WHAT ARE ESIC FORMS?

Posted on 06th Aug 2018 | 1048 views

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What are ESIC forms?

Employee state insurance policy is designed to protect the interest of the workers in the event of emergencies like sickness and medical emergency and maternity and temporary and permanent disablement deadly injury to the employee losing earnings or unable to earn, ESI scheme is a social security scheme, Employee state insurance corporation (ESIC) is a body under the ministry of labour and employment, the government of India. SIC has implemented ESI employee state insurance scheme for Indian workers/ employees this scheme provides various benefits for the working class in India such as medical and monetary. Other benefits. Any establishment having 10 or more employees or 20 in some state with their wage more than 21000rs must register itself with ESIC. Under the employee insurance scheme the employee, as well as the employer, need to contribute a certain percentage to ESIC to avail the benefits. In case of an employer, 4.75% must be contributed by the employer out of total monthly salary payable to the employee and In case of an employee, 1.75 % must be contributed from his/her monthly salary or wage.

ESIC forms

Benefits present under this scheme are

● Sickness benefit

● Medical benefit

● Pension benefit

● Funeral and confinement expenses

● Disablement benefit

● Maternity benefit

● Dependent benefit

The documents required for the registration are –

● registration certificate provided under Factories Act, Shops, and Establishment Act

● Certificate of Registration Company

● Association of the Company Memorandum

● employees list working in the organization

● PAN

● details of all the employee's salary record

● canceled cheque

● Bank Account of the establishment

● Directors of the Company names

● Shareholders list

● register with attendance of the employees

All documents are mandatory

ESIC forms

A certain number of forms are produced by the ESIC for a different kind of purpose such as

● FORM-1 - Declaration Forms

● FORM NO. 3 Return of Declaration Form (Regulation 14)

● FORM NO. ESIC-MED 37 Certificate of Re-employment, Continuing employment

● FORM NO. ESIC-86 • FORM NO. 12 (Regulation 68) Accident Report Form

ESIC form 1

ESIC form 1is also known as ESI declaration form issued to the employee by the establishment at the time of joining service ESIC form 1 o the ESI declaration form should be submitted by the employer at nearest ESIC regional office.

Form 1 ESIC

Form 1 ESIC

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