating in the entire state of Goa. All the employers including casual and contractors employees who are drawing wages up to Rs. 15,000/- per month (excluding over time)are entitled to the comprehensive social security protection under ESI Act by registering the factories/establishments under ESI Act and paying contribution on wages @75% as employers share and 1.75% as employees share.
WHAT ARE THE BENEFITS AVAILABLE UNDER ESI SCHEME?
Apart from providing medical benefits including super specialty treatment, insured persons, and their family members, ESI Scheme also provides cash compensation to insured persons for loss of wages or earning capacity in times of physical distress arising out of sickness or employment injury. Maternity benefit to insured women, family pension to the dependents in case of death due to employment injury, unemployment allowance, physical/vocational rehabilitation etc. are available under ESI Scheme. Commuting accidents are also covered under ESI Act at present.
HOW TO DEVELOP A HEALTHY RELATIONSHIP BETWEEN ESIC AND EMPLOYERS?
ESIC values a healthy relationship between its stakeholders, principal employers/owners should personally ensure that monthly ESI contribution submitted and employees are registered. Even if consultants are engaged for looking after ESI matters, it is in the interest of the principal employer to personally confirm the timely ESI compliance to avoid unnecessary burden of interest, i.e. 12% and penal damages of up to 25% for the delayed remittance of ESI contribution as well as to avoid contribution assessment proceedings and criminal prosecutions.

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