(1) The employers' share of contribution under ESI Act, 1948 is @ 4.75% of total wages and not @ 4.25% as mentioned by you in above comments.
(2) Alll employees getting wages upto and including Rs. 15000/- per month will be coverable under ESI Act, 1948.
(3) Before making compliance under said Act, you will be required to obtain ESIC Code Number in respect of your factory/establishment for which you may submit form 01 to the appropriate Sub/Regional Office of ESIC. Kindly also ensure that the area where your establishment/factory is located falls in implemented area as notified u/s 1(3) of said Act and your establishment qualifies either as 'factory' or other category of establishments for which notification has been issued by the appropriate government u/s 1(5) of said Act.
(4) After obtaining of Code Number, you will be required to obtain Insurance Numbers in respect of all coverable employees after submitting Declaration Forms in respect of such employees. For this purpose, you will be required to contact the nearest ESIC Branch Office.
9th December 2013 From India, Noida