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How to Apply ESI ACT to IT Services Organization with 200 Employees ?

How to apply ESI ACT to IT Services organization with 200 employees ?



Suresh Chalavadi from India ( Connect him at facebook)


Suresh Chalavadi! Employees state insurance is good scheme for employees welfare  under ESI Act. Because your organisation with 200 employees, you should apply for ESI scheme under ESI Act. For this, this is telephone through Toll Free Helpline no. 1800-11-2526 for personal query. For any other information about the scheme individuals or organizations may log on to  ESIC website: www.esic.nic.in  or contact any of the following Officers.

As per the PDF of ESI website,

  1. An employer will apply in Form-01 for coverage under the ESI Act, within 15 days after the Act becomes applicable to a factory or establishment.
  2. The employer will submit Declaration Form alongwith photograph of IP and Family in respect of all coverable employees in the unit.
  3.  The employer will obtain the particulars in the Declaration Form & Obtain Signature Immediately on entering the Insurable Employment.
  4.  The employer will collect temporary identity cards from the Branch Office concerned followed by permanent photo identity cards and pass them on to the employees concerned.
  5.  The employer will deposit both employee’s and employer’s contribution as per specified rates within 21 days of the following month.
  6.  The employer will maintain an Accident Book and submit accident reports to the Branch Office, involving insured worker(s) on the job, within 24 hours of an accident.
  7.  The employer will maintain all such records and registers as are required under the Act and produce them for verification/inspection before the authorized officers of the Corporation.
  8.  The employer will facilitate proper inspection of records/register and the premises by visiting officers of ESIC as and when so required.

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Accounting Education: How to Apply ESI ACT to IT Services Organization with 200 Employees ?
How to Apply ESI ACT to IT Services Organization with 200 Employees ?
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Accounting Education
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