Dear saxena,
ESI contribution period are, asper the act,two, one from April to Sept. and another is from October to March of every accounting year. In this period, we have to file returns in the specified formats for our accuracy of recovery and remittances of ESI contributions to the ESI corporation.
Besides this, the employee in his turn, should avail some benefit out of his contribution to ESI, through us(the employer). For this the ESIC will provide, the employee and his/her family, an identity card with which he/she can avail medical treatement in the specified ESI dispensary for him/her alongwith his/her family. The treatment for some critical cases also available in the ESI Hospitals - on the forwarding note from ESIc Dispensary.
The benefit limit is arrived at by the benefit period to an employee, based on his contribution to ESIC.
The cotribution period and benefit period is
Contribution period
1st April to 30 September
Coresponding benefit period
1st January to 30th June of the year following
Contribution period
1st October to 31st March of the year following
Coresponding benefit period
1st July to 31st December of the calendar year
you can also see the website: esic.nic.in for further clarifications