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ESI Registration

Extend medical benefits to your employees. Register for ESIC. Prices start from INR 5,999/- only.

 
 
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What is ESIC Registration?

All you need to know

Employee State Insurance Corporation or ESIC Registration is a self-financing social security and health insurance scheme which provides medical benefit, sickness benefit, maternity benefit and various other benefits such as funeral expenses, free supply of physical aids etc. to the employees and their family.

Any factory or business establishment having 10 or more than 10 employees, irrespective of salary, have to register with ESIC. ESI contributions must be made for all employees having a salary of less than Rs.21,000 per month. Employees with less than Rs. 21,000 monthly wages get health and sickness benefits through this statutory scheme. The state government also contribute 1/8th share cost of the medical benefit. 

Who needs to register for ESI? (What establishments need ESI registration?) 

The following establishments having 10 or more employees attracts ESI coverage.

  1. Shops
  2. Hotels or restaurants not having any manufacturing activity, but only engaged in ‘sales’
  3. Cinemas including preview theaters
  4. Road Motor Transport Establishments
  5. News paper establishments
  6. Private Educational Institutions (those run by individuals, trustees, societies or other organizations and Medical Institutions including Corporate, Joint Sector, trust, charitable, and private ownership hospitals, nursing homes, diagnostic centers, pathological labs)

Rate of Contribution towards ESIC:

Currently, the employee’s contribution rate towards ESIC (w.e.f. 01.07.2019) is 0.75% of the wages and that of the employer’s is 3.25% of the wages paid/payable in respect of the employees in every wage period.

 However, this rate keeps on changing from time to time. 

Contribution Period and Benefit Period  

There are two contribution periods each of six months duration and two corresponding benefit periods also of six months duration.

ESIC registration is a statutory responsibility of the employers of the factory. It is mandatory according to the rules and regulation of the ESI Act 1948.

Thinkbiz filings!  is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. ESIC registration in India is easy, seamless, cheapest and quickest with Thinkbiz filings! Apart from an ESI Registration, Thinkbiz filings! also helps you with PF RegistrationPF ReturnsESI ReturnsTrademark Registration and a host of other services easily. You may get in touch with our compliance manager  on 09704561215 or email info@Thinkbizfilings.com  for Free Consultation.

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Benefits of ESIC registration- Modified Content

All that is covered by ESIC registration

Medical Benefit

The ESIC takes care of an individual’s and his dependents’ medical expenses by full medical and surgical care. his dependents without any limit in ESI dispensaries and hospitals including a supply of medicine, ambulance services, and super specialty consultation.

Maternity benefit

ESIC also helps the insured women employees in the time of pregnancy. Maternity benefit for confinement/pregnancy is provided by ESIC for six months subject to contribution for 70 days in the preceding year

Disablement Benefit

In case an employee is disabled, ESIC ensures that the employee is paid 90% of their monthly wages for the period of the injury in case of a temporary disablement. In case of permanent disablement, 90% of wages paid for the remaining life of such an employee.

Dependant’s benefit

ESIC also helps the insured women employees in the time of pregnancy. Maternity benefit for confinement/pregnancy is provided by ESIC for six months subject to contribution for 70 days in the preceding year

Sickness benefit

Sickness benefit is also provided to the insured employees in the form of cash compensation. At the rate of 70% of wages is payable to insured workers during the periods of certified sickness for a maximum of 91 days in a year by Employees State Insurance Corporation.

Unemployment benefit

The ESIC ensures unemployment allowances equal to 50% of wage for up to 1 year and medical care for self and family from ESI Hospitals in case of permanent invalidity due to a non-employment injury or involuntary loss of employment.

Documents Required for ESIC Registration

How to register for ESIC?

4 Easy Steps

Fill a Simple Checklist

A Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up that checklist and submit along with your documents for processing. Our team of experts will verify the documents. Our team of experts will verify the documents provided by you and take the procedure further.

Application

Once our expert team completes verification process of your documents, the team will proceed with registration formalities. All throughout the process, your dedicated Compliance Manager will keep you updated on the progress of GST Registration. We will apply for ESIC Registration online and provide you Application number immediately.

ESIC Registration Certificate

Once our expert team completes verification process of your documents, the team will proceed with registration formalities. All throughout the process, your dedicated Compliance Manager will keep you updated on the progress of ESIC Registration. We will apply for ESIC Registration online and provide you application Number immediately.
FAQs on GST Registration
Get answers to all your queries
  • All businesses that successfully register under GST are assigned a unique Goods and Services Tax Identification Number also known as GSTIN (GST Identification Number).
  • • Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.) • Businesses with turnover above the threshold limit of Rs. 40 Lakhs (Rs. 10 Lakhs for North-Eastern States, J&K, Himachal Pradesh and Uttarakhand) • Casual taxable person / Non-Resident taxable person • Agents of a supplier & Input service distributor • Those paying tax under the reverse charge mechanism • A person who supplies via e-commerce aggregator • Every e-commerce aggregator • The person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person
  • Yes, the process for registration of GST is completely online and paperless. You don’t have to move out of your home or office. We do all the paperwork and submit an application online.
  • he “Aggregate Turnover” means total turnover of a person having the same PAN in respect of the following: (i) All taxable supplies including interstate supplies (ii) Exempt supplies (iii) Exports of goods and/or service The above shall be computed on all India basis and excludes taxes charged under the CGST Act, SGST Act and the IGST Act.
  • Yes, it is mandatory to obtain GSTIN in case of certain categories of persons. The major categories are given below: (i) Persons making any Inter-State taxable supply of Goods / Services (ii) Persons who are required to pay tax under Reverse Charge Mechanism (RCM) or Persons who are required to deduct tax under GST (TDS) (iii) Persons who supply goods and/or services on behalf of other registered taxable persons whether as an agent or otherwise (iv) Input service distributor (v) Casual taxable persons or Non-resident taxable persons
  • Yes, it is mandatory to obtain GSTIN in case of certain categories of persons. The major categories are given below: (i) Persons making any Inter-State taxable supply of Goods / Services (ii) Persons who are required to pay tax under Reverse Charge Mechanism (RCM) or Persons who are required to deduct tax under GST (TDS) (iii) Persons who supply goods and/or services on behalf of other registered taxable persons whether as an agent or otherwise (iv) Input service distributor (v) Casual taxable persons or Non-resident taxable persons
  • Before you apply for a GST Registration as a normal taxpayer, it is mandatory to obtain a PAN.
  • Yes surely, Government grants some special exemptions for small businesses like yours. You may opt for composition scheme under which you will have to pay GST @1% only. If you are a restaurant, the rate is 5%. However, you can not claim GST Credit if you opt so. You need to file only 1 return per quarter. This scheme is not applicable if you are – • Service providers • Inter-state sellers • E-commerce sellers • Supplier of non-taxable goods • Manufacturer of Notified Goods
  • No. As an unregistered dealer, you can not do so. You will have to register yourself under GST to be able to claim ITC.
  • Upon successful submission of application, you will obtain GSTIN usually within 4-6 working days.
  • Is there any validity of GST Certificate?
  • Registration under GST is PAN based. That means one registration for one PAN holder. Your partnership firm will have a separate PAN which is unique. And you will also hold your own PAN for you as individuals. So, both firm and individual business of the partners will have separate registration under GST.
  • Thinkbizfilings provides Proprietorship Registration all across India. You can obtain Proprietorship registration in Hyderabad, Vijayawada,Pune, Bangalore, Chennai, Delhi, Kolkata, or any other cities easily with us.
  • Don’t worry!! Our expert will help you to choose the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@thinkbizfiling.com or call us @+91 970 456 1215
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