Sectors covered under ESIC

As per government notification, under section 1 (5) of the ESI Act the following entities are covered:

•           Restaurants and hotels

•           Different types of shops which include 10 employees

•           Cinema hall

•           Road motor transport establishment

•           Private medical institutions

•           Newspaper organization

•           Private coaching and educational sector

What are the documents required for ESIC registration?

As you will submit all the documents online, you don’t need any physical documents for this purpose. If you want to fill online form, then the following documents you need…

1.         You need a registration certificate for the Factories Act, or the Shop and Establishment Act.

2.         You also need to submit a certificate if you have a partnership company or a solo company.

3.         Articles of association and memorandum of associations of the company.

4.         Address proof of the organization

5.         All employee details

6.         Business PAN Card details

7.         All employee compensation details

8.         A canceled cheque is required on behalf of the company account

9.         If you have any shareholders, then provide their details

10.       And attendance of the employee.

What is the process of ESI registration?

Previously for ESI registration, you had to make manual registration. But now, you can make registration online. If you want to enlist your employee for ESIC registration, then follow the process or steps you need to follow….

1.         Log in to the ESIC portal

First, the employee needs to register himself on the ESIC portal. You just need to visit their official website and you will find an option “Employer Login” on the Home Screen. You just need to click on that and the online form will come.  Once you fill up the form, on the next page, you will find the “Sign up” button and click on that. Once you click on the sign-up button the employer will find the online form and they need to fill up the online form and submit it.

2.         Get confirmation mail

Once you fill up the online form and click on the submit button, you will get an email for confirmation. This mail will come to the registered mail ID and the mobile number the employer will add to the portal. This email will contain username and password details for registration as an employee and employer under the ESIC scheme.

 

3. Employee Registration Form 1

Now, once you confirm the mail, you will be redirected to your ESIC portal and there you will find the “Employer Login” option. You will find this option on your Home Screen. Now, you have to put the username and password which you received in the mail. Once you open the page, this will redirect to the page having the option of “new Employer Registration”. Now, you have to click on the New Employer registration option.

Now, you will find a drop-down list and you have to select the type of unit you have and click on the submit button.  Next, employer registration -form 1 will come and the employer needs to fill in the details. This requires professional knowledge to fill up and submit the form in the right way! Employees need to fill up all the details like employer details, company establishment details, and employee details. Once you fill out the form then the employer needs to click on the submit button.

4. Paid the amount

Once ESI Registration Form 1 is filled up and submitted, the “Payment of advance contribution” page will open and here employers need to fill in the amount they want to pay for their employees. They need to pay in advance for 6 months.

5. Final step

Once you have done 6 months registration payment process, then their system generates a registration letter (c-11). And ESIC will provide a 17-digit registration number as well. This is completely valid proof for employees.

Advantages of ESIC

Once any company entitles their employee's details in their ESIC, they will get many benefits like….

•     Employees are able to get 70% salary up to if they take leave a maximum of 91 days in a year for illness.

•     Employee will get medical benefit and their family also get these benefits!

•     Women who are entitled to this ESIC can get maternity leaves and benefits for both

•     If during work employees die, then 90% of their salary is given to their families in the form of a monthly payment.

•     Funeral expenses also given

•     Also old-age medical care expenses were also given.

Now, if you are looking for an expert company or advisor who will take care of all the above processes on behalf of your company enlist your employee details in the ESIC, and payment timely, then TaxSavvy is the best option. They have years of experience in this field and they can help every single, medium, and large company to enlist for ESI and provide the best benefit all the time.