Employee’s State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers. This fund is managed by the ESI Corporation (ESI) according to rules and regulations stipulated therein the ESI Act 1948, which oversees the provision of medical and cash benefits to the employees and their family through its large network of branch offices, dispensaries and hospitals throughout India. But most of the dispensaries and hospitals are run by concerned state governments. For all employees earning INR 15000 or less per month as wages, the employer contributes 4.75 percentage and employee contributes 1.75 percentage, total share 6.5 percentage. Employees registered under the ESI enjoy a range of benefits under the scheme.
Employee enjoy medical attendance and treatment for the person insured and their families including full range of medical, surgical and obstetric treatment, supply of all drugs, ambulance services, super-specialty consultation, etc., In addition, to the medical care, insured persons also enjoy sick pay benefits. LetsFilings can help your Company to procure and manage ESI Registration in 10 days.
After receiving above document our representative prepare application in Employer’s Registration Form form-1 and submit in official website of ESIC, when process is completed, authority issue the 17 digit registration number to organisation. This process will take 7-10 days only subject to authority processing time.
Every employee will be registered in ESI scheme in prescribed form with latest photograph and detail of family members