ESI
Get your ESI Registration quickly with expert assistance at just 4499
100+ businesses trust Trakintax for accurate filing while maintaining data confidentiality.
Trakintax: Fast, reliable, and budget-friendly service you can count on!
*Government Fees not Included.
Who Needs ESI Registration?
- The Employees' State Insurance (ESI) Act, 1948 mandates
that all factories and establishments,
including private educational institutions, must obtain ESI Registration if they have:
- 10 or more employees (in most states).
- 20 or more employees (in some states).
- This applies to all businesses registered under the Employee State Insurance Corporation (ESIC). Employees earning up to ₹21,000 per month (or ₹25,000 for individuals with disabilities) are eligible for the scheme.
Is it mandatory for the Employer to register under the scheme?
- Yes, 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 of its applicability to them.
Contribution & Benefits
- Employers must remit ESI contributions from a percentage of the employee's monthly wages.
- Contribution Rates are set by the Ministry of Labour and provide benefits like medical coverage and disablement support.
- Both the employer and employee contribute, with the employer bearing a larger share.
ESI Registration Process
- Document Submission: Employers must provide
- PAN Card of the business.
- List of employees.
- Articles of Association (for companies).
- Online Registration: The process is completed via the ESIC portal, where a unique 17-digit Registration Number is issued.
- Employer Login: Registered businesses can manage contributions and compliance through the ESIC portal.
Additional Compliance
- Employers must provide details of the health insurance scheme of the establishment.
- Businesses must comply with state and central government regulations, including factory/establishment laws.
