Who should Register for the ESI scheme?
The ESI scheme, overseen by the Employees’ State Insurance Corporation (ESIC) and regulated by India’s Ministry of Labour and Employment, requires contributions from both employers and employees, totaling 4% of an employee’s monthly gross salary to the ESI fund. Businesses in India with a workforce of 10 or more are expected to proactively enroll with the ESIC within 15 days of becoming eligible.
Essential Documents for Filing ESI Returns
To ensure a smooth and compliant Employees’ State Insurance return filing process, businesses must keep the following documents up-to-date and readily available:
- Attendance register
- Attendance register
- Form 6
- Register of wages
- Accident register
- Cancelled cheque of the company
- Inspection book
- PAN card of the organisation
- Monthly challans and returns for ESI