ESIC

Delay in payment of Employee Contribution to PF/ESI, etc. – In dilemma to claim or not?

CA, CS, CMA - Delay in payment of Employee Contribution to PF/ESI, etc. – In dilemma to claim or not? Section 2(24)(x) of the Income tax Act 1961 (‘Act’) while defining Income, includes the sum received by taxpayer/employer from employees as contribution towards PF, ESI or any other welfare schemes/fund. Once such sum is treated as Income in hand...

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ESI Registration in India

CA, CS, CMA - ESI stands for Employee State Insurance managed by the Employee State Insurance Corporation which is an autonomous body created by the law under the Ministry of Labour and Employment, Government of India.  What are the Conditions for eligibility criteria? Under Sec2 (12) of the ESI Act, 1948 any individual working in the non-seasonal fac...

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EPFO and ESIC-An Overview & Registration

CA, CS, CMA - THE EMPLOYEES’ PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT, 1952 An Act to Provide for the institution of provident funds, Pension Fund and deposit- linked insurance fund for employees in factories and other establishments. Section 1(3) of the act defines the Eligibility criteria for EPF registration: 1. Establishment which is ...

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ESI (Employees State Insurance) scheme & Registration process

CA, CS, CMA - Overview of Employee State Insurance Scheme or ESI scheme (ESI Act 1948) Employee State Insurance or ESI is a scheme commenced by the Government of India to offer medical, monetary and other advantages to workers. ESI is managed by an autonomous authority – Employee State Insurance Corporation – which lies under the jurisdiction of th...

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EPF & ESI – Forms used and Legal Compliance

CA, CS, CMA - Basis EPF ESI 1.) Acts Applicable The Employees’ Provident Funds And Miscellaneous Provident Act, 1952. Employees’ State Insurance Act, 1948 Extends to Whole INDIA Whole India 2.) Name of Scheme Employees Provident Fund Scheme. 3.) Organisation Employees’ Provident Fund Organization (EPFO). Employee’s State Insurance Corporation (...

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Extension of ESI Scheme to Arunachal Pradesh

CA, CS, CMA - In its continuous endeavor to cover more workers under ESI Scheme, Govt. of India has now extended the Employees 'State Insurance (ESI) Scheme for the first time to Arunachal Pradesh, with effect from 1st November, 2020. A notification to this effect has been issued by the Central Government for notifying the district of Papum Pare,under ...

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Several Measures Taken by ESIC to Extend Relief During COVID-19 Pandemic

CA, CS, CMA - The country is dealing with a very challenging situation due to COVID-19 Pandemic. Many parts of the country have been placed under lock down to enforce social distancing.  To deal with the crisis, Employees’ State Insurance Corporation (ESIC) has undertaken multiple steps to provide relief to its Stakeholders and members of public....

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Registration for EPFO & ESIC for new Companies on MCA Portal only

CA, CS, CMA - Registration for EPFO & ESIC for new Public and Private Limited Companies and One Person Company has been stopped on Shram Suvidha Portal from 15.02.2020. With effect from 15.02.2020, new Public & Private Limited Companies and One Person Company shall get registration number for EPFO and ESIC on MCA portal (www.mca.gov.in ...

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Government Reduces Rate of ESI Contribution from 6.5% to 4%

CA, CS, CMA - The Government of India has taken a historic decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%(employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution being reduced from 1.75% to 0.75%). Reduced rates will be effective from 01.07.2019.This would benefit 3.6 crore employees and ...

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Guidelines for Registration of Factory/Establishment under ESI Act 1948

CA, CS, CMA - The ESI Act, 1948 is applicable to all factories and notified establishments in an implemented area employing 10 or more employees employed for wages. a) For Factory:‑ The threshold for coverage of “factory”, as per section 2(12) of the ESIC Act is 10 which are located in implemented areas. At present the Act is extended [&h...

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Employees contribution to EPF & ESIC allowable if paid within relevant due date

PCIT Vs Orchid Pharma Ltd. (Madras High Court) - PCIT Vs Orchid Pharma Ltd. (Madras High Court) Employee’s contribution should be paid within the due date as provided in the related statutes to be allowed as deduction under Section 36(1)(va) of the Act.  A Division Bench of the Kerala High Court in the case of CIT Vs. M/s.Merchem Ltd. [repo...

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Employees’ contribution to EPF & ESIC deposited beyond due date not allowable

Pr. CIT Vs Orchid Pharma Ltd. (Madras High Court) -  Employees’ contribution to EPF and ESIC deposited beyond the due date prescribed under section 36(1)(va) would not be eligible for deduction even if deposited before the due date of filing the return of income tax under section 139(1)....

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Deduction u/s 43B for EPF / ESIC paid after due date

M.V.S Engineering Ltd Vs The CIT (Delhi High Court) - In this case high court held that payment of employees contribution under the Employees Provident Fund and Misc. Provision Act, 1952 and the Employees State Insurance Act, 1948 is allowable if paid before the due date of filing Income Tax Return or filing of Income Tax Return whichever is earlier e...

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Casual workers covered in employee under ESI Act 1948- SC

Royal Western India Turf Club Ltd. Vs E.S.I. Corporation & Ors. (Supreme Court of India) - A person who is employed for wages in the factory or establishment, on any work of, or incidental or preliminary to or connected with the work is covered. The definition brings various types of employees within its purview....

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ESIC Act 1948 Power to reduce imprisonment not extended to fine: SC

Employees State Insurance Corporation Vs A.K. Abdul Samad & Anr. (Supreme Court of India) - SC held that object of creating offence and penalty under the Employees’ State Insurance Act, 1948 is clearly to create deterrence against violation of provisions of the act which are beneficial for the employees....

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Employees’ State Insurance (Central) Amendment Rules, 2020

Notification No. G.S.R. 675(E). / Notification No. G.S.R. 676(E). - (27/10/2020) - (1) These rules may be called the Employees’ State Insurance (Central) Amendment rules, 2020. (2) They shall come into force on the date of their final publication in the Official Gazette....

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ESIC notifies eligibility criteria for unemployment benefit for Insured Persons who lost jobs due to COVID 19

Notification No. N-12/13/01/2019-P&D - (14/10/2020) - ESIC notifies relaxations in eligibility criteria for unemployment benefit for Insured Persons who have lost jobs due to COVID 19 Pandemic EMPLOYEES’ STATE INSURANCE CORPORATION NOTIFICATION New Delhi. the 14th October 2020 No. N-12/13/01/2019-P&D.—Whereas draft notification further to e...

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ESI extends Scheme granting benefit to persons who became unemployed due to COVID 19 Lockdown & notifies SOPs for claims   Sep 26, 2020

No P-11/14/11/ABVKY/2019-Bft II - (16/09/2020) - ESI Corporation has also decided to relax the eligibility condition of the scheme for the period 24.03.2020 to 31.12.2020 in order to provide benefit to the IPs who became unemployed due to COVID-19 induced lockdown....

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ESIC Covid-19 Relief For Loss of Work

No. E-13/12/9/2020-P.R. - (20/08/2020) - 1. Relaxation in eligibility criteria and enhancement in the payment of unemployment benefit under Atal Bimit Vyakti Kalyan yojana of ESIC  2. Establishment of ICU/HDU services at 10% of total beds in ESIC Hospitals  3. Measures taken by ESIC during Covid – 19 pandemic...

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ESIC Rule 56A- Confinement Expenses limit proposed to increase to Rs. 7500

Notification No. G.S.R. 466(E). - (27/07/2020) - In the Employees’ State Insurance (Central) Rules, 1950, in rule 56-A, for the words rupees five thousand, the words rupees seven thousand five hundred shall be substituted...

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Recent Posts in "ESIC"

Delay in payment of Employee Contribution to PF/ESI, etc. – In dilemma to claim or not?

Delay in payment of Employee Contribution to PF/ESI, etc. – In dilemma to claim or not? Section 2(24)(x) of the Income tax Act 1961 (‘Act’) while defining Income, includes the sum received by taxpayer/employer from employees as contribution towards PF, ESI or any other welfare schemes/fund. Once such sum is treated as Income in hand...

Read More
Posted Under: Corporate Law |

Extension of ESI Scheme to Arunachal Pradesh

In its continuous endeavor to cover more workers under ESI Scheme, Govt. of India has now extended the Employees 'State Insurance (ESI) Scheme for the first time to Arunachal Pradesh, with effect from 1st November, 2020. A notification to this effect has been issued by the Central Government for notifying the district of Papum Pare,under ...

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Posted Under: Corporate Law |

Employees’ State Insurance (Central) Amendment Rules, 2020

Notification No. G.S.R. 675(E). / Notification No. G.S.R. 676(E). (27/10/2020)

(1) These rules may be called the Employees’ State Insurance (Central) Amendment rules, 2020. (2) They shall come into force on the date of their final publication in the Official Gazette....

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ESIC notifies eligibility criteria for unemployment benefit for Insured Persons who lost jobs due to COVID 19

Notification No. N-12/13/01/2019-P&D (14/10/2020)

ESIC notifies relaxations in eligibility criteria for unemployment benefit for Insured Persons who have lost jobs due to COVID 19 Pandemic EMPLOYEES’ STATE INSURANCE CORPORATION NOTIFICATION New Delhi. the 14th October 2020 No. N-12/13/01/2019-P&D.—Whereas draft notification further to extend Scheme Atal Beemit Vyakti Kalyan Y...

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ESI extends Scheme granting benefit to persons who became unemployed due to COVID 19 Lockdown & notifies SOPs for claims   Sep 26, 2020

No P-11/14/11/ABVKY/2019-Bft II (16/09/2020)

ESI Corporation has also decided to relax the eligibility condition of the scheme for the period 24.03.2020 to 31.12.2020 in order to provide benefit to the IPs who became unemployed due to COVID-19 induced lockdown....

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ESIC Covid-19 Relief For Loss of Work

No. E-13/12/9/2020-P.R. (20/08/2020)

1. Relaxation in eligibility criteria and enhancement in the payment of unemployment benefit under Atal Bimit Vyakti Kalyan yojana of ESIC  2. Establishment of ICU/HDU services at 10% of total beds in ESIC Hospitals  3. Measures taken by ESIC during Covid – 19 pandemic...

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ESI Registration in India

ESI stands for Employee State Insurance managed by the Employee State Insurance Corporation which is an autonomous body created by the law under the Ministry of Labour and Employment, Government of India.  What are the Conditions for eligibility criteria? Under Sec2 (12) of the ESI Act, 1948 any individual working in the non-seasonal fac...

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Posted Under: Corporate Law |

ESIC Rule 56A- Confinement Expenses limit proposed to increase to Rs. 7500

Notification No. G.S.R. 466(E). (27/07/2020)

In the Employees’ State Insurance (Central) Rules, 1950, in rule 56-A, for the words rupees five thousand, the words rupees seven thousand five hundred shall be substituted...

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EPFO and ESIC-An Overview & Registration

THE EMPLOYEES’ PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT, 1952 An Act to Provide for the institution of provident funds, Pension Fund and deposit- linked insurance fund for employees in factories and other establishments. Section 1(3) of the act defines the Eligibility criteria for EPF registration: 1. Establishment which is ...

Read More
Posted Under: Corporate Law |

ESI (Employees State Insurance) scheme & Registration process

Overview of Employee State Insurance Scheme or ESI scheme (ESI Act 1948) Employee State Insurance or ESI is a scheme commenced by the Government of India to offer medical, monetary and other advantages to workers. ESI is managed by an autonomous authority – Employee State Insurance Corporation – which lies under the jurisdiction of th...

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Posted Under: Corporate Law |

ESI Return due date Extended till 15th July, 2020

No.P-11/12/Misc./1/2019(M) Rev.II (01/07/2020)

ESI Return due date Extended for October – 2019 to March 2020 Period In continuation to the Employees State Insurance Corporation, Circular no. P-11/12/Misc./1/2019(M)-Rev.II dated 18th March, 2020 ESIC department has further extended the due date and provide Relaxation of time limit for filing and depositing ESI Contribution for the mo...

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Draft Employees’ State Insurance (Central) Amendment Rules, 2020

Notification No. G.S.R. 359(E) (09/06/2020)

Draft Employees’ State Insurance (Central) Amendment Rules, 2020 MINISTRY OF LABOUR OF EMPLOYMENT NOTIFICATION New Delhi, the 9th June, 2020 G.S.R. 359(E).— The following draft of certain rules further to amend the Employees’ State Insurance (Central) Rules, 1950 which the Central Government, after consultation with the Empl...

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EPF & ESI – Forms used and Legal Compliance

Basis EPF ESI 1.) Acts Applicable The Employees’ Provident Funds And Miscellaneous Provident Act, 1952. Employees’ State Insurance Act, 1948 Extends to Whole INDIA Whole India 2.) Name of Scheme Employees Provident Fund Scheme. 3.) Organisation Employees’ Provident Fund Organization (EPFO). Employee’s State Insurance Corporation (...

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Posted Under: Corporate Law |

Relief Measures under ESIC For Covid-19 Pandemic

Relief Measures Under Employees State Insurance Act 1948 (ESIC) For Covid-19 Pandemic Employees State Insurance Corporation (ESIC) has given the following reliefs to the employees covered under the ESI Act for the Covid-19 Pandemic. 1. Whether Covid-19 sickness covered under ESI? ESIC has not specifically come up with notification stating...

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Posted Under: Corporate Law |

Suspension of Labour Laws amid COVID-19

With the aim to boost economy amid the lockdown due to emergence of COVID-19, several state governments have decided to suspend most of the labour laws in their respective state via ordinance. This has been done with an aim to give curb the effects of lockdown on Indian economy and provide employers with more flexibility […]...

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Posted Under: Corporate Law |

ESI Rules Amended To Allow Maternity Benefits For Commissioning & Adoptive Mother

Notification No. N-12/13/1/2016-P&D (20/05/2020)

ESIC has issued a notification by which it notified Employees’ State Insurance (General) (First) Amendment Regulations, 2020 and inserted Regulation 87A : Notice of Commissioning Mother, Regulation 88A: Declaration by Insured Women of her surviving child or children, Regulation 89C : Claim for Maternity Benefit by Commissioning Mother,...

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Employees’ State Insurance (General) (Second) Amendment Regulations, 2020

Notification No. N-12/13/01-2019-P&D (20/05/2020)

Employees’ State Insurance (General) (Second) Amendment Regulations, 2020 A member of local committee shall cease to be a member of the committee if he fails to attend three consecutive meetings thereof provided that his membership may be restored by the Regional Director, on being satisfied as to the unavoidable nature of the circumsta...

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ESI Due date of February 2020 further extended to 15th May, 2020

No.: P-11/14/Misc./1/2019-Rev. (13/04/2020)

The ESI Contribution for the Month of February, 2020, can be filed and paid upto 15th May, 2020 instead of earlier extended period of 15th April, 2020....

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Several Measures Taken by ESIC to Extend Relief During COVID-19 Pandemic

The country is dealing with a very challenging situation due to COVID-19 Pandemic. Many parts of the country have been placed under lock down to enforce social distancing.  To deal with the crisis, Employees’ State Insurance Corporation (ESIC) has undertaken multiple steps to provide relief to its Stakeholders and members of public....

Read More
Posted Under: Corporate Law |

25 Point Year end closure Guide for Accountants & Management

Last month of the financial year 2019-20 is about to end and this calls for certain checkpoints that each business shall ensure before they close the financial year. Our team of experts have listed below points to ensure accountants and management are on top of the year end checklist and the same have been listed […]...

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Posted Under: Corporate Law |

Relaxation to Employers who did not file ESI contribution within 42 days

One-time Relaxation to those Employers who did not file ESI contribution within 42 days Keeping in view the problem being faced by the Employers in filing ESI contribution for the contribution period April, 2019 to September, 2019 within 42 days, the Director General, in exercise of powers vested under regulation 100, has relaxed the prov...

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Posted Under: Corporate Law |

One-time Relaxation to Employers- ESI contribution- April 19 to Sep 19

No:-P-11/12/Misc./SST Misuse/2019-Rev. II (18/03/2020)

One-time Relaxation to those Employers who did not file ESI contribution for the contribution period April, 2019 to September, 2019 within 42 days....

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ESI contribution due date extended for February & March 2020

Notification No. P-11/14/Misc./1/2019-Rev (16/03/2020)

The ESI contribution for the month of February, 2020 & March 2020 can be filed & paid up to 15th April, 2020 & 15th May 2020 instead of 15th March, 2020 & 15th April, 2020 respectively....

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Registration for EPFO & ESIC for new Companies on MCA Portal only

Registration for EPFO & ESIC for new Public and Private Limited Companies and One Person Company has been stopped on Shram Suvidha Portal from 15.02.2020. With effect from 15.02.2020, new Public & Private Limited Companies and One Person Company shall get registration number for EPFO and ESIC on MCA portal (www.mca.gov.in ...

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Posted Under: Corporate Law |

Employees contribution to EPF & ESIC allowable if paid within relevant due date

PCIT Vs Orchid Pharma Ltd. (Madras High Court)

PCIT Vs Orchid Pharma Ltd. (Madras High Court) Employee’s contribution should be paid within the due date as provided in the related statutes to be allowed as deduction under Section 36(1)(va) of the Act.  A Division Bench of the Kerala High Court in the case of CIT Vs. M/s.Merchem Ltd. [reported in (2015) 378 ITR […]...

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Penal Provisions under Sections 84 to 86 of ESI Act, 1948

Penal Provisions Under Sections 84 To 86 of Employee State Insurance Act, 1948 INTRODUCTION: The employee state insurance act, 1948 is the first major legislation on social security for the employees in India. It is devised to provide social protection to employee in contingencies such as illness, long term sickness or any other health ri...

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Posted Under: Corporate Law |

Draft Employees’ State Insurance (General) Amendment Regulations, 2020

Notification No. N-12/13/01/2019-P&D (27/01/2020)

Employees State Insurance Corporation vide notification No. N-12/13/1/2016-P&D dated 24.01.2020 released the draft regulation on Employees’ State Insurance (General) Amendment Regulations, 2020 to further amend Employees’ State Insurance (General) Regulation, 1950. The Employees State Insurance Corporation proposes to make in exer...

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Employees’ contribution to EPF & ESIC deposited beyond due date not allowable

Pr. CIT Vs Orchid Pharma Ltd. (Madras High Court)

 Employees’ contribution to EPF and ESIC deposited beyond the due date prescribed under section 36(1)(va) would not be eligible for deduction even if deposited before the due date of filing the return of income tax under section 139(1)....

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Registration Under Employee State Insurance (ESI)

Article explains about Applicability of Employee State Insurance Scheme, Employees Covered under ESI Scheme, Benefits of ESI Registration, Contribution under ESI Scheme and Registration under ESIC Scheme. Overview of Employee State Insurance Scheme or ESI scheme Employee State Insurance or ESI is a scheme commenced by the Government of In...

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Posted Under: Corporate Law |

Changes in ESIC/ESI With Effect From 1st October, 2019

The ESI Act 1948, encompasses certain health related eventualities that the workers are generally exposed to; such as sickness, maternity, temporary or permanent disablement, Occupational disease or death due to employment injury, resulting in loss of wages or earning capacity-total or partial. Social security provision made in the Act to...

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Posted Under: Corporate Law |

Employees’ State Insurance (Central) Amendment Rules, 2019

Notification No. G.S.R. 638(E). (06/09/2020)

1. (1) These rules may be called the Employees' State Insurance (Central) Amendment Rules, 2019. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Employees' State Insurance (Central) Rules, 1950, in rule 52, for the words rupees one hundred thirty seven, the words rupees one hundred sevent...

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All About ESIC and PF with New Rates of ESIC

Applicability of the ESI scheme  The ESI scheme is applicable to all factories and other establishments as defined in the Act with 10 or more persons employed in such establishment and the beneficiaries’ monthly wage does not exceed Rs 21,000 are covered under the scheme. Whether the employer has employed 10 or more employees, all [&he...

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Posted Under: Corporate Law |

Employees’ State Insurance: Eligibility criteria, Benefits, Recent Changes

ESI means self-funded social security and health insurance scheme specifically for Indian employees. This is managed with the help of ESI Act 1948, by employee’s state insurance corporation based on rules and regulations. Eligibility criteria: The ESI funds are applicable only for the employees whose salary is not exceeding beyond 21,00...

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Posted Under: Corporate Law |

Government Reduces Rate of ESI Contribution from 6.5% to 4%

Notification No. G.S.R. 423(E) (13/06/2019)

The Government of India has taken a historic decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%(employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution being reduced from 1.75% to 0.75%). Reduced rates will be effective from 01.07.2019.This would benefit 3.6 crore employees and ...

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ESIC New Rates w.e.f 01.07.2019

Notification No. G.S.R. 423 (E). (13/06/2019)

In a historic decision, the Union government has cut the contributions made by employers and employees toward the health insurance scheme of Employees’ State Insurance Corporation (ESIC). The total contribution has been cut to 4 per cent from the current 6.5 per cent. The contribution rate cut is expected to help firms save around R...

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Disallowance of Contribution of PF, ESIC etc u/s 36(1)(va) – A Comparative Study between Section 36(1)(va) Vs. Section 43-B

Section 36(1)(va) Vs. Section 43-B If the assessee fails to deposit the PF, ESIC etc Contribution before the due dates as per the respective Acts. Effect of Section 43B on unpaid liability towards contributions to any provident fund or superannuation fund or any fund set up under the provisions of the Employees’ State Insurance Act,...

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Posted Under: Corporate Law |

List of documents required for closure of ESI & PF account

List of documents required for closure of ESI account In case of company  the following documents may be an evidence for closure of your ESI code No: 01. Proof of Sale of your machinery; 02. Full & final Settlement of workers along with evidence, such as acquitance of all the discharged employees towards full and […]...

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Posted Under: Corporate Law |

Guidelines for Registration of Factory/Establishment under ESI Act 1948

The ESI Act, 1948 is applicable to all factories and notified establishments in an implemented area employing 10 or more employees employed for wages. a) For Factory:‑ The threshold for coverage of “factory”, as per section 2(12) of the ESIC Act is 10 which are located in implemented areas. At present the Act is extended [&h...

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Posted Under: Corporate Law |

Scope of Spice Form widened by Covering GSTIN, ESIC & EPFO Registration

Spice Form has Widened its Scope by Covering Three Important Registration Viz GSTIN, ESIC and EPFO The Ministry of Corporate Affairs in its notification dated 29th March, 2019, inserted a new Rule 38A under the Companies (Incorporation) Third Amendment Rules, 2019. Scope : The application for Incorporation of Company under Rule 38 shall b...

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Posted Under: Corporate Law |

ESI Registration- Who needs, Documents, Benefits, Steps

Employees’ State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers. ESI is just like a social insurance scheme that would protect the interest of workers in possibilities such as sickness, maternity, temporary or permanent physical disablement and death due to employment injury resulting ...

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Posted Under: Corporate Law |

ESIC to improve its service delivery mechanism 

ESI Corporation took important decision towards improvement in its service delivery mechanism. It was decided that ESIC will also bear the 1/8th share of expenditure earlier used to be borne by States. ...

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Posted Under: Corporate Law |

Proposed Reduction in Employee & Employer contribution for ESIC

Notification G.S.R 121 (E) dated 15/02/2019 (19/02/2019)

Ministry of Labour and Employment has issued Gazette Notification G.S.R 121 (E) dated 15/02/2019 (Notification attached) notifying Draft Rules proposing to reduce Employee Contribution for ESIC to 1% from 1.75% and Employer Contribution to 4% from 4.75 %. Currently, the employee’s ESI contribution rate is 1.75% of the wages and that of ...

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Posted Under: Corporate Law |

Draft Employees State Insurance (Central) (Amendment) Rules 2019

Notification No. G.S.R. 121(E) (15/02/2019)

DRAFT RULES 1. (i) These rules may be called the Employees’ State Insurance (Central) (Amendment) Rules, 2019. (ii) They shall come into force on the date of its final publication in the Official Gazette....

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Employees’ State Insurance (ESIC) Act, 1948 – An Overview

Registration under ESIC: Shops or Establishments that have 10 or more employees, drawing the wages of up to (not exceeded) Rs.21,000 /- a month are required to be registered in FORM 01 within 15 days after the act becomes applicable to a unit or establishment for ESIC under the ESI Act 1948....

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Posted Under: Corporate Law |

All About Employees State Insurance (ESI)

Employee State Insurance Employee State Insurance Act (ESI) is established in 1948 and it is a health insurance for Indian workers. It is an autonomous corporation by a statutory creation under Ministry of Labour & Employment, Government of India. The Corporation can setup hospitals either independently or in collaboration with state ...

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Posted Under: Corporate Law |

Two New Facilities for ESIC Beneficiaries Launched

In order to empower Insured Persons and their beneficiaries and create awareness among other Stakeholders, ESIC has come up with two new user friendly initiatives. The initiatives include the facility of ‘IVR (Interactive Voice Response)/Help Desk’ for ESIC Toll Free No. – 1XXX-XX-2526 and production of seven Audio-Visual cl...

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Posted Under: Corporate Law |

ESI-Chinta Se Mukti Only Till You Receive Notice u/s 45A of ESI Act, 1948

Unfortunately, the raising of exorbitant and blatant ESI demands u/s 45A of ESI Act, 1948, under the disguise of non-co-operation from the factory or establishment, has become a routine and regular feature, now a days. As per provisions of section 45A of ESI Act, the ESIC authorities are empowered to determine the ESI Contributions, payab...

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Posted Under: Corporate Law |

Due dates Under Income Tax, GST, PF, ESIC for December, 2017

A GLIMPSE OF ALL THE DUE DATES UNDER INCOME TAX, GST, PF, ESIC FALLING IN THE MONTH OF DECEMBER, 2017 Calender for the Month of December, 2017 7th Dec 2017:- Income Tax, Income Tax Due date for deposit of Tax Deducted /Collected for the month of November, 2017 10th Dec 2017:- GST–  Filing of returns […]...

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Posted Under: Corporate Law |

ESIC payment due date pre-poned to 15th of following month

No. N-12/13/1/2016-P&D (01/07/2017)

Now due date for payment of ESIC is not within 21 days of following month, but within 15 days of following month.Regulation 31 stands amended whereby the contribution in respect of any employee shall be paid within 15 days of the last day of the calender month in which the contributions fall due. This shall […]...

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Deduction u/s 43B for EPF / ESIC paid after due date

M.V.S Engineering Ltd Vs The CIT (Delhi High Court)

In this case high court held that payment of employees contribution under the Employees Provident Fund and Misc. Provision Act, 1952 and the Employees State Insurance Act, 1948 is allowable if paid before the due date of filing Income Tax Return or filing of Income Tax Return whichever is earlier even if the same is paid after the due da...

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Cover employees covered under ESIC but not under EPFO

No. CAIU/011(67)2016/EPFO-ESICDATA (16/01/2017)

All employees registered with ESIC but not covered with EPFO must be brought under the coverage of EPFO as per due procedure....

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Scheme for Promoting Registration of Employers & Employees

This is one time opportunity to all the Employers to register themselves/ their business and employees to avoid attracting hefty penalties under the provisions of the ESI Act 1948, who have not yet registered. The advantage of the Scheme to the Employers is that those Registered during the period...

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Posted Under: Corporate Law |

Major Achievements of Ministry of Labour & Employment for 2016

The Ministry of Labour and Employment is committed towards job security, wage security and social security for each and every worker....

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Posted Under: Corporate Law |

Salary limit for ESI Applicability increased to Rs. 21000

Notification No. G.S.R. 1166(E) (22/12/2016)

In Employees’ State Insurance (Central) Rules, 1950, in rule 50, for words fifteen thousand rupees occurring at both places, words twenty one thousand rupees shall be substituted....

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ESIC: Employees & Employers Contribution rate reduced to 1% & 3%

No.: I-11/15/10/2016-ICT (15/12/2016)

ICT Division has taken up the matter for necessary modification in the application to accommodate the calculation of the contribution at the reduced rates in the first time implemented areas. However, due to technical reasons the modification in the software is taking some time....

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Limit for Coverage under ESIC & More Sectors under ESIC & EPF

Government, in principle, decided to enhance the threshold limit of wage for coverage under the Employees’ State Insurance (ESI) Act, 1948 from existing Rs.15,000/- pm to Rs. 21,000/- pm....

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Posted Under: Corporate Law |

Acche Din for those earning upto Rs. 21000 per month

The Employees’ State Insurance Corporation (ESIC) has taken one more step toward acche din for those who are earning Rs. 21000 per month alongwith improved medical facilities including telemedicine services. In a recent meeting held, the ESIC board has decided to raise the monthly wages threshold to Rs 21,000, from the current Rs 1...

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Contribution under ESI Act, 1948 is not an interest-bearing deposit

The contribution payable under Employees'' State Insurance (ESI) Act, 1948 is not an interest-bearing deposit. The Central Board of Trustees (CBT), Employees’ Provident Fund (EPF) in its 211th meeting held on 16.02.2016 has proposed an interim rate of interest at 8.80 per cent to be credited to the accounts of Employees’ Provident Fun...

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Posted Under: Corporate Law |

Casual workers covered in employee under ESI Act 1948- SC

Royal Western India Turf Club Ltd. Vs E.S.I. Corporation & Ors. (Supreme Court of India)

A person who is employed for wages in the factory or establishment, on any work of, or incidental or preliminary to or connected with the work is covered. The definition brings various types of employees within its purview....

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ESIC Act 1948 Power to reduce imprisonment not extended to fine: SC

Employees State Insurance Corporation Vs A.K. Abdul Samad & Anr. (Supreme Court of India)

SC held that object of creating offence and penalty under the Employees’ State Insurance Act, 1948 is clearly to create deterrence against violation of provisions of the act which are beneficial for the employees....

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ESIC Act, 1948- Applicability, Wages and Contribution

An employer is liable to pay his contribution in respect of every employee and deduct employees contribution from wages bill and shall pay these contributions at the above specified rates to the Corporation within 21 days of the last day of the Calendar month in which the contributions fall due. The Corporation has authorized designated b...

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Payroll: What are your (Employer’s) responsibilities?

Salary structure of employees need to be defined with an aim of providing maximum tax benefits to the employees. Indian Income Tax Act provides for very less tax benefits making the major portion of the salary as taxable. This makes it all the more important for the employer to explore all possibilities for minimum tax and then decide the...

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Posted Under: Corporate Law |

Single Online Common Return under 8 Central Labour Acts / Rules

Facility for Filing Online Single Return to be Launched Tomorrow The facility for filing Single Online Common Return under 8 Central Labour Acts / Rules on the ShramSuvidha Portal will be launched tomorrow. This service will reduce the transaction costs of business and make it easy and convenient to meet their obligations....

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Posted Under: Corporate Law |

Employees’ PF/ ESI Contribution not covered by Section 43B

Commissioner of Income Tax II Vs Gujarat State Road Transport Corporation (Gujarat High Court at Ahmedabad): Tax Appeal No. 637 of 2013

Section 43B which permits a deduction for payments made upto the due date for filing the ROI applies only to the employer’s contribution to the provident fund etc. It does not apply to the employees’ contribution. ...

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How to Register under Employees' State Insurance Act, 1948

Procedure for Registration of Factories under Employees' State Insurance Act, 1948- Ascertain whether your factory / establishment is situated within the area of implementation by ESIC (Implemented area). Regional Office, Sub Regional Office, Branch Offices, and Inspectorates Office of ESIC will guide you, on this matter, if contacted. ...

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Posted Under: Corporate Law |

ESIC – No Need to Submit Hard Copy of Returns from March 2012

Notification No. G-32/11/6/31/2012/DIR-ICT/Misc (25/04/2012)

it has been decided by Hqrs Office that for the Contribution Period Ending March 2012 also employers are not required to submit the hard or soft copies of Return of Contributions. The copy of the letter no 67/Dir/Misc/SPOC-REV dated 8/11/2011 is also being attached for necessary action. ...

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Madras HC rules that disputes on ESI coverage should be referred to ESI court only

Disputes by business and other establishments on coverage of Employees State Insurance (ESI) and/or their clubbing would have to be raised before the appropriate ESI Court u/s 75 of the ESI Act, and petitions should not be preferred directly before t...

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Posted Under: Corporate Law |

Labour ministry may oppose the imposition of Service Tax on ESIC

A service tax demand on the Employees’ State Insurance Corporation may bring the labour ministry and the finance ministry on collision course, less than a year after they locked horns over a similar demand on provident fund payments. The revenue depa...

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Posted Under: Corporate Law |

ESIC Compliance Gets Online

ESIC has embarked upon a major computerization program called “Project Panchdeep”. Employers will be able to make all statutory compliances like registration of employees, payment of ESIC dues and submission of statements online. This facility has al...

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Posted Under: Corporate Law |

Brief note on Increase in wage ceiling for coverage of employees under ESI Act

On 26th February 2010, the Government of India vide notification (See Note-2) invited suggestions in respect of an amendment proposed to be made regarding increase in the existing wage ceiling for coverage of employees under Employees State Insuranc...

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Posted Under: Corporate Law |

ESIC to Provide Secondary Medical Care and Supply of Drugs Directly in Remote Areas

This was decided in the historic 150th Meeting of the ESI Corporation under the chairmanship of Shri Mallikarjun Kharge, Hon’ble Minister of Labour & Employment, Govt. of India, today at ESIC Headquarters, New Delhi. Shri Harish Rawat, Hon’ble Minist...

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Posted Under: Corporate Law |

All about Employee State Insurance (ESIC) Act, 1948

Wage Limit increased from Rs. 10,000 to Rs. 15,000 for coverage of an employee under the ESIC Act:- The Government of India through notification in the Official Gazette has amended the Employees' State Insurance (Central) Rules, 1950. Accordingly, as per rule 50, the wage limit for coverage of an employee under Employees State Insurance ...

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Posted Under: Corporate Law |

Workers of contractor not eligible for ESI benefits

The Managing Director, Hassan Co- operative Milk Producer's Society Union Limited Vs The Assistant Regional Director Employees State Insurance Corporation (Supreme Court of India)

The workers of a contractor engaged by an establishment do not get the benefits of the Employees State Insurance Corporation Act, the Supreme Court stated last week in the judgment, Managing Director, Hassan Co-operative Milk Producer's Society Union Ltd vs ESI Assistant Regional Director....

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