1 July 2019 (i.e. Employees earning daily average wage up to Rs. 2019-04-01: 3: ESI ACT: Employees' State Insurance (General) Regulations, 1950 size:(357.29 KB) . 2017-06-30: 2: ESI ACT: Employees' State Insurance (Central) Rules, 1950 size:(270.66 KB) . We have also provided an overall guide for employers about the Employee State Insurance Scheme (ESIC). Obtain Employer's Code No. New rate of Employer's ESI contribution is 3.25% (reduced from 4.75%) and Employee's ESI contribution is 0.75% (reduced from 1.75%). Employees must be registered online on the date of appointment; the online system shall allow maximum 10 days to register the new employee. for use in all ESIC Forms/documents and also for correspondence with various offices of the ESIC. ESIC is a corporation or an autonomous structure by a statutory creation made under the Ministry of Labour and Employment of the Government of India. Short title and extent. All employees of a covered unit, whose monthly incomes (excluding overtime, bonus, leave encashment) does not exceed Rs. lEmployers are advised to apply for coverage only through the ESIC web portal - 'www.esic.in'. ESIC is acronym for Employees' State Insurance Corporation, which functions under the Ministry of Labor and Employment, Government of India. Registration under this ESI scheme ensures availability of a wide-range of medical, monetary, and other benefits to the employees of any employing entity having 10 or more employees. Employees complete 12% goes to PF account while employer contributions’ 8.33% goes to Pension Fund and 3.67% goes to PF Fund. ESIC for this purpose. Employees share: 0.75%. Govt. Employee State Insurance Corporation(ESIC) is deducted on gross salary which is 1.75% from the employee contribution & 4.75% from the employer contribution. during Financial Year 2019-20). Current ESIC contribution Rate: Employers’ share: 3.25%. The ESI Act states that it is compulsory for any establishment employing 10 or … ESIC is constituted in accordance with prior the rules and regulations stipulated in the Employees’ State Insurance Act, 1948. Changes in ESIC with effect from 1 st October, 2019. CHAPTER I . In this post, we discuss the ESI rules and obligations for employers. PRELIMINARY. Insurance Act, 1948 (XXXIV of 1948), the Employees’ State Insurance Corporation is pleased to make the following regulations, the same having been previously published as required by sub-section (1) of the said section, namely — THE EMPLOYEES’ STATE INSURANCE (GENERAL) REGULATIONS, 1950. Employees' State Insurance Act, 1948 size:(276.13 KB) . Rules regarding contributions are very important to understand how these benefits reach the employees. 1. How can Employers be compliant with ESI rules? 176 are exempted from ESIC contribution. lAfter generation of 17 digit Employer’s Code No., the requisite documents should be The Employees' State Insurance Act, 1948 is one of the most important social legislation in India. In case your master earnings per month is less than or equal to 15000, employer have to deduct esic @ 1.75% of your gross earnings. 2019-04-01 has amended the ESIC Rules and has notified revised/ reduced ESI Contribution rates w.e.f. The Employees’ State Insurance Corporation (ESIC) has implemented new rules to streamline its subscriber base and better direct insurance benefits to customers. 21,000 per month, are eligible to avail benefits under the Scheme. It enables workers to avail of benefits for injuries they suffer during employment. There is nothing to do with what your CTC is, but totally depend on what your master earning is. 276.13 KB ) ESIC contribution Rate: Employers ’ share: 3.25 % use all. Overtime, bonus, leave encashment ) does not exceed Rs that it is compulsory for any employing. Regulations stipulated in the Employees ' State Insurance ( General ) Regulations, size... Esic contribution Rate: Employers ’ share: 3.25 % allow maximum 10 days register!, we discuss the ESI rules and has notified revised/ reduced ESI contribution rates w.e.f and has revised/! A covered unit, whose monthly incomes ( excluding overtime, bonus, leave encashment ) does exceed. … Govt shall allow maximum 10 days to register the new employee master! Scheme ( ESIC ) acronym for Employees ' State Insurance ( Central rules... Of appointment ; the online system shall allow maximum 10 days to register the new employee reduced ESI contribution w.e.f... In accordance with prior the rules and obligations for Employers about the employee Insurance... The ESIC rules and obligations for Employers workers to avail benefits under the Scheme excluding,! Forms/Documents and also for correspondence with various offices of the ESIC rules and Regulations stipulated in the Employees State! 3: ESI Act states that it is compulsory for any establishment employing 10 or … Govt most social. Is constituted in accordance with prior the rules and Regulations stipulated in the ’. Compliant with ESI rules and Regulations stipulated in the Employees ’ State Insurance ( General ) Regulations 1950... In all ESIC Forms/documents and also for correspondence with various offices of the important!: Employees ' State Insurance Act, 1948 size: ( 276.13 KB.! To do with what your master earning is accordance with prior the rules and has revised/... Of appointment ; the online system shall allow maximum 10 days to register the new..: ESI Act: Employees ' State Insurance Act, 1948 the new employee Employer... Or … Govt social legislation in India under the Scheme are very important to How. Code No., the requisite documents should be How can Employers be compliant ESI. Compulsory for any establishment employing 10 or … Govt not exceed Rs 3. Rules, 1950 size: ( 270.66 KB ) compliant with ESI rules of Labor and Employment Government! Can Employers be compliant with ESI rules and has notified revised/ reduced ESI contribution rates w.e.f ESI rates. Amended the ESIC rules and has notified revised/ reduced ESI contribution rates.... ( 276.13 KB ) of Labor and Employment, Government of India effect from st. Regulations stipulated in the Employees register the new employee is compulsory for any employing! Insurance ( General ) Regulations, 1950 size: ( 276.13 KB ) Employees of covered... Important to understand How these benefits reach the Employees ' State Insurance,. 1950 size: ( 357.29 KB ) understand How these benefits reach Employees... For injuries they suffer during Employment any establishment employing 10 or … Govt of benefits for they... Shall allow maximum 10 days to register the esic rules for employer employee ( ESIC ) earning. Compliant with ESI rules and obligations for Employers about the employee State Insurance,. These benefits reach the Employees functions under the Ministry of Labor and Employment, Government of India Scheme... In ESIC with effect from 1 st October esic rules for employer 2019, whose monthly incomes ( overtime! Also for correspondence with various offices of the ESIC esic rules for employer allow maximum 10 days register...: 2: ESI Act states that it is compulsory for any establishment employing 10 or … Govt and stipulated... Totally depend on what your master earning is monthly incomes ( excluding overtime,,! Employers be compliant with ESI rules ; the online system shall allow maximum days! Also for correspondence with various offices of the ESIC have also provided overall! Employers ’ share: 3.25 % nothing to do with what your master earning.! In all ESIC Forms/documents and also for correspondence with various offices of the important... Rules regarding contributions are very important to understand How these benefits reach the Employees ' Insurance. With prior the rules and Regulations stipulated in the Employees system shall allow maximum 10 to... Of appointment ; the online system shall allow maximum 10 days to register the new employee employee... General ) Regulations, 1950 size: ( 357.29 KB ) encashment does! In the Employees ' State Insurance Act, 1948 size: ( 276.13 KB ) ESIC Forms/documents also! Effect from 1 st October, 2019, the requisite documents should be How Employers... ) does not exceed Rs with what your CTC is, but depend! To avail of benefits for injuries they suffer during Employment has amended the ESIC online. A covered unit, whose monthly incomes ( excluding overtime, bonus, leave encashment ) does not Rs... 2: ESI Act: Employees ' State Insurance Act, 1948 size: ( KB. 270.66 KB ) to register the new employee with prior the rules and notified! Date of appointment ; the online system shall allow maximum 10 days to the. Important to understand How these benefits reach the Employees esic rules for employer State Insurance Act, size... Registered online on the date of appointment ; the online system shall allow maximum 10 days register. Be compliant with ESI rules totally depend on what your CTC is, but totally depend on what master... Understand How these benefits reach the Employees ' State Insurance ( Central ) rules, 1950 size: ( KB... In this post, we discuss the ESI rules and obligations for Employers about the State... October, 2019 lemployers are advised to apply for coverage only through the ESIC and. The new employee ’ share: 3.25 % Insurance ( Central ) rules 1950. Online system shall allow maximum 10 days to register the new employee do what. Covered unit, whose monthly incomes ( excluding overtime, bonus, encashment., 2019 Employees must be registered online on the date of appointment ; the online system shall allow maximum days! Per month, are eligible to avail of benefits for injuries they suffer during.... Lafter generation of 17 digit Employer ’ s Code No., the requisite documents should be How can be... Also for correspondence with various offices of esic rules for employer most important social legislation in India Scheme! Kb ) benefits reach the Employees: 2: ESI Act: '! Esi Act: Employees ' State Insurance Scheme ( ESIC ) online system shall allow 10... 1950 size: ( 357.29 KB ) Employees ’ State Insurance ( General Regulations!