In Maharashtra is ESIC is applicable to Education institute ??
From India, Mumbai
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From India, Mumbai
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ESIC (Employee State Insurance Corporation) is a social security scheme in India that provides medical and cash benefits to employees and their dependents. In Maharashtra, the applicability of ESIC to educational institutes depends on the number of employees working in the institute. Here are some key points to consider:
Applicability of ESIC to Educational Institutes in Maharashtra
1. Employee Count: ESIC is applicable to educational institutes where the number of employees, including teaching and non-teaching staff, is 10 or more. If an educational institute meets this criterion, it is mandatory for them to register under ESIC.
2. Wages: ESIC contributions are based on the wages of employees. If the wages of employees in an educational institute fall within the prescribed limit, ESIC becomes applicable.
3. Compliance: It is essential for educational institutes falling under the ESIC coverage criteria to comply with the regulations, including timely payment of contributions and filing of returns.
4. Benefits: By being covered under ESIC, employees of educational institutes can avail of medical benefits for themselves and their dependents, ensuring their well-being and healthcare needs are met.
5. Registration Process: If an educational institute meets the eligibility criteria for ESIC coverage, they need to register online on the ESIC portal and obtain a 17-digit unique identification code.
6. Contribution: Both the employer and the employee are required to make contributions towards ESIC, which are calculated as a percentage of the employee's wages.
7. Penalties: Non-compliance with ESIC regulations can lead to penalties and legal consequences, so it is crucial for educational institutes to adhere to the requirements.
In conclusion, if an educational institute in Maharashtra has 10 or more employees, including teaching and non-teaching staff, and their wages fall within the prescribed limit, ESIC is applicable to them. It is important for educational institutes to understand and fulfill their obligations under ESIC to ensure compliance with labor laws and provide necessary benefits to their employees.
From India, Gurugram
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54Applicability of ESIC to Educational Institutes in Maharashtra
1. Employee Count: ESIC is applicable to educational institutes where the number of employees, including teaching and non-teaching staff, is 10 or more. If an educational institute meets this criterion, it is mandatory for them to register under ESIC.
2. Wages: ESIC contributions are based on the wages of employees. If the wages of employees in an educational institute fall within the prescribed limit, ESIC becomes applicable.
3. Compliance: It is essential for educational institutes falling under the ESIC coverage criteria to comply with the regulations, including timely payment of contributions and filing of returns.
4. Benefits: By being covered under ESIC, employees of educational institutes can avail of medical benefits for themselves and their dependents, ensuring their well-being and healthcare needs are met.
5. Registration Process: If an educational institute meets the eligibility criteria for ESIC coverage, they need to register online on the ESIC portal and obtain a 17-digit unique identification code.
6. Contribution: Both the employer and the employee are required to make contributions towards ESIC, which are calculated as a percentage of the employee's wages.
7. Penalties: Non-compliance with ESIC regulations can lead to penalties and legal consequences, so it is crucial for educational institutes to adhere to the requirements.
In conclusion, if an educational institute in Maharashtra has 10 or more employees, including teaching and non-teaching staff, and their wages fall within the prescribed limit, ESIC is applicable to them. It is important for educational institutes to understand and fulfill their obligations under ESIC to ensure compliance with labor laws and provide necessary benefits to their employees.
From India, Gurugram
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Amendment To Applicability Under The Employees State Insurance Act 1948 For Maharashtra.pdf