Free Consultation

ESIC registration and filing

Ryot Associates provide ESI registration in Coimbatore, Tirupur, Erode, Namakkal, Chennai and all other places in Tamilnadu. ESI is an autonomous body which is governed by Ministry of Labour and employment, Government of India. Employees will get variety of medical, monetary and other benefits from the employer through this scheme. This scheme not only provides medical benefits to employees but also to its family members.

Liable for ESIC registration

Every company having more than 10 employees are mandatorily needs to register ESI, whereas in some states the employees limit was 20. As per the latest announcement by the ESIC, new companies registered through MCA portal w.e.f 15.02.2020 need not comply with the provisions of ESI act till they reach threshold of ESI coverage or 6 months from incorporation whichever is earlier. Employees whose gross salary which is up to Rs. 21000 compulsorily needs to have an ESI.

Contribution to ESI

Total Contribution to ESI is 6.5% on the gross salary of an employee, which is divided into 4.75% as employer contribution and 1.75% as employee contribution.

ESIC Filing

Every employer has to pay the ESI amount on monthly basis on or before 15th of the following month. Whereas due date for the return filing is half yearly basis, which is 11th November and 11th May respectively.