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ESI refers to Employee State Insurance. It is a health insurance scheme and self-financing public safety for Indian workers. If any employee earns Rs. 21000/- or below p/m as wages, then the emloyee contributes 1.75% and employer contributes 4.75 and total stake 6.5 percentage. According to ESI rules and regulation specified there in the employee state insurance Act 1948. If employees take the license under ESI, they will get a long range of benefits under the scheme. Such facilities are really very grateful for improving the health, assurance, performance, and retaining and progress of employees. Thus, a license under the ESI scheme is regarded as a statutory responsibility of every concerned employer entity engaged in any economic field.
Employee license is eligible when organization/firm/company employees restricted ten or more workers with separable salary and wages dropping under the brink limit of Rs. 21000 p/m. If anybody getting one-time registration under the ESI, then he/she contribute 1.75 per cent of his/her salary and company contribute 4.75 per cent in employee’s salary. After getting registration, ESIC provides appreciation to the employing entity and its worker through 17-digit identification code.
The advantage of ESI Registration is provided by ESIC with proficient support of its huge network of branches offices, dispensaries and hospitals placed throughout India. The advantage of ESI is covered with the following statement.
The rate 90% will pay off the monthly salary by disability of the anxious workers. In case of death of any workers instigated by any work-related hazard, ESIC provides 90% of his/her salary to his/her dependents every month.
The Procedures and requirements for ESI Registration are covered with the following process.
The staffs are required to submit complete Employer’s registration to the ESIC along with all papers which are mentioned below.
Every employee is required to fill in the form-1 and submit a photograph to the employer Certified various duplicate papers related with company incorporation and business of the company.
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What Makes Us Different From Others?
The licenses registered by us are 100% genuine and are issued by Government of India. However, we will provide you with all the validation, bills and receipts of each submission. Feel free to enquire!
We take full responsibility for our work and will issue you the licenses within the committed time period. Our team understand your problems and will provide full support in order to do the best for our valuable clients.
Don’t worry about the cost of submissions. We are here to provide you with the best at the best possible price. Need a discount? Contact our Sales team today!
GSB Taxation works at a National Level. We have a strong and dedicated team which works in all the 29 States of India.
Our consultancy provides more than 75 services which help in completing the entrepreneur dream of each individual.
We are here to help you! Our strong passionate team and connectivity lead in the completion of the most difficult registrations without any hustle.
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We at GSB Taxation believe in high quality and exceptional customer service but most importantly, we believe helping others should be the primary purpose of a good service agency. So, we strive to give the best services at the most affordable prices. We’ve come a long way, so we know exactly which direction to take when supplying you with high quality yet budget-friendly services. Whether it is a Private Limited Company Registration, LLP Registration, One Person Company Registration or an FSSAI License Registration, we got it covered. We know that it’s hard for a person to stand on its own. He/she have to think twice before taking any step. Therefore, GSB Taxation offers all of these and other major services with excellent and friendly support in order to do the best for you. We are here to help you in nourishing your business. Trust our dedicated team get ready to live your dreams with us.