Hi,
I just wanted to inquire about ESIC. When ESIC is deducted from the employee's salary, how does it benefit the employee and what procedures or actions need to be taken by the company to make it available to their employees?
Seniors, your assistance is greatly appreciated.
I am eagerly awaiting your prompt reply.
Regards,
Meenu
From India, Mumbai
Acknowledge(0)
Amend(0)
2I just wanted to inquire about ESIC. When ESIC is deducted from the employee's salary, how does it benefit the employee and what procedures or actions need to be taken by the company to make it available to their employees?
Seniors, your assistance is greatly appreciated.
I am eagerly awaiting your prompt reply.
Regards,
Meenu
From India, Mumbai
Acknowledge(0)Amend(0)
I think you should have a look at the link below: https://www.citehr.com/49368-faq-pf-esi-income-tax.html
You will get answers to all of your questions.
From India, Lucknow
Acknowledge(0)Amend(0)
You will get answers to all of your questions.
From India, Lucknow
Acknowledge(0)Amend(0)
Hi Couvery, Through above link i didn’t get the relevant information related to my question. Regards, Meenu
From India, Mumbai
Acknowledge(0)Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)
Hi Meenu,
To avail the facility of ESIC, employees' salary should be a maximum of 1,80,000 INR per annum (15 thousand gross per month). The employee has to fill up the form and provide a picture to the organization. For example, if an employee wants his mother and father to be insured under the ESIC facility, he/she has to provide one single picture of himself/herself and one picture with the mother and father. Once the company submits the form and pictures to the ESIC office, each employee will receive an ESIC card. The validity of the card is one year (not sure if it is one year or six months). Along with the card, the employee receives a list of panelist doctors whom they can visit whenever they need any kind of medicine. This is generally how it works. Let's see what other professionals have to say about it.
Hope this helps.
Regards,
Monica
From India, Pune
Acknowledge(0)Amend(0)
To avail the facility of ESIC, employees' salary should be a maximum of 1,80,000 INR per annum (15 thousand gross per month). The employee has to fill up the form and provide a picture to the organization. For example, if an employee wants his mother and father to be insured under the ESIC facility, he/she has to provide one single picture of himself/herself and one picture with the mother and father. Once the company submits the form and pictures to the ESIC office, each employee will receive an ESIC card. The validity of the card is one year (not sure if it is one year or six months). Along with the card, the employee receives a list of panelist doctors whom they can visit whenever they need any kind of medicine. This is generally how it works. Let's see what other professionals have to say about it.
Hope this helps.
Regards,
Monica
From India, Pune
Acknowledge(0)Amend(0)
Dear,
Okay, then you are talking about the company side. See, first change your mindset that it is insurance. It gives a lot of relaxation when any problem arises. This is like a safety jacket for the organization.
You can easily understand what, when, and how benefits can be availed from the ESI. There are a lot of benefits for different purposes like medical, pension, disability benefit, death benefit, benefit to family members, and many more.
But the most important thing is awareness among the employees/workers regarding the benefits and advising them to take advantage of their contributions. As you know, the employer's share in ESI is very high. If the employees of an organization are not benefiting from the contributions made by the organization for their safety and security, then there is no value in the contribution that the employer has made for them.
So, go through the ESI Act and Rules and train employees.
From India
Acknowledge(0)Amend(0)
Okay, then you are talking about the company side. See, first change your mindset that it is insurance. It gives a lot of relaxation when any problem arises. This is like a safety jacket for the organization.
You can easily understand what, when, and how benefits can be availed from the ESI. There are a lot of benefits for different purposes like medical, pension, disability benefit, death benefit, benefit to family members, and many more.
But the most important thing is awareness among the employees/workers regarding the benefits and advising them to take advantage of their contributions. As you know, the employer's share in ESI is very high. If the employees of an organization are not benefiting from the contributions made by the organization for their safety and security, then there is no value in the contribution that the employer has made for them.
So, go through the ESI Act and Rules and train employees.
From India
Acknowledge(0)Amend(0)
The most important benefit is the medical benefit, which is free for all employees having the ESI insurance number. The ESI also pays the gross salary to any employee who avails medical leave, provided the same is not paid by the organization where he works. If he takes the employee smart card/Pehchaan card, he can get treatment throughout the country, though hospitals are also asking for the ESI Form 37 to find out if he is still working for an organization that is paying ESI contributions. Further, in the case of accidental death in service, the employee can get ESI pension.
From India, Hyderabad
Acknowledge(0)Amend(0)
From India, Hyderabad
Acknowledge(0)Amend(0)
Dear Meenu, where is your organisation based. do you have an ESIC clinic nearby?
From India, Moradabad
Acknowledge(0)Amend(0)
From India, Moradabad
Acknowledge(0)Amend(0)
Hi,
Is the issuance of ESIC linked to the number of employees, similar to how PF is linked to at least 20 employees? If so, what is the threshold where the company becomes liable to pay ESIC based on the number of employees?
Please guide me.
Regards,
Meenu
From India, Mumbai
Acknowledge(0)Amend(0)
Is the issuance of ESIC linked to the number of employees, similar to how PF is linked to at least 20 employees? If so, what is the threshold where the company becomes liable to pay ESIC based on the number of employees?
Please guide me.
Regards,
Meenu
From India, Mumbai
Acknowledge(0)Amend(0)
Dear Meenu,
Employees earning below Rs 15,000 per month are eligible for ESIC benefits. Form-1 is the initial step for ESI. Employees should fill out the form with complete details, including nominee information, and submit it to the ESIC branch office. Under the ESIC Act, employees are entitled to various benefits such as hospital benefits, maternity benefits, sickness benefits, super-specialty hospital benefits, reimbursement of medical expenses (depending on the situation), pension (in case of accidental death while in service), and funeral expenses, among others.
Please review and let me know if any further changes are required.
From India, Pithapuram
Acknowledge(0)Amend(0)
Employees earning below Rs 15,000 per month are eligible for ESIC benefits. Form-1 is the initial step for ESI. Employees should fill out the form with complete details, including nominee information, and submit it to the ESIC branch office. Under the ESIC Act, employees are entitled to various benefits such as hospital benefits, maternity benefits, sickness benefits, super-specialty hospital benefits, reimbursement of medical expenses (depending on the situation), pension (in case of accidental death while in service), and funeral expenses, among others.
Please review and let me know if any further changes are required.
From India, Pithapuram
Acknowledge(0)Amend(0)
The minimum number of employees for an organization to register with the ESI is 10.
The legal heirs of an employee are eligible for funeral expenses, which is Rs. 10,000, if an employee dies while in service. To claim this benefit, you need to fill up Form 22, enclose the death certificate, and submit it to the ESI corporation.
From India, Hyderabad
Acknowledge(0)Amend(0)
The legal heirs of an employee are eligible for funeral expenses, which is Rs. 10,000, if an employee dies while in service. To claim this benefit, you need to fill up Form 22, enclose the death certificate, and submit it to the ESI corporation.
From India, Hyderabad
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.