Employee State Insurance(ESI) Return filing and Payment

What is ESI Return Filing and Payment Registration & what is the role of PQSmitra in it?

Employee State Insurance (ESI)  is a kind of self-financing social security and health insurance scheme for Indian workers, This registration is important and mandatory for companies having 10 or more than 10 employees. This system is designed to provide socio-economic security to workers and their dependents as it aims that the workers and his family do not suffer from unseen, unfortunate circumstances.
For all employees earning Rs.15000 or less per month as wages, the employer must contribute 4.75% and the employee must contribute 1.75% towards ESI. The ESI 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 families through its large network of branches offices, dispensaries, and hospitals throughout India.
All employers having 10 or more employees are required to be registered with Employee State Insurance (ESI) Corporation. Those entities having ESI Registration must then file ESI returns. ESI returns are due half-yearly. An employer who fails to pay the contribution within the limit specified in the regulation shall be liable to pay simple interest at the rate of 12% per annum in respect of each day of delay or default in payment of contribution. The employer is liable for prosecution under Section 85(a) for the first time, and if the employer repeats the offense, he will be liable for enhanced punishment for every repetition.
PQSmitra offers its complete support in successfully being registered as the ESI has been established for the betterment of workers and we are there to make sure that this purpose is served by the employer.

Who can avail of ESI Registration?

Any Company or Employer having 10 or more than 10 employees

Benefits of ESI Registration

  • Full medical care is provided to all persons registered under ESI
  • Sickness benefit in the form of cash compensation
  • Maternity benefit for confinement/pregnancy is provided for three months
  • Unemployment Allowance
  • Funeral Expenses
  • Old age medical care expenses

Our Methodology

  • Enquiry Form (where all your information will be taken for the form filling process)
  • Important Documents will be taken for the process to be fulfilled.
  • Approval Status
  • Updating you about the process
  • Successful Registration will be mailed to you by us.

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