ESI Return Filing
ESI Return Filing by the Factories, Establishment owners to Employee State Insurance body for the workers working in their factories, establishments to provide them social security and medical health benefits..
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ESI Return Filing required mandatory
Benefits of ESI Return Filing
- Medical treatment for employee and their dependent family members
- Unemployment cash benefits
- Maternity leave for women employees
- Sickness benefits for certain disease
- Enhanced sickness
- Rehabilitation allowance
Pricing
(Simple & Clear Pricing. No Hidden Charges)
| Government Fee | Rs 0 |
| Professional Fees | Rs 1,459 |
| Goods & Service Tax | Rs 00 |
| Total Cost | Rs 1459 |
What is an ESI Return?
(All you need to know)
Employees’ State Insurance (ESI) is an independent organization managed by the Ministry of Labor and Employment. It is a self-financing social security and health insurance program for Indian workers. Employee State Insurance Corporation (ESIC) and its rules and regulations are in charge of managing this ESI fund. ESI is collected every month by the employer and should be paid by 15th of the month but the companies that have registered for ESI are required to submit their ESI returns once every six months during the two time periods of 1 April through 30 September and 1 October through 31 March.
ESI is a social security program provided by the Indian government according to the Employees’ State Insurance Act of 1948. This program is self-financing, with regular monthly contributions from both employees and employers equal to a certain percentage of their salaries.
1.Attendance Register
2. Wages Register
3. Form-6 Register
4.Accident Register
5. Inspection Book
6. File containing all monthly challans & returns submitted
Other Specific Documents Required to File ESI Returns
Following Documents are required :-
- A registration certificate or the appropriate license must be presented under the Shops and Establishments Act.
- The Memorandum of Association and Articles of Association are required along with the other documents.
- A copy of the relevant trust deed needs to be submitted if the organization is a partnership corporation.
- The certificate certifying the beginning of work in the factory must be presented if the business is a factory.
- Information about the monthly contributions of the employee to the factory or an other entity.
- A complete list of the directors, shareholders, and partners of the company.
- Respective Bank Statement of the Organization.
- Address of the property and additional details about the property.
Penalties For Failure to comply with ESI Return Filing
Failure to comply with ESI Return Filing is a serious offence. If an establishment fails to file the ESI Return, it will be fined up to ₹5,000 and liable for imprisonment, extending to 2 years. This is covered under Section 85 of the Employees State Insurance Act, 1948.
Even delay in ESI Return Filing is not accepted. In case of any delay, ESI is empowered to levy a penalty of 5% to 25%. Apart from this, ESIC will also charge interest at 12% for the delay period.
Procedure for obtaining ESI Returns:-
Each employer would have been given a user ID, password, and a 17-digit code while registering for ESI.
Go to the official website of ESIC. Enter your login information, and click “Login.”
Make sure that the employee details are correct before clicking “File Monthly Returns” on the right-hand side. A list of options for editing employee details will be available on the portal. Correct the information if required.
To submit the monthly ESI contribution, fill the bank information and click “Submit.”
After the donations have been paid, go to the “List of actions” page and press “Generate challan.” It is necessary to keep this challan for inspection.
Select the checkbox to accept the declaration and click on “Self-certification” under the Monthly Contribution section. The Chartered Accounts Certificate has to be uploaded if there are more than 40 employees. The Employer is done with the submission of the ESI Return Click “Submit”
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Frequently Asked Questions
How do I submit an ESI return?
ESI Return contributions must be filed within 42 days after the contribution period has ended. The payment must be paid within 21 days of the end of the calendar month. These reports must be submitted twice yearly.
If an employer has many units, should he do ESI Return Filing separately for each?
No, there will be only a single account for every registration ID.
When can we file ESIC Return?
The ESIC Return is filed on the half-yearly basis which means the ESIC return is required to file on or before 11th May and 11th Nov.
Does every business have to file this return?
All the Establishments registered under ESI are required to file Return irrespective of the type of business or employment strength.
What is the ESI Code number?
This is the 17-digit unique identification number that is allotted to every registered establishment. This number gets generated through the ESIC portal on the submission of required information by the employer or it is generated on receipt of a survey report from the Social Security Officer.
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