ESIC Registration

Any non-seasonal factory or establishment having more than 10 employees (in some states it is 20 employees) who have a maximum salary of Rs. 21,000/- has to mandatorily register itself with the ESIC within 15 days from the date of its applicability.

Under this scheme, the employer needs to contribute an amount of 3.25% of the total monthly salary payable to the employee whereas the employee needs to contribute only 0.75% of his monthly salary every month of the year.

The only exemption to the employee in paying his contribution is whose salary is less than Rs. 176/- per day.

Contact us for more details about ESIC and periodic compliances.