> ESIC

ESIC

What is ESI?

The Employee State Insurance (ESI) scheme is a self-financing social security and health insurance initiative governed by the ESI Act, 1948, and managed by the Employees’ State Insurance Corporation (ESIC) under the Ministry of Labour and Employment. It ensures medical, monetary, and other benefits to employees and their dependents.

Applicability

Mandatory for establishments with 10 or more employees (20 in some states).

Applies to entities such as:

  • Shops
  • Restaurants
  • Medical & Educational Institutions (in applicable states)
  • Transport companies
  • Theatres
  • Newspaper establishments

Employees earning ₹21,000 or less per month are compulsorily covered under ESI.

Contributions

Contributor

Employee

Employer

Rate

0.75% of wages

3.25% of wages

Key Benefits of ESI

Comprehensive medical care for employees and dependents

  • Cash benefits during sickness and maternity
  • Access to ESI hospitals and dispensaries across India
  • Financial support in case of employment injury or disability
  • Reimbursement of medical expenses

Documents Required for Registration

  • Certificate under Shops & Establishment Act / Factories Act
  • MOA & AOA / Partnership Deed
  • PAN & address proof of the business
  • List of directors/partners/shareholders
  • Employee list with salary details
  • Bank statement with proof of operations
  • Proof of commencement of production

Registration Procedure

1. Submit Employer’s Registration Form (Form-1) via the ESIC portal.

2. Receive a 17-digit registration number after verification.

3. Upon employee enrollment, an ESI card is issued.

4. Registration is permanent, and updates like new employees must be regularly reported.

ESI Returns Filing

Frequency: Monthly

Mode: Online via ESIC portal

Maintain the following for compliance:

  • Attendance Registers
  • Wages & Accident Registers
  • Form 6 Register
  • Monthly Challans
  • Inspection Book

Before filing, ensure employee data is updated. Contributions must be paid and challans generated for records and audits.