The first auditor offers ESI Registration consulting services in Chennai, Tamil Nadu. In Chennai, Tamil Nadu, we provide the best ESI Registration service. In Coimbatore, Madurai, Tirupur, Trichy, Thanjavur, Erode, Salem, Namakkal, Karur, hosur, tuticorin, krishnagiri, Cuddalore, Kanyakumari, and Pondicherry, we offer ESI Registration services. We provide low-cost ESI Registration services. We provide the service at a reduced cost and efficiently compared to our rivals.
ESI Registration Overview
- The Government of India launched the Employee State Insurance (ESI) programme to provide workers with financial, medical, and other benefits. Employee State Insurance Corporation, an independent agency that reports to the Ministry of Labor and Employment, is in charge of managing ESI.
- Any business with more than 10 employees is required by law to have ESI. There are 20 employees in some states.
- Our offerings include
- Free consultation for new clients
- Validation of data for all papers submitted
- A dedicated affiliate should be assigned to handle the application
- In the lowest amount of time feasible, obtain the PF and unique ESI Number.
Benefits of ESI Registration
Employees who are registered with ESI are guaranteed to receive the following benefits under the Employees' State
Medical Aid
Registered ESI members and their families are entitled to the advantages of comprehensive medical care and insurance starting on the first day of employment.
Maternity Aid
Maternity benefits are available to expectant mothers and are payable for up to 26 weeks. On medical recommendation, this period may be prolonged by 30 days. Employers must have contributed their earnings for 70 days in the previous two contribution periods in order to be eligible for maternity benefits.
Disablement Benefits
As disability payments, disabled workers are eligible to receive 90% of their monthly income.
Sickness Benefits
A maximum of 91 sick days and 70% of the monthly salary may be taken off from work each year
Dependent Benefits
In the tragic case that an employee passes away while still working, the deceased's dependents will get 90% of their monthly wage.
Funeral Expenses
An additional Rs. 10,000 is due to the dead employee's family to cover burial costs.
Confinement Expenses
Under the ESI system, confinement expenses may be claimed in the event that an insured woman or an employee's wife gives birth in a location without medical services. Additionally, some of the need-based advantages include:
Vocational Rehabilitation
Employees with a physical disability who are insured are entitled to receive vocational rehabilitation training at VRS.
Physical Rehabilitation
Employees may be eligible if they become physically disabled as a result of work-related dangers or injuries.
Old Age Medical Care
Medical benefits are guaranteed for ESI personnel who are retiring or choosing VRS/ERS for an annual payment of Rs. 120. The same benefits are available to insured ESI personnel who retire due to permanent disabilities.
Extended Sickness Benefits
As long as their 91-day sick leave has expired, ESI members with chronic illnesses are eligible for the extended sickness benefit for up to two years. The concerned ESI member must have been employed for at least two years prior to the commencement of the illness and the subsequent diagnosis in order to qualify for this benefit, among other requirements.
Enhanced Sickness Benefit
This incentive was implemented in 1976 as a means of encouraging ESI employees to have vasectomy or tubectomy for the sake of their families. Registered ESI members are eligible for an increased sickness benefit equal to 100% of their daily average wages if they agree to undertake the sterilising procedures. This benefit also permits a 7-day vasectomy recovery period and a 14-day tubectomy recovery period beginning on the date of the procedure or hospital admission, respectively. If there are any complications following surgery, this benefit can potentially be extended.
Documents required for online ESIC Registration
ESI registration requires the following documents to be submitted by the employer along with the application:
- To register for ESI (Employees' State Insurance) the employer has to submit the following documents along with the application:
- The registration certificate or license issued by
- Shops and establishment Acts
- Factories Act
- Address proof
- Rent receipt of the occupied premises, mentioning its capacity
- Copy of PAN card
- Copy of bank statement
- Photocopy of the last building tax/property tax receipt
- Memorandum and Articles of Association or Partnership Deed or Trust Deed - dependent on the applying entity
- Photocopy of registration
- Certificate of commencement of production
- Registration No. of CST/ST/GST
FAQ
What is ESI Scheme?
It is a comprehensive Social Security Program created to achieve the goal of providing medical care to the insured employees and their families as well as social protection for "employees" in the organised sector against the occurrences of sickness, maternity, disablement, and death due to employment injury.
How does the scheme help the employees?
During his period of incapacity, the employee covered by the plan receives complete medical care to regain his health and ability to work. It
gives a person financial support to make up for the lost wages they would have earned had they not missed work due to illness, childbirth, or an occupational injury. The programme also covers the medical expenses of the patient's family members.
Who administers the ESI Scheme?
An organization known as the "Employees' State Insurance Corporation" (ESIC) is responsible for managing the ESI Scheme. Its members represent employers, employees,
the medical profession, state governments, federal government, and parliament. The Director General serves as both the Corporation's Chief Executive Officer and an ex-officio member of the Corporation.
How is the Scheme funded?
The ESI programmer is a self-supporting programmer. Employers and employees contribute to the ESI funds primarily through fixed monthly percentage payments.
Paid wages In addition, the state governments foot one-eighth of the bill for medical benefits.
What is ESI Registration Procedure and Requirements?
ESI Registration Requirements and Process
The registration process consists primarily of two tasks:
The employer of the business must submit a fully completed Employer's Registration Form-01 to the ESIC together with all required paperwork.
The eligible employee must complete Form I and submit it to the company along with the relevant paperwork and a family photo.
Which Entities are covered under ESI?
As long as they have the necessary number of employees in that state, many establishments are eligible for registration under the Employees' State Insurance Act of 1948. The organisations protected are:
Shops
Only sales are made in restaurants and motels.
Cinemas
Road Motor Transportation Facilities
Newspaper businesses (which are covered under the factory act)
Private institutions of higher learning
Facilities for roadside motor transportation