ESIC Registration is a self-financing social security and health insurance scheme for all Indian workers. ESIC is must for those entities which is having more than 10 persons. If the wages of an employee exceeds Rs. 21,000 in a month, can he be treated as not covered and deduction of contribution from his wages is stopped?. Walk2Register.in can help your organization to obtain and manage ESIC Registration. Once you have registered the organisation under ESIC will get a 17-digit unique identification number. To avail medical facilities, employees should register under the scheme of ESIC Registration.
Employer’s contribution: A sum equal to 4.75% of the wages payable to an employee
Employee’s contribution: A sum equal to 1.75% of the wages payable to an employee