ESI Registration have become mandatory for business employing 20 or more persons. For ESI contribution, it will require all employees to have earning less than Rs. 21,000/- per month.
Employee’s State Insurance(ESI) is a independent social security and health insurance scheme for Indian workers. For employees employing INR 21,000 or less per month, the contribution of employer 4.75 percentage and contribution of employee will be 1.75 percentage, total share Â as 6.5 percentage. This reserve is controlled by the ESI Corporation (ESI) and according to the guidelines of ESI Act 1948, which manages Â the provisions of medical and cash benefits to the employees and their family through its network of sub offices, dispensaries and hospitals throughout the country. Mainly the contribution of ESI is self-governed to corporation under Ministry of Labour and Employment, Government of India. But most of the clinic and medical institutions or hospitals are run by their own state governments.