ESI Registration in Vikas Puri, Delhi

ESI Registration is compulsory for companies having 10 or more employees. Established under the ESI Act, 1948, ESIC (Employees’ State Insurance Corporation) provides benefits to employees in the event of their sickness, death, disablement, injury, etc. The finance of this scheme comes from contributions from both employees and employers. Any employee who earns a monthly income of less than Rs. 21000 per month is covered under this scheme. Apart from employees, the family members of employees are also provided benefits under this Act. Any establishment that employs 10 or more employees is mandated by law to register under this Act. The contribution of employers in this scheme is 4.75% and that of employees is 1.75%, thus making a total of 6.5%. eStartIndia is the best online legal services platform in ESI Registration in India, offering a variety of registration services like GST registration, FSSAI registration, Professional Tax registration, TAN registration, MSME registration, PF registration, IEC Code, Digital Signature, Trade License to name a few. eStartIndia will help you to ESI Registration from the comfort of your home, offering you services that are very technical and as per individual needs. Get a free consultation for ESI Registration with Our Top Rated Experts with simple Registration.

Payroll Compliance Services, msme registration consultancy

What is ESI Registration? Employees state insurance (ESI) is one of the popular social security schemes brought into force by the central government after the independence of India. It is necessary for almost all the private limited companies to get them registered under the ESI Act 1948. In case they fail to obtain the requirement enrollment using ESI Registration procedure, then they have to face the penal actions in due course of time. ESI (Employee state insurance) is a self-financing social security scheme and also a health insurance plan for Indian Workers. It also offers Medical and Disablement benefits and is managed by Employees state insurance corporation (ESIC). ESIC (Employment state Insurance Corporation) manages the fund as per the rules and regulations set by the Act. According to the act, if any employee is earning less than Rs.15000 per month then he is liable to contribute 1.75% of his pay towards the ESI, while 4.75% will be contributed towards his ESI by the company. This scheme provides various benefits to the employers and has a large network of dispensaries, and hospitals throughout the country for efficient medical care. All the establishment/Units/factories with over 10 employees earning less than Rs.15,000 on monthly basis are required to mandatorily apply for ESI Registration.