The Employees’ State Insurance (ESI) scheme is a self-financing social security and health insurance scheme managed by the Employees' State Insurance Corporation (ESIC) under the Employees’ State Insurance Act, 1948. It provides medical, cash, maternity, disability, and dependent benefits to insured employees and their families.
At Tax Craft Services, we help businesses with complete ESI lifecycle management – from registration to monthly compliance, inspections, and legal response, ensuring you stay fully compliant and protect your workers.
➤ Employer: 3.25% of gross wages
➤ Employee: 0.75% of gross wages
➤ Every factory employing 10 or more employees
➤ Shops, establishments, hotels, etc. with 10+ persons earning ≤ ₹21,000 (₹25,000 for specially-abled)
Note: Employees earning above ₹21,000 are not covered unless registered.
o Name, DOB, DOJ, designation
o Aadhaar, contact, address, salary
| Offence | Penalty |
|---|---|
| Non-registration despite eligibility | Penalty + prosecution (Sec 85) |
| Late payment | 12% interest + damages up to 25% |
| Non-filing of returns | Notice + ₹5,000 fine |
| Non-production of records | Penalty or prosecution |
| Deducting but not depositing | Criminal (IPC Sec 406) |
We provide complete ESI compliance services
We ensure your ESI is lawfully and smoothly handled.