Dear All,
I have recently joined an IT company. Here, we have 36 employees. In February 2012, we had 20 employees, all of whom were receiving a salary of more than 16000. However, due to some projects, we hired 16 more employees in March 2012. All of these new employees are at the junior level and receive a salary of less than 15000.
Our company was established in 2008, but since all employees are exempt from ESI, we have not applied for an ESI number. Now, we are looking to register for ESI coverage. Could you please guide us on the procedure? Do we have to pay any penalty for late registration? If so, how much penalty will be charged?
Thank you,
Meenakshi
From India, New Delhi
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I have recently joined an IT company. Here, we have 36 employees. In February 2012, we had 20 employees, all of whom were receiving a salary of more than 16000. However, due to some projects, we hired 16 more employees in March 2012. All of these new employees are at the junior level and receive a salary of less than 15000.
Our company was established in 2008, but since all employees are exempt from ESI, we have not applied for an ESI number. Now, we are looking to register for ESI coverage. Could you please guide us on the procedure? Do we have to pay any penalty for late registration? If so, how much penalty will be charged?
Thank you,
Meenakshi
From India, New Delhi
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Dear Meenakshi, For registration under ESI & EPF in Delhi-NCR region, Kindly contact undersign.
From India, Delhi
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From India, Delhi
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First, you have to check whether your company area comes under ESI notified area for coverage or not. If yes, you can approach your nearby ESI local office Manager. He can guide you for registration. You can also go for online registration. On request, ESIC Local Office Manager or Enforcement Officers can visit your company and audit the base records, vouchers, ledgers, etc. If they find any wages/salary less than 15,000/-, you have to pay both the contributions. No interest.
From India, Coimbatore
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2From India, Coimbatore
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The act is applicable to the factories employing 10 or more workers.
Under Section 1, Subsection 5 of the Employees' State Insurance Corporation (ESIC) Act of 1948, the Scheme has been extended to shops, hotels, restaurants, cinemas including preview theatres, road motor transport undertakings, and newspaper establishments employing 20 or more persons.
Regards,
kscc
From India, New Delhi
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Under Section 1, Subsection 5 of the Employees' State Insurance Corporation (ESIC) Act of 1948, the Scheme has been extended to shops, hotels, restaurants, cinemas including preview theatres, road motor transport undertakings, and newspaper establishments employing 20 or more persons.
Regards,
kscc
From India, New Delhi
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Documents required for ESI Code.doc
ESI contribution rates lowering.pdf