The Employee State Insurance Corporation (ESIC) Registration is a self-financing social security and health insurance scheme that offers medical benefits, sickness benefits, maternity benefits, and various other benefits such as funeral expenses and free physical aids to employees and their families.
Any factory or business establishment with 10 or more employees must register with ESIC, regardless of their salary. ESIC contributions are mandatory for employees earning less than Rs. 21,000 per month. This scheme provides health and sickness benefits to eligible employees and is supported by contributions from both employers and the state government.
Establishments such as shops, hotels or restaurants engaged solely in sales (without manufacturing), cinemas, road motor transport establishments, newspaper establishments, private educational institutions, and medical institutions including hospitals and diagnostic centers are required to register for ESIC coverage if they employ 10 or more people.
The current contribution rates are 0.75% of wages for employees and 3.25% for employers, subject to change periodically.
ESIC registration is a legal obligation under the ESI Act of 1948 for employers of factories and establishments meeting the specified criteria.
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