Find below the details regarding ESIC.. how an organisation is been registered with ESI and other obligations of employers..
The formalities for ESI is you must have a strength of 20 employees, no matter whether they are getting salary more than 10000/- or lesser. As maxcimum ceiling of ESI contribution is upto 10000/- Gross/Month only. Those getting 10001/- will be exempted from the ESI.
Yes ESI and ESIC is same. ESIC stands for Employee State Insurance Corporation..
The Employer should get the Factory or Establishment registered with the ESI Corporation within 15 days of the applicability of ESI Act. The declaration of registration is to be filled in form 01, along with a separate sheet containing the name and address of the Establishment, number of employees, nature of duty and name, designation and address of the manager controlling such persons, in respect of office situated outside. After been satisfied with the application the ESI regional office will allot a code number to the employer.
After that only you can register your emplyees with the ESI. They have to fill up a declaration form FORM 1, written clearly Male or Female. All the declaration forms should be counter signed by the employer.
Then prepare a return of declaration in form 3 separate for Male & Female within 10 days of filling of declaration form.
Then every employee shall be alloted an temporary identification number.
Here is some more details regarding the registration and other formalities at employer end.
For ESI also 1stly one has to fill the declaration Form -1, separate for both male n female employees. The employer shall then send a return of declaration forms in Form-3, in duplicate within 10 days from the date on which the declaration forms are submitted, along with the declarations forms. It is also prepared separately for male n female employees.
The deducted amount should be deposited every month into the ESI account with an Authorised SBI branch through challan in quadruplicate on or before the 21st of the month.
The employer should prepare a Return of Contributions in Form-6, in quadruplicate, by entering details in the ascending number of insurance numbers and draw the totals.This return of contribution should be submitted along with receipt copies of monthly challans to the regional ESI office within 30 days of end of contribution period, i.e half yearly.
Hope now it will be very much clear with you regarding the obligations of employer related to ESI.
Even for this Act also the minimum number of employee should be 20.
Every employer of an establishment to which the Employee Provident Fund Act applies, should submit in Form 5A(in duplicate) to the commissioner, particulars of all the branches and departments, owners, directors, partners if any or any other person who is controlling its affair within 15 days of its applicability of the scheme.
On receipt of Form 5A, the commissioner shall verify the particulars submitted and after been satisfied shall allot an Establishment Code No.
Hope now it will be very much clear with you.
Feel free to revert if any problem is there to get it understand.
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