Details of the ESI Registration Scheme and Options
ESI stands for Employee State Insurance at Accounting4you and it is the personal financing social security solution or scheme meant for the citizens of India. ESI was a provision for the workers working in a factory. These days the coverage scheme of ESI has expanded and more and more people are added under the head. If you have a salary of more than 21,000 per month you are eligible for ESI Registration. We also have the provision of Online ESI Registration, and this is going to be a hassle-free process for you. Under the ESI provision, you have the factory as defined as the premise ad it will include the precincts thereof.
Based on the details of ESI registration, when ten or more people are being employed under a specific wage structure proceeding the 12 months tenure becomes eligible for the registration process. Here the manufacturing process can happen with or without the power aid. The factory under an ESI will not include mine as we state at Accounting4you. If the people working under the organization are ten or more than ten the premise is considered to be a suitable working zone and will allow the provision of ESI registration online at your convenience.
We at Accounting4you have some of the best provisions of ESIC employee registration and with this, you become an essential part of the scheme in specific. We help you know about the coverage details under ESI and we will also mention the required requisites that should be counted when a person is directly employed. However, you cannot opt for the registration if you are on a leave or you are without wages. You are not even eligible for the option in case you are working as a substitute employee. The directors are eligible for ESI registration if they are coming under the direct payroll of the company.
We state the other details as well at Accounting4you like a person who is drawing a salary of more than Rs.21000 and it is not convertible otherwise will be eligible for the registration process in specific. If you have got employment through the contractor or you are working under the direct supervision of the employer you can be an obvious part of the ESIC employee registration. There are more things we need to specify to make you an eligible part of the ESI scheme and have the fullest liberty to work with total employment independence.
At Accounting4you we also talk about the ESIC online registration form 01. It is also popularly known to be the ESIC declaration form and it is specifically issued by the employer and also to the employees as part of the joining team. You can call this to be the declaration form from the employee to include him or her as part of the Employee State Insurance Corporation Scheme. You should have the eligibility to get identified for the scheme and this you need to have a clean individual record.