Gsagroups supports many businesses in compliance to labor regulations by providing ESI registration services. They help with obtaining the ESI code, filing applications, and preparing documents. They also assist in managing records of staff members, conducting inspections, and guaranteeing compliance. Businesses can avoid legal consequences by securing employee welfare benefits and completing the ESI registration process quickly with gsagroups.
According to the Employees’ State Insurance Act of 1948, businesses with ten or more employees (or twenty in some states) making up to ₹21,000 per month are required to register for ESI (Employees’ State Insurance). It offers workers and their family members health, disability, maternity, and other benefits. The Employees’ State Insurance Corporation (ESIC) oversees the ESI program, which provides financial security in the event of an emergency or illness. gsagroups.in
Who Must Sign Up for ESI?
- Factories or organizations with ten or more workers that are not seasonal.
- ESI benefits are available to workers who make ₹21,000 or less per month.
Gsagroups is providing the best advantages for Registering for ESI:
- Medical Benefits: From the moment of hire, employees with insurance and their family members have full medical coverage.
- Benefits for Sickness: Up to 91 days of cash compensation at 70% of salary during certified illness every year.
- Benefits for Maternity: Paid maternity leave for female workers.
- Benefits for disability: The monthly payments made to people who have been temporarily or permanently disabled by an injury sustained on the job.
- Benefits for Dependents: Money given to dependents in the event that an employee passes away from an occupational injury.
The Function of gsagroups in ESI Registration:
- Finding out: if your business satisfies the requirements for required ESI registration is known as the eligibility assessment.
- Documentation assistance: directing the gathering and production of required paperwork, including wage records and personnel information.
- Application Submission: submitting the Employees’ State Insurance Corporation (ESIC) online registration application.
- Advice on continuing compliance: such as making contributions on time and keeping records up to date, is known as compliance guidance. gsagroups.in
Qualifications for ESI Registration:
Applicability: Within 15 days of the ESI Act, 1948 becoming applicable to them, all factories and businesses with 10 or more employees must apply for ESI registration.
Employee Wages: All employees making ₹21,000 or less a month in wages or salaries are required to register for ESI. gsagroups.in
Documents Required for ESI Registration:
Registration Certificate of the company (Shops & Establishment Act / Factory Act / GST Certificate).
Certificate of Incorporation / Partnership Deed / LLP Agreement – depending on the type of entity.
PAN Card of the company/firm.
Address Proof of the establishment (utility bill, rent agreement, property papers).
Bank Account Details – Bank statement or cancelled cheque of the company.
List of Employees with their details (name, father’s name, date of joining, designation, salary).
Employee Attendance Register or wage register.
Digital Signature Certificate (DSC) of the owner/authorized signatory.
Proof of Ownership or rent/lease agreement of the premises.
Details of Directors/Partners/Proprietor – ID proof, address proof, and photographs.
