When is ESIC registration mandatory?
ESIC registration is mandatory for establishments with 10 or more employees (in most states) and for factories employing 20 or more workers.
What is the ESIC contribution rate?
The current ESIC contribution rate is 4% of gross salary from employer and 0.75% from employee. For employees with daily wages up to ₹137, the contribution is 3% from employer and 0.75% from employee.
How long does ESIC registration take?
The registration process typically takes 15-20 working days after submission of all required documents.
What benefits does ESIC provide to employees?
ESIC provides health insurance, maternity, disability, dependent benefits, and funeral expenses coverage to insured employees and their families.