ESIC return filing is the process of submitting details of the employees covered under the Employee’s State Insurance (ESI) scheme, along with their contributions and other relevant details, to the ESIC authorities. The return needs to be filed on a half-yearly basis, i.e., for the period of April to September and October to March.
The following are the steps involved in ESIC return filing:
Generate the ESIC challan: The employer needs to generate the ESIC challan for the relevant period from the ESIC portal. The challan will contain details of the employees’ contributions and the employer’s contributions.
Deposit the ESIC contributions: The employer needs to deposit the ESIC contributions for the relevant period by using the challan generated on the ESIC portal.
Submit the ESIC return: The employer needs to submit the ESIC return online through the ESIC portal within 42 days of the end of the relevant half-yearly period. The return will contain details of the employees covered under the ESI scheme, their contributions, and other relevant details such as changes in employment status.
Obtain the ESIC certificate: Once the ESIC return is filed and the contributions are deposited, the employer can obtain the ESIC certificate, which serves as proof of compliance with the ESIC regulations.
It is important to note that non-compliance with ESIC return filing and payment of contributions can lead to penalties and legal action. Therefore, it is important for employers to ensure that they file their ESIC returns and deposit their contributions on time.
The following documents and details are required for ESIC return filing in India:
ESIC Challan: A copy of the ESIC challan used to deposit the ESIC contributions for the relevant period.
Employee Details: Details of all the employees covered under the ESI scheme, including their names, Aadhaar card numbers, and wages.
Contribution Details: Details of the ESIC contributions made by the employer and the employee, including the total amount of contributions, the amount paid by the employer, and the amount paid by the employee.
Attendance Register: An attendance register or a record of the number of days worked by each employee during the relevant period.
Bank Statement: A bank statement showing the payment of ESIC contributions for the relevant period.
Registration Certificate: A copy of the ESIC registration certificate issued by the ESIC authorities.
Other Documents: Any other documents that may be required by the ESIC authorities, such as proof of changes in employment status or salary revisions.
It is important to note that the exact documents required for ESIC return filing may vary depending on the nature of the business and the number of employees covered under the ESI scheme. Employers are advised to consult the ESIC authorities or their legal advisors to ensure that they have all the necessary documents and details for ESIC return filing.
Our team comprises highly qualified and experienced professionals who have years of experience in their respective fields. Whether you need legal advice, digital marketing services, or assistance with business loans, we have the expertise to provide you with the best solutions.
We understand that every client is unique and has different needs. That's why we provide personalized services tailored to your specific requirements. We take the time to understand your business or personal goals and provide you with customized solutions that meet your needs and budget.
We are committed to providing exceptional customer support to all our clients. We understand that you may have questions or concerns, and we are always available to address them. We are responsive and proactive in our approach and strive to ensure that you are satisfied with our services.