FincomIndia

ESI Return

ESI return must be filed monthly by all persons and entities having a ESI registration.
From Rs 749/- Inc. of all taxes

Employee State Insurance (ESI) is a social security and insurance scheme for workers.The ESI scheme protects the workers’ interest in case of contingencies like temporary or permanent disablement, employment injury, sickness, maternity, death by employment injury etc. The ESI scheme gives medical care to registered workers and their dependents through their well established network of hospitals, dispensaries across India. Registration under ESI is mandatory for every employer employing 10 or more workers. Every month the every worker earning less than Rs. 15000/-pays 1.75% of wages and employer contributes 4.75% of wages towards ESI payment. The collected funds is managed by ESI as per the Employee State Insurance Act, 1948.   

Salient Features of ESI Return

Temporary and Permanent disablement benefits

From day one of entering insurable employment & irrespective of having paid any contribution in case of employment injury. Temporary Disablement Benefit at the rate of 90% of wage is payable so long as disability continues.

Subordinate Benefit

Dependants Benifits paid at the rate of 90 percent of wage in the form of monthly payment to the subordinates of a deceased Insured person in cases where death occurs due to employment injury or occupational hazards. "

Share

The Act is based on employer’s / employee’s contribution. All contributions paid by the insured workers, their employers and income from other sources are pooled into a common fund called the Employees State Insurance Fund.

Disease Benefits

Sickness Benefit in the form of cash compensation at the rate of 70% of wages is payable to insured workers during the periods of certified sickness for a maximum of 91 days in a year. In order to qualify for sickness benefit the insured worker is required to contribute for 78 days in a contribution period of 6 months.

Medical Benefits

Full medical is distributed to an covered person and his family member's from the day he enters insurable employment. There is no calling on incidental charges of an insured person or his family member.

Transparent And Competitive Pricing

BASIC STANDARD PREMIUM
For Employers having Less Than 30 Employees
For Employers having Less Than 50 Employees
For Employers having Less Than 80 Employees
Rs. 1,000
Rs. 749
Inc. all taxes
Rs. 2,000
Rs. 1,399
Inc. all taxes
Rs. 5,000
Rs. 3,999
Inc. all taxes
Delivery Process

1. Order Confirmation

Once you confirm the order online one of our executives will get in touch with you to explain all the requirements.

2. Submission Of Documents

Our experts will collect the necessary information and documents for preparation of ESI return for your business.

3. Return Preparation

Based on the documents and information presented, our expert will prepare your ESI return and send for your approval.

4. Hurray......It's Done

Once the ESI return is verified and approved by you, our ESI expert will file your ESI return with the ESIC department.

Frequently Asked Questions
Employee State Insurance (ESI) is a social security and insurance scheme for workers. Every Insured Person gets range of benefits like hospitalization, ambulances, medical facilities for dependents, cash benefits etc.
Every employer who is employing 10 or more workers in insurable employment is liable to register under ESI and make contributions.
Every employer willing to register under ESI scheme has to apply for registration under the scheme with the Regional Office. The Regional Office issues a 17 digit registration number called Code Number.
Every worker earning wages of Rs. 15000/- or less gets benefit. Employer has to make a contribution of 4.75% of wages where as worker contributes 1.75% of his wages to the scheme every month.
Every employer willing to register under ESI scheme has to apply for registration under the scheme with the Regional Office. The Regional Office issues a 17 digit registration number called Code Number.
Worker has to fill Form – I and submit required documents with a family photo. Employer after collecting the documents submits the same with ESI department. On submission the ESI department issues identity card to the worker. The registration number and identity card can be used by the worker even after changing the job.
The employer must maintain employee register, accident register, inspection book, wage register and books of accounts.
Employer has to file half yearly returns of contribution paid. In addition an Annual Return has to be filed for details of changes in workers during the year.
ESI contribution for the month should be paid by 21st of the following month.
Employer has to pay simple interest @12% for delay in payment of ESI contributions. However, for not paying the ESI contributions of employee the employer is punishable under Indian Penal Code.

Our Presence

Check Availablity in your area

FinComIndia has capability to serve at your door step at more than 6000 Pin Codes across. You have the opportunity to avail our world class services sitting at your home or office itself. This service is free of cost for all the customers. We practically cover the whole of India. Kindly check in the box above for availability of door step services in your city.

Reasons to choose FinComIndia?

PROFESSIONAL EXPERTISE

FinComIndia has a team consisting of more than 75 experts of varied domains which enables us to deliver high quality of services. All our staff is well trained and regularly updated with all relevant statutory changes.

DOOR STEP SERVICES

We pick up all the required documents right from your door step at your preferred time and date and also deliver back the original documents / certificates to your address.

NATION WIDE REACH

We have capability of providing our services across more than 6000 Pin Codes in India. This makes us the front runner in Nation wide reach.

BEST PRICE

We are upfront with our pricing with no hidden fees, Also lowest pricing through automation and technology.

Money Back Guarantee

If you are not satisfied with our work, we will refund the money after deducting the statutory fees paid and other administrative charges.

100% Customer Satisfaction

With our quality of services and professional expertise, we guarantee 100% customer satisfaction.

Giving Back to the Society

In our endeavour to give back to the society, we donate 1% of our profits to various charitable and environmental causes.