Frequently asked questions
Which are the entities covered by the ESI? "
As per the government notification dated Sec 1(5) of the ESI Act the following entities are covered:
1. Shops
2. Restaurants or Hotels only engaged in sales.
3. Cinemas
4. Road Motor Transport Establishments;
5. Newspaper establishments.(which is not covered under the factory act)
6. Private Educational Institutions
How many returns are filed every year after the registration is finalised?
After the registration ESI Returns have to be filed twice a year. The following documents are required for the filing of the returns:
1. Register of Attendance of the Employees
2. Form 6 – Register
3. Register of wages
4. Register of any accidents which have happened on the premises of the business
5. Monthly returns and challans
What are the benefits of ESI registration?
Some of the Benefits of ESI Registration are:
1. Sickness benefits at the rate of 70% (in the form of salary), in case of any certified illness certified and which lasts for a maximum of 91 days in any year
2. Medical Benefits to an employee and his family members
3. Maternity Benefit to the women who are pregnant (paid leaves)
4. If the death of the employee happens while on work – 90% of salary is given to his dependents every month after the death of the employee
5. Same as above in case of disability of the employee
6. Funeral expenses
7. Old age care medical expenses
What is the rate of contribution to ESI?
Currently, the employee's contribution rate (w.e.f. 1.1.97) is 1.75% of the wages and that of employer's is 4.75% of the wages paid/payable in respect of the employees in every wage period. For newly implemented areas, the contribution rate is 1% of wages of Employee and 3% payable by Employers for first 24 months(w.e.f. 06.10.2016) Employees in receipt of a daily average wage upto Rs.137/- are exempted from payment of contribution. Employers will however contribute their own share in respect of these employees.
What is the penalty for not having an e-Way bill?
A penalty of Rs. 10,000 or the equivalent amount of tax evaded, whichever has a larger value, must be paid by the concerned person if a consignment requiring an e-Way bill is found without one.
How are goods with an e-Way bill inspected in transport?
An authorised officer may stop the vehicle and request to check the e-Way bill or e-Way bill number either on paper or through the Radio Frequency Identification Device(RFID).
Employee’s State Insurance Registration (ESI)
Buy this Plan to apply for Employee's State Insurance Registration if you have 10 or more employees working factory or establishment.
What is Employee's State Insurance? Employees' State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers earning upto 21000/- per month. This fund is managed by the Employees' State Insurance Corporation (ESIC) according to rules and regulations stipulated there in the ESI Act 1948.- Filing of application form with ESIC authority
- Preparing of necessary documents
- Follow up till you obtain your ESI registration
- Any establishment employing 10 or more employees in a shop, factory, office etc
- Copy of PAN Card of Establishment (i.e. PAN of Proprietor/LLP/Company).
- Address proof of the Establishment
- List of Directors / Partners/Proprietor along with their address proof
- Digital Signature of the Proprietor / Director / Partner
- Ownership Proof like your property sale deed
- Registration Certificate of the Establishment (like sale deed, Certificate of Incorporation of Company etc)
- Current list of employees with their details.
- Any other documents as required.
Plan Charges | 5999 |
Goods & Services Tax (GST) | 1080 |
Total Cost | 7079 |
* Estimate Time for Service Completion
14-16 Days
Which are the entities covered by the ESI? "
As per the government notification dated Sec 1(5) of the ESI Act the following entities are covered:
1. Shops
2. Restaurants or Hotels only engaged in sales.
3. Cinemas
4. Road Motor Transport Establishments;
5. Newspaper establishments.(which is not covered under the factory act)
6. Private Educational Institutions
How many returns are filed every year after the registration is finalised?
After the registration ESI Returns have to be filed twice a year. The following documents are required for the filing of the returns:
1. Register of Attendance of the Employees
2. Form 6 – Register
3. Register of wages
4. Register of any accidents which have happened on the premises of the business
5. Monthly returns and challans
What are the benefits of ESI registration?
Some of the Benefits of ESI Registration are:
1. Sickness benefits at the rate of 70% (in the form of salary), in case of any certified illness certified and which lasts for a maximum of 91 days in any year
2. Medical Benefits to an employee and his family members
3. Maternity Benefit to the women who are pregnant (paid leaves)
4. If the death of the employee happens while on work – 90% of salary is given to his dependents every month after the death of the employee
5. Same as above in case of disability of the employee
6. Funeral expenses
7. Old age care medical expenses
What is the rate of contribution to ESI?
Currently, the employee's contribution rate (w.e.f. 1.1.97) is 1.75% of the wages and that of employer's is 4.75% of the wages paid/payable in respect of the employees in every wage period. For newly implemented areas, the contribution rate is 1% of wages of Employee and 3% payable by Employers for first 24 months(w.e.f. 06.10.2016) Employees in receipt of a daily average wage upto Rs.137/- are exempted from payment of contribution. Employers will however contribute their own share in respect of these employees.
What is the penalty for not having an e-Way bill?
A penalty of Rs. 10,000 or the equivalent amount of tax evaded, whichever has a larger value, must be paid by the concerned person if a consignment requiring an e-Way bill is found without one.
How are goods with an e-Way bill inspected in transport?
An authorised officer may stop the vehicle and request to check the e-Way bill or e-Way bill number either on paper or through the Radio Frequency Identification Device(RFID).