ESI Return Filing

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    Employee State Insurance (ESI) return filing is a statutory requirement for employers to report contributions made towards employees’ ESI accounts. Under the Employees’ State Insurance Act, 1948, this ensures that employees have access to medical benefits and other social security protections. Filing ESI returns maintains transparency and compliance with legal obligations.

    Filing ESI returns not only fulfills a statutory obligation but also demonstrates employer commitment to employee welfare. With Vision Tax’s assistance, the ESI return filing process is efficient, ensuring compliance and accuracy.

    • Legal Compliance: Ensures adherence to ESI regulations, avoiding penalties.

     

    • Employee Welfare: Shows commitment to employees’ health and social security benefits.

     

    • Avoidance of Penalties: Timely filing helps avoid fines for non-compliance.

     

    • Enhanced Credibility: Builds trust with employees and regulatory authorities.

     

    • Tax Benefits: Employers can claim tax deductions on ESI contributions, improving financial efficiency.

    1. Employer’s ESI Registration Number: A unique number provided to registered employers.


    2. Employee Details: Information about each employee enrolled in the ESI scheme.


    3. Contribution Details: Monthly contribution details from both employer and employee.


    4. Challan Payment Details: Details of payments made to the ESI Corporation.

    • Registered Employers: ESI filing is mandatory for employers registered with the Employee State Insurance Corporation (ESIC).

     

    • Number of Employees and Salary Limits: Generally applicable to establishments with 10 or more employees and employees earning ₹21,000 or below per month.

     

    • Monthly Contributions: Employers and employees must contribute a specific percentage of wages to the ESI fund.

    1. Gather employee and contribution details for the filing period.


    2. Calculate ESI contributions for each employee.


    3. Submit ESI return through the ESIC’s online portal.


    4. Verify and submit the return along with payment details.


    5. Receive acknowledgment of ESI return filing.

    • ESI Registration Number: Employer’s unique ESI registration ID.

     

    • Employee Information: Details including IP (Insurance Person) number, name, and salary.

     

    • Contribution and Payment Details: Records of monthly contributions and challan payments.

     

    • Bank Details for Payment: Bank account information for transaction verification.

    1. Collect Employee and Contribution Details: Gather details of enrolled employees and contributions.


    2. Calculate ESI Contributions: Compute contributions for both employer and employee.


    3. File ESI Return: Submit ESI return on the ESIC portal.


    4. Submit and Verify Return: Complete submission and verification of return and payments.


    5. Receive Acknowledgment: Obtain filing acknowledgment for record-keeping.

    Our Fees: Rs. 4,000 + GST
    Government Fees: No government fee for ESI return filing; late fees and penalties may apply for delays.

    Processing generally requires 1-2 days.

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