It is the statutory responsibility of the employer under Section 2A of the Act read with Regulation 10-B, to register their Factory/Establishment under the ESI Act within 15 days from the date it crosses the employee threshold of 10.
The total contribution for a subscriber is 5 percent, which is split between the employer at 4 percent and the employee at 1 percent of their salary (basic plus allowances).
The employees covered under this scheme are whose monthly wage does not exceed INR 21,000.
Contribution shall be paid in respect of an employee in a bank duly authorized by the Corporation within 15 days of the last day of the calendar month in which the contribution falls due for any wage period.
Registration under this ESI Scheme ensures availability of a wide range of medical, monetary and other benefits to the employees. These facilities help in improving and boosting the health, morale, performance, and retention and progress of employees.
The ESI scheme provides maternity benefits at the rate of full wage subject to an insured woman’s contribution for at least 80 days in the preceding two consecutive contribution periods.
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The Ministry of Labour & Employment has developed a unified Web Portal 'Shram Suvidha' portal for registration under The Employees Provident Funds And Miscellaneous Provision's Act (EPF) Act-1952. User is required to register himself on the same.
After Employer Registration, DSC Registration is required for submitting a fresh application for EPF Registration.
The application needs to be filled where all the basic details are required to be entered such as Name of Entity and PAN etc.
After filling the application, final submission is made on the portal. Thereafter, registration certificate is issued by the department.
ESI Registration is required when a company/firm/organisation employs 10 or more persons, with individual wage/salary falling under the threshold limit of INR 21,000 per month. After registration, ESIC gives recognition to the employing entity and its employees through allotting a seventeen-digit unique identification code.
Registration Certificate obtained either under the Factories Act or under the Shops and Establishment Act.
Certificate of Incorporation in case of Company; Partnership Deed in case of Partnership.
List of shareholders and directors of the company.
Memorandum and Articles of Association in case of the company.
Cancelled Cheque of Bank Account of the Company.
Address Proof, PAN Card, and updated Bank Statement of the business entity.
Register containing attendance of the employees.
PAN Card of all the employees working in the entity.
Compensation Details of all the employees.
List of all the employees working in the establishment.
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