Manage Business / Compliance /

ESI Monthly Return

Employee's State Insurance(ESI) is a self-financing social security and health insurance scheme for Indian workers.

  • Ideal forMandatory for all companies
    (Emp. more than 10)

  • Time Required8 to 12 days
     

  • FeesStarting at Rs.699 onwards
     

Description

ESI Registration is mandatory for employers having 10 or more employee. For all employees earning Rs.15000 or less per month as wages, the employer must contribute 4.75% and employee must contribute 1.75% towards ESI. The ESI fund is managed by the ESI Corporation (ESI) according to rules and regulations stipulated therein the ESI Act 1948, which oversees the provision of medical and cash benefits to the employees and their family through its large network of branch offices, dispensaries and hospitals throughout India.

Fees Structure for ESI return filing

ESI return filing for employers having less than 30 employees Rs.699/-
ESI return filing for employers having less than 50 employees Rs.1199/-
ESI return filing for employers having less than 80 employees Rs.2899/-

Documents Required

  • Attendance register
  • Register for Form 6
  • Register of wages
  • Register of any accidents on the premises
  • Inspection book
  • Monthly challans and returns submitted for ESI

Procedure/Step for Registration

  • Step 1

    Once the documents are ready, the company can apply for registration by submitting the Employer's Registration Form (Form-1).

  • Step 2

    A PDF format of the form is Fill in the form and submit it to ESIC for registration on the

  • Step 3

    Once verified, a registration number, a 17-digit unique identity will be provided to the organization. The ESI filings can be done once you receive the 17-digit number.

  • Step 4

    Employees registered under the scheme get an ESI card after submitting a form with photographs and details of family members.

  • Step 5

    Although the registration is permanent, and the number is valid for the lifetime of the company, any new changes, such as employee additions, need to be intimated to the ESI.


Procedure/Step for Return

  • Step 1

    Collect the user ID and password from the ESIC portal.

  • Step 2

    Once you enter the portal, you will have a list of actions that can be performed, or changes or additions that can be made to your ESI account.

  • Step 3

    For filing monthly returns, click ‘File Monthly Returns’ on the tab on the right side.

  • Step 4

    Enter the bank details, and click ‘Submit’ to file your monthly ESI contribution.

  • Step 5

    After you have paid the contributions, you can go back to ‘List of actions’, and click ‘Generate challan’ on the right hand tab.

Our action

Our smart FCA can help you obtain ESI registration for your business. All employers having 10 are more employees are required to be registered with Employee State Insurance (ESI) Corporation. Those entities having ESI Registration must then file ESI returns. ESI returns are due half-yearly. FCA can help file ESI returns for your business. Our ESI experts can also help you computer ESI payments and maintain ESI regulation compliance for your business.