Employee State Insurance is the full form of ESI and Employee State Insurance Corporation is the full form of ESIC. Basically, ESI is administered and governed by an autonomous self-financed social security labor organization named ESIC
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Employee State Insurance is the full form of ESI and Employee State Insurance Corporation is the full form of ESIC. Basically, ESI is administered and governed by an autonomous self-financed social security labor organization named ESIC. It is one of the most popular schemes for employees which has been employed in various sectors in different organizations in the country. The ESIC functions under the guidance of the labor ministry, which is under the Govt of India. Employees who have registered under the ESIC Registration scheme can opt for medical benefits or monetary benefits provided they are employed in an organization that has more than ten employees. The employees are provided and assigned with a 17 digit unique identification number after they have completed the ESI Registration.
Who can apply for ESIC?
The ESI scheme was started by the ESIC for the Indian Workers. The workers are given a variety of benefits through the ESI scheme like medical, monetary, etc. The companies having more than ten employees who have a minimum salary of fifteen thousand rupees( 15000/- ) have to mandatory register themselves with ESIC.
The following entities are covered based on the government notification dated Sec 1(5) of the ESI Act :
Shops
Restaurants
Hotels are only engaged in sales
Cinemas
Road Motor Transport Establishments
Newspaper establishments (which are not covered under the factory act)
Private Educational Institutions.
Pricing
At Accupay, we believe in providing clear and flexible pricing options tailored to your business needs.
Hire employees in 100+ countries where you don't have entities
$10 - monthly
popular
All packages come with mention any additional benefits, features,
$ 20 - monthly
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$40 - monthly
Why Accupay
Your dependable guide to achieving freedom from manual HR work and building that perfect workplace you have always aspired to build. Your dependable guide to achieving freedom.
With reliable commission payments and support for both employees and independent contractors, Gusto takes the complexity out of payroll for real estate.
Effortlessly manage your properties with our professional property management services. From tenant relations to maintenance,
Make informed investment decisions with our detailed investment analysis. Our experts assess potential properties and provide insights to guide
Navigate real estate transactions with confidence. Our team facilitates smooth buying, selling, or leasing processes,
Streamline lease management with our lease administration services. We handle documentation, renewals,
Why Accupay
Your dependable guide to achieving freedom from manual HR work and building that perfect workplace you have always aspired to build. Your dependable guide to achieving freedom.
FAQs
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
AccuPay offers a comprehensive suite of services, including accounting, payroll processing, tax preparation, financial advisory, and global payroll solutions.
Testimonial
Startups thrive with AccuPay. Their flexible payroll solutions have been instrumental in our journey, providing the support