ESI is compulsory for entities employing 20 or more persons. ESI contribution is required for employees earning less than Rs.21,000/- per month. It is a self-financing social security and health insurance scheme for Indian workers. The contribution of employer is 4.75 percentage and of employee is 1.75 percentage, which totals to 6.5 percentage. This fund is managed by the ESI Corporation as per the rules and regulations under ESI Act 1948. ESI is an autonomous body under Ministry of Labour and Employment, Government of India.
Employees registered under the ESI enjoy a range of benefits under the scheme. They get medical attendance and treatment for the person insured and their families including full range of medical, surgical and obstetric treatment, supply of all drugs, ambulance services, super-specialty consultation, etc. Once, registered the department allot a 17 digit unique identification code.
REASONS FOR REGISTRATION
SECURITY
This scheme provides Employees with a comprehensive Social Security for protecting the employees during sickness, injury or disability.
COMPLIANCE
Organizations under ESI coverage must file annual return showing the changes if any during the preceding year.
ESI BENEFITS
Employees registered under the scheme can avail medical facilities and are also entitled for sick pay benefits.
OUR HAND IN REGISTRATION
Compex help you obtain ESI registration in just 12-15 days subject to government processing time.
APPLICATION PREPARATION AND PROCESSING
Compex expert help you to prepare ESI application with compulsory documents and get it submitted with the authority and follow up in its further processing.
REGISTRATION
After all process unique identification code will be provided by the department.
Full Administrative Tax Services Management
REACH YOUR POTENTIAL FASTER AND WITH EASE
We will take care of your accounting and administrative services and take the load off you.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s