Know More About

The Employees’ State Insurance Corporation (ESIC) is governed by Employees’ State Insurance Act, 1948 and is an integrated social security system tailored to provide social protection to workers regardless of income or entry pay in the case of insurable employees and their dependents. Employers falling under this Act need to register under ESIC and then file monthly as well as half-yearly ESIC returns containing employee contribution, revised wages and statutory compliance. ESIC returns makes certain that all employer and employee contributions are recorded and that benefits which eligible employee may claim such as medical, maternity shield, disablement and dependents benefits. If you are an establishment with 10 or more employees, then filing of ESIC returns is mandatory (in most of the states and UTs). Lawfinity provides online ESIC compliance services such as return preparation, portal filing, challan generation and advisory, which results in complete compliance with regulations and a hassle-free experience for employees.

Employers under the ESI Act are required to file ESIC returns as mandated by law. All eligible employees will be covered under the ESI scheme and can opt for medical, disability coverage and other statutory facilities. Another advantage is that it assists the ESIC monitor contributions, authenticate claims and make transparency between employers and employees. ESIC return filing on time additionally saves you from penalties, legal issues and from being disqualified from government tenders. Lawfinity takes care of all your ESIC compliance and submissions and we make sure your business and more importantly your people are protected by the ESI scheme.

1. Data Collection: Lawfinity gathers employee wage and attendance data for the applicable month.
2. Calculation of Contributions: ESI contributions (1.75% employee, 3.25% employer) are computed.
3. Preparation of Return File: Details are compiled in ESIC-approved format.
4. Challan Generation and Payment: Contribution challan is generated and paid via the ESIC portal.
5. Online Return Filing: ESIC return is submitted online for the respective contribution period.
6. Acknowledgment and Compliance Proof: A confirmation receipt is downloaded and shared with the client.
7. Ongoing Support: Lawfinity provides monthly tracking, error rectification and support for inspections.

• Interest 12% per annum for delayed contributions.
• Damages Up to 25% of the contribution amount, depending on the delay.
• Legal Prosecution May result in fines up to ₹5,000 and imprisonment for willful default.
• Loss of Benefits Employees may lose access to medical and other benefits if returns are not filed on time.