ESIC Return Filing

Employee State Insurance Corporation it is denoted as ESIC, which provides various benefits to employees and their family. ESIC filings are done Monthly. An organization with 10 or more employees, irrespective of the salary mark, need to register under the ESIC scheme.

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Required Documents

  1. Attendance registers of employees
  2. Register of wages
  3. Register for Form 6
  4. Accident registers
  5. Inspection book
  6. Monthly challans and returns submitted for ESIC

Steps for ESIC Return Filing

1
Step 1
Reminder Mail: We will send you reminder mail to file return before due date.
Step 1
2
Step 2
Submit Documents: You need to submit/send us documents which are asked, and then we verify the documents.
Step 2
3
Step 3
Prepare ESIC return: We prepare a ESIC return computation and take your approval on same.
Step 3
4
Step 4
Return is Filed
Step 4
5
Step 5
Acknowledgement is mailed.
Step 5
6
Step 6

ESIC Return Filing

Employee State Insurance Corporation it is denoted as ESIC, which provides various benefits to employees and their family. ESIC filings are done Monthly. An organization with 10 or more employees, irrespective of the salary mark, need to register under the ESIC scheme. The employer must ensure that the purpose of the ESIC, that the benefit and betterment of the employees, is served without fail. ESIC Return is to be filed on or before the 15th of the following month. The Employee contribution rate is 0.75% of wages and 0.25% for employer (w.e.f. 01/07/2019). These rates keep on changing over time.

Who can be called as “principal employers”?

  1. In a factory
    • Occupier
    • Owner
    • Legal representative of the occupier /owner
    • Managing agent of the occupier/owner
    • Manager of the factory
  2. In case of organizations
    • Head of the Department
    • The Specified Authority

Who can be called as “employees”?

  1. If the individual is employed directly by the employer or is employed in any department
  2. Employed within the premises for work
  3. By employees of the immediate employer
  4. Employed outside the premises for work
  5. Employed by the directors of the company
  6. Employees lent for fire to the principal employer

Benefits of ESIC Return Filing:

  1. Medical benefits: Complete medical care benefits are provided to the insured employees and their family members.
  2. Sickness and Disabled: Sickness Compensation is provided at the rate of 70% of wages to the insured employees and disability compensation is provided to the insured employees at a rate of 100% of the wages.
  3. Maternity benefits: It is provided at a rate of 100% of the wages
  4. Other benefits: It includes funeral expenses, vocational rehabilitation, physical rehabilitation, old age care, etc. are provided to the insured employees

Non-Payment or Late Payment of Employee Contribution: Employee Contribution is the amount deducted from employee’s wages is deemed to have been entrusted to the employer. A higher responsibility rests with the employer to deposit the contribution with ESIC. Non-payment or delayed payment of employee contribution amounts to ‘Criminal Breach of trust’ which is punishable under IPC Sections 406, 409 and an offence under Section 85(b-g) of ESIC Act and may attract fine upto Rs.5,000/-. A simple interest at a rate of 12% per annum shall be liable to an employer who fails to pay the contribution within the limit specified in the regulation

What You Get

Set employee limitation accordingly/turnover limit

  • 1/ 1 month ESIC Return (up to 5/7 employees)
  • 1 year ESIC return ( less than or up to 20 employees)
  • 1 year ESIC return (less than or up to 50 employees)
  • TDS compliance

1 PF Return or TDS Return filing

Frequently Asked Questions

  1. Is it mandatory for employers to register under the ESIC?
    • Yes, it is mandatory for all those employers who fall within the eligibility criteria to register themselves under the ESIC scheme under Section 2-A of the ESIC Act, 1948.
  1. What is the time limit for an employer to register under the ESIC?
    • The employer should register himself under the ESIC within a period of 15 days from the time the organization is cleared for registration
  1. What is the ESI code number?
    • A unique 17-digit number is generated using the ESIC portal after the employer has submitted their employee’s information and is allotted to every employee of a factory or organization registered under the ESIC Act.
  1. What is the time limit for the payment of employee contribution?
    • The time limit for the payment of the employee contribution is 21 days from the last day of the month.
  1. What is the mode of payment of the employee contribution?
    • The employer can make the payment of the employee contribution through net banking.
  1. What is the maximum time limit for the payment of a benefit?
    • Any benefit should be paid by the bank to the employee after his/her case has been analyzed and approved within 21 days from the last day of the month
  1. Are the benefits that are granted to the insured employees, transferable?
    • In case of untimely death of the insured employee due to work environment, the benefits of that insured employee is transferable to his/her family members or dependents

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