Affordable Employees' State Insurance Registration

Employees State Insurance:-

ESI (Employee State Insurance) is the self-financing social security and health insurance scheme for Indian workers and it it used for the benefits of employee in case of sickness, maternity and employee injury and to make provisions for related matters. As the name suggest that it is basically an insurance scheme that is employee get the benefits if he/she is sick or injured.

Every employees who earning 15000Rs. Or less per month as wages, the company contributes 4.75 % and employee contributes 1.75% . Total share 6.5 %. This fund is managed by the ESIC accounting to rules and regulations under the ESI Act 1948. 

ESI Registration by KPS Payroll

Who needs to be ESI Registration?

According to Employees' State Insurance Act 1948, any business enterprise employing manpower 10 or more than 10 and who draws wages less than 15000/- per month is liable to enter into ESI schemes directly or indirectly.

ESI Benefits:

When employee contributes at least 9 months then he/she to get the full benefits of ESI scheme. Benefits include treatment, sickness, maternity, disability and dependent benefits.

KPS Payroll:-

KPS Payroll is a specialized unit of KPS Corporate Consultants Pvt. Ltd. It provides the complete payroll solutions, LabourLaw Compliance Services such as ESIC, Provident fund registration, monthly challan preparation, monthly return filing, maintenance of records many more..

KPS have a team of CA, CS and Advocate having in depth knowledge of the labour laws and practices.

We support of the matters before honorable the courts, tribunals( a specific court or committee that is appointed to deal with a particular problems) etc.

For More information about ESI Registration Click here

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