Online ESI Return Filing – Comprehensive Support by Vijendra & Co.
In today's dynamic regulatory environment, timely and accurate compliance with statutory requirements is crucial for every employer. One such obligation is the regular filing of Employees’ State Insurance (ESI) returns. At Vijendra & Co., we offer expert guidance and end-to-end support for Online ESI Return Filing, ensuring that your business stays fully compliant and avoids penalties arising from delays or errors.
Employees' State Insurance (ESI) Scheme: A Brief Overview
The Employees' State Insurance Corporation (ESIC), under the Ministry of Labour and Employment, Government of India, administers the ESI Scheme. This social security and health insurance scheme provides:
- Medical care
- Financial assistance
- Compensation for maternity, sickness, disability, or death caused by work-related injuries
The scheme applies to non-seasonal factories and specific establishments employing 10 or more workers, where employees earn up to:
- ?21,000/month (for general employees)
- ?25,000/month (for persons with disabilities)
Who Needs to Register Under the ESI Scheme?
A company must register under the ESI Act if it:
- Employs 10 or more individuals in a factory or notified establishment
- Pays wages up to ?21,000 (?25,000 for specially-abled employees)
- Operates in areas where the ESI scheme has been notified by ESIC
Contribution Structure:
- Employer: 3.25% of wages
- Employee: 0.75% of wages
Expert Guidance on ESI Return Filing
Online ESI Return Filing involves submitting detailed reports of contributions paid by employers and employees to the ESIC. Vijendra & Co. offers comprehensive support to help businesses meet all statutory obligations efficiently.
- Preparation of accurate reports
- Compliance with the latest norms
- Step-by-step filing support
Filing ESI Returns: An Overview
ESI returns are filed online through the ESIC portal. The process involves:
- Calculating the total contribution for each employee
- Submitting contributions via the ESIC payment gateway
- Uploading contribution details in the prescribed format
- Filing the return within the due date
Return Periods and Deadlines
- April to September: Due by 11th November
- October to March: Due by 11th May
Essential Documents for ESI Return Filing
To file returns, employers must maintain:
- Employee details (name, insurance number, wages, attendance)
- Monthly ESI challans
- Attendance registers
- Salary and wage registers
- Inspection and accident registers (if applicable)
Consequences of Delayed or Non-Payment
Failing to pay ESI contributions on time can lead to:
- 12% annual interest on delayed payments
- Temporary suspension of employee benefits
- Penalties as per delay duration
- Prosecution in extreme cases
Penalty Structure
- Less than 2 months delay – 5%
- 2 to 4 months delay – 10%
- 4 to 6 months delay – 15%
- More than 6 months delay – 25%
How to File an Employer’s ESI Return
- Login to the ESIC portal with employer credentials
- Select ‘File Return’ and choose the return period
- Enter employee contribution details
- Upload required documents
- Verify and submit the return
- Download the acknowledgment
How Vijendra & Co. Supports ESI Return Filing
We specialize in compliance and payroll services. Our offerings include:
- New establishment ESI registration
- Online ESI return preparation and filing
- Contribution due date reminders
- Employee eligibility and contribution advice
- Register and documentation support
- Assistance during inspections or clarifications
With our proactive, client-focused approach and domain expertise, Vijendra & Co. ensures peace of mind and full compliance, allowing you to focus on your core business operations.